Chandigarh, 16th February 2023: Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), has announced the launch of a simple and affordable protection solution – ABSLI Anmol Suraksha Kawach. It is a non-linked, non-participating individual, life, pure risk premium, term insurance solution for policyholders’ short-term protection needs offering a life cover for up to 5 years.
People aged between 25-55 years can purchase ABSLI Anmol Suraksha Kawach and can stay covered for a maximum duration of up to 5 years. This plan provides flexibility in choosing premium payment terms and policy terms and sum assured, enabling the policyholders to customise their term plans.
Commenting on the launch of ABSLI Anmol Suraksha Kawach, Mr Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance, said, “Aditya Birla Sun Life Insurance (ABSLI) has been a leader in developing modern, comprehensive life insurance policies that anticipate customer needs and help them create a stable financial future.
Our latest offering, ABSLI Anmol Suraksha Kawach will empower the policyholders by providing short-term protection at affordable prices so they can get the much-required life cover and live a worry-free fulfilling life. Its simplistic and affordable proposition, will position us to achieve deeper penetration and advance IRDAI's vision of a fully insured India.”
The launch of ABSLI Anmol Suraksha Kawach by Aditya Birla Sun Life Insurance is a significant development in the insurance industry. This new product aims to provide a simple and affordable protection solution to meet the short-term coverage needs of policyholders. By offering a non-linked, non-participating term insurance solution with a maximum coverage duration of up to 5 years, ABSLI Anmol Suraksha Kawach caters to individuals aged between 25-55 years. The flexibility provided in choosing premium payment terms, policy terms, and sum assured allows policyholders to customize their coverage according to their specific requirements. To know more about visit Term Insurance in UAE
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