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Birla Sun Life Insurance Dream Life Plan
You work hard to provide your family the best of everything, along with saving for your retirement years. You wish for a plan that lets you live your golden years with the same comfort and lifestyle, without any compromises. Presenting the BSLI Dream Life Plan - a plan that suits your needs and gives you the freedom to live life confidently.
This plan offers you:
How BSLI Dream Life Plan works:
Based on your above choices, you will receive a host of benefits as below:
Plan Summary
Insurance Dictionary
This plan offers you:
  • Guaranteed Savings Amount on the date of your choice
  • Whole life cover
  • Choice of Pay Term
  • Enhanced financial security for your loved ones
How BSLI Dream Life Plan works:
  • You select the Guaranteed Savings Date that suits your retirement objectives.
  • You select the Basic Premium you want to pay every year.
  • You select the number of years you want to pay your premiums, and select your Pay Term from options of 5-Pay / 10-Pay / 15-Pay / 20-Pay / To Guaranteed Savings Date.
  • You will receive Basic Sum Assured which is the minimum death benefit payable on the demise of the life insured. The Basic Sum Assured is automatically determined as your Basic Premium multiplied by:
    • The higher of 10 or the number of years to attain age 70 divided by 2, for entry ages below 45; or
    • The higher of 7 or the number of years to attain age 70 divided by 4, for entry ages 45 and above
  • You have the option to choose Enhanced Sum Assured to increase the financial security for your loved ones. This increases your life cover over and above the Basic Sum Assured at a nominal cost.
  • You have the option to choose from our range of riders to further customise the financial security of your loved ones.
Based on your above choices, you will receive a host of benefits as below:
  • Death Benefit: In case of the unfortunate demise of the life insured while the policy is in effect, the nominee will receive Basic Sum Assured + Fund Value + Enhanced Sum Assured (if any).
  • Enhanced Sum Assured: Based on your needs, you can increase the life cover over and above the Basic Sum Assured by opting for the Enhanced Sum Assured at inception. You can choose any amount of Enhanced Sum Assured, subject to a minimum of Rs. 50,000 and not exceeding Basic Sum Assured.
  • Whole Life Cover: You enjoy a life cover for your entire life, ensuring financial security for your loved ones.
  • Surrender Benefit: In case of emergency fund requirements, you can surrender your policy after the completion of five policy years, and receive the Fund Value at that time.
  • Guaranteed Savings Fund: Starting on your Guaranteed Savings Date chosen by you, all the reference to the Fund Value in the Death Benefit and Surrender Benefits above will be replaced by 'higher of Fund Value or Guaranteed Savings Fund '.
  • Guaranteed Additions: Your policy enjoys a boost in the form of additional units. For more details on the guaranteed additions, please contact your financial advisors or refer to our brochure.
  • Partial Withdrawals: You can make unlimited partial withdrawals to meet any financial emergencies any time after 5 complete policy years. The minimum amount of partial withdrawal is Rs. 5,000. There is no maximum limit, but you are required to maintain a minimum Fund Value of Rs. 25,000.
  • Policy Loans: You can also avail loans on your policy.

Choose from our Rider options to increase the financial security of your loved ones

Critical Illness Rider: On diagnosis of any of the four illnesses - Heart Attack, Cancer, Major Organ Transplant and Stroke, you will receive upto 100% of the Rider Sum Assured.

Accidental Death and Disability Rider: In the event of death due to an accident, your nominee will receive the chosen Rider Sum Assured up to a maximum of Rs.50,00,000. In the event of disability due to an accident, you will receive a fixed percentage of the Rider Sum Assured, depending on the type of injury.

Hospital Care Rider: In the event that you are hospitalised for treatment, you will receive Daily Cash Benefit to take care of your expenses. In case you are treated in an Intensive Care Unit, you will receive an Enhanced Daily Cash Benefit. To help you cover your recuperation expenses, you will be paid a lump sum amount, in case you are hospitalised for more than seven days for the same disease.

Surgical Care Rider:In case you are hospitalised to undergo a surgery, you will be paid a lump sum amount to cover your expenses.

Waiver of Premium Rider:In case the life inured / policyholder is unable to pay the policy premiums due to a disability, critical illness or an untimely demise, all future premiums of the base plan and the attached riders will be paid by BSLI and all policy benefits will continue.

For more details on any of the riders mentioned above, please consult your BSLI financial advisor or refer to the rider brochure.

Plan Summary

Policy Term

Whole life

Entry Age

18 to 45 years

18 to 50 years

18 to 55 years

18 to 60 years

Guaranteed Savings Date

To age 55

To age 60

To age 65

To age 70

Basic Premium

Minimum Rs. 12,000 p.a. if paid annually
Minimum Rs. 15,000 p.a. if paid semi-annually
Minimum Rs. 20,000 p.a. if paid quarterly
Minimum Rs. 24,000 p.a. if paid monthly

Pay Term

Short Pay 5 years
Short Pay 10, 15 or 20 years
To Guaranteed Savings Date

From entry age 30
From entry age 18
From entry age 18

Premium Payment Frequency

Monthly, Quarterly, Semi-annually or Annually

Enhanced Sum Assured

Minimum Rs. 50,000
Subject to a maximum of 30 years to Guaranteed Savings Date

Insurance Dictionary

Premium: The periodic payments made to acquire the insurance and maturity benefits

Policy Term: Total benefit tenure of the policy

Maturity Benefit: The final amount which the customer receives at the end of policy term

Rider: Additional protection for an extra premium on the base policy


Disclaimer: The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of investment fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of the solicitation. Birla Sun Life Insurance - BSLI Classic Life Plan - Income Advantage, Assure, Protector, Builder, Enhancer, Creator, Magnifier, Maximiser, Multiplier and Super 20 are only the names of the Company, Policy, and Investment Funds respectively and do not in any way indicate the quality of the Policy, Investment Funds or their future prospects or returns. Investment risk in investment portfolio is the borne by the policyholder. For further details please refer to product brochure. Regd. Office: One Indiabulls Centre, Tower 1, 15th & 16th floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. Reg No. 109 Unique No.: 109L067V01 ADV / 11 / 10-11 /4309 Version No.: VER 1 / Nov / 2010


UIN No - 109L067V01
copyright © 2016. All Rights Reserved.
Angel Financial Advisors Pvt. Ltd. is corporate agent of Birla Sun Life Insurance & ICICI Lombard.
CIN Number:U51900MH1996PTC100820
Licence no with IRDA. 3834662.
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