Birla Sunlife Insurance High Networth Term Plan

Birla Sun Life Insurance High Networth Term Plan

As a successful individual you take every effort to ensure that you
provide your family the best that life has to offer. However, life is
uncertain at times and one must be well prepared to provide for these
uncertainties. For example in the unfortunate event of the demise of
the chief earning member of the family, financial protection in the form
of a life insurance policy will ensure that the family continues to get the
best from life. BSLI presents the BSLI High Networth Plan that gives
your family total financial security while allowing you to customize the
plan and also rewards you for leading a healthy lifestyle.
BSLI High Networth Plan offers the following key advantages
Comprehensive financial security at an affordable cost: The plan guarantees the nominee a Sum Assured of Rs. 50 Lakhs in case of the unfortunate death of the life insured. And, in case you have chosen a higher life cover the nominee will receive an amount corresponding to the Sum Assured.Rewards you for your healthy lifestyle and good habits: Leading a healthy lifestyle has its own benefits in helping you leading a more productive life. Keeping this in mind, the BSLI High Networth Term Plan rewards you with reduced premiums if you lead a healthy lifestyle with extra benefits if you have a family history of good health. In case you are a woman taking this cover then the plan further enhances the benefits in terms of reduced premiums. If you choose a cover of more than Rs. 1 Crore the plan offers additional benefits on the premiums.Customize the Plan as per your needs: You can also choose to customize the cover based upon your specific needs.You can do this by enhancing the insurance cover by opting for the appropriate rider at a nominal cost.Accidental Death & Dismemberment Benefit Rider – provides 100% cover in case of unfortunate death due to accident, loss of more than one limb or sight in both eyes or in case of loss of one limb and sight in one eye, 50% cover in case of loss of one limb or sight in one eye.

Critical Illness Plus Rider – provides a cover against any of the seventeen illnesses as specified under this rider.

Critical Illness Women Rider – provides a cover against several critical illnesses including those specific to women, like pregnancy complications and congenital anomalies in a new born child.

Waiver of Premium Rider – waives payment of future premium on the occurrence of any of the unforeseen events covered under this rider.

Other benefits
Tax Benefits: You will be eligible for tax benefits under Section 80C, 80D and Section 10(10D) of the Income Tax Act, 1961.Free Look Period: You will have the right to return your policy to us within 15 days from the date of receipt of the policy. We will refund all premiums paid till date once we receive your written notice of cancellation (along with reasons thereof), together with the original
policy documents.
Plan Summary
Entry Age18 to 65 years
Minimum SumAssuredRs. 50 Lakhs
Policy Term10, 15, 20, 25 or 30 years subject to
75 years at maturity
Mode of PremiumYou may pay your policy premium annually, half-yearly, quarterly or monthly. Your premium will be multiplied by:
1.000 for annual
0.510 for half-yearly
0.258 for quarterly
0.087 for monthly modes (3 monthly
installments required at issue)
Premium paying methodFor annual and half-yearly mode you
can pay premium by cash (up to Rs 50,000), cheque, Credit Card or Direct Debit. Four monthly and quaterly more you can pay by salary deduction or ECS only

Download its brochure here.


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