Birla Sunlife Insurance – Premium Back Term Plan

BSLI Premium Back Term Plan

BSLI Premium Back Term Plan is a unique, low-cost term plan that offers you an assured peace of mind with premium back on maturity.

Optimal life insurance cover

This plan offers you optimal life insurance cover at low costs, thus ensuring your family’s financial security in case something unfortunate happens to you.

Money back at maturity

You receive the total premiums paid over the policy term at maturity.

Choice of maturity benefits

The plan offers two maturity benefits to choose from – 100% Premium Back or 125% Premium Back.
Benefit100% Premium Back125% Premium Back
DeathSum assured + 100% premium back paid till dateSum assured + 100% premium back paid till date
Maturity100% premium back125% premium back

Tax Benefits

Investments in this plan are eligible for tax benefits under Sections 80C and 10(10D) of the Income Tax Act, 1961.

More Benefits

Death benefit In the event of your unfortunate death, the nominee receives the Sum Assured along with the premiums paid till date.
Riders The plan offers three riders – Accidental Death and Dismemberment Rider, Critical Illness Rider and Waiver of Premium Rider.

Plan Summary

Entry AgeMinimum – 18 years
Maximum – 50 years for the 20 year term
55 years for the 10 and 15 years term plan
Minimum sum assuredRs. 2,00,000
Premiuim Paying FrequencyAnnually, semi- annually, quarterly or on a monthly basis
Tax BenefitsUnder Section 80C and 10(10D) of the Income Tax Act, 1961


Download its brochure here.


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