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BSLI Protector Plus Plan

 
As you achieve new heights of success over time, your lifestyle improves in step with your progress. So does the cost of living, thanks to a steady rise in inflation rates. You need a plan that ensures your loved ones enjoy the same lifestyle even under unforeseen circumstances. Birla Sun Life Insurance offers you the perfect protection solutions with BSLI Protector Plans. These are affordable plans that grow in step with your growing needs, thanks to an increasing Sum Assured year after year, at the same premium. The plans include BSLI Protector Plan and BSLI Protector Plus Plan.
 
As someone with a successful career, you are a pillar of strength for your family. However, you also need to provide for unforeseen circumstances with a powerful solution that meets different expectations and takes care of your family's financial security. BSLI Protector Plus Plan offers you the perfect protection solution, thanks to a higher Sum Assured as well as rewards for a healthy lifestyle.
 
BSLI Protector Plan
 
Key Features :
 
  • Complete financial protection at an affordable cost
  • Hedge against the rising cost of living with an option of increasing Sum Assured
  • Enhanced insurance with appropriate rider options
  • Rewards for a healthy lifestyle
  • Income Tax benefits as per prevailing norms under the Income Tax Act, 1961
 
Annual Premiums for BSLI Protector Plus Plan
 
For the BSLI Protector Plus Plan, the sample annual premiums for a male aged 35, with a Sum Assured of Rs. 10,000,000, under Level Sum Assured and Increasing Sum Assured options:
 
Policy Term 5 years 10 years 20 years 30 years 5 years 10 years 20 years 30 years
Sum Assured Option Smoker Non-Smoker
Level 12,850 15,100 21,150 28,100 10,950 12,400 16,900 22,250
Increasing @ 5% 13,800 17,900 30,400 48,300 11,650 14,500 24,050 38,000
Increasing @ 10% 14,800 20,700 39,750 69,000 12,350 16,700 31,250 53,850
Premiums shown above are prior to service tax and education cess as applicable.
 
BSLI Protector Plus Plan offers automatic premium reduction to women. Below are sample annual premiums for a female aged 35, with a Sum Assured of Rs. 10,000,000, under Level Sum Assured and Increasing Sum Assured options:
 
Policy Term 5 years 10 years 20 years 30 years 5 years 10 years 20 years 30 years
Sum Assured Option Smoker Non-Smoker
Level 11,500 12,950 17,100 22,350 9,900 10,900 13,850 17,850
Increasing @ 5% 12,200 15,100 24,150 37,950 10,500 12,450 19,250 29,950
Increasing @ 10% 12,950 17,350 31,300 53,650 11,100 14,100 24,750 42,100
Premiums shown above are prior to service tax and education cess as applicable.
 
Plan Summary
 
Entry Age 18 to 65 years of age
Sum Assured Option I - Level Sum Assured
II - Increasing Sum Assured
Policy Term 5 to 30 years, subject to max. age on maturity: 75 years
Premium Paying Term Regular Pay
Premium Mode Annual | Semi-annual | Quarterly | Monthly
Sum Assured Min. Rs. 50,00,000
Max. no limit (subject to underwriting guidelines)
Please ask your financial advisor or visit our website to determine the premium rate applicable for your policy.
 
Other Benefits :
 
Death Benefit: In case of the unfortunate demise of the life insured during the policy term, the Sum Assured as per chosen option will be paid to the nominee. The policy shall be terminated once the Death Benefit is paid.
 
Maturity Benefit: In the event the life insured survives to the end of the policy term, no benefit is payable on maturity and the policy shall be terminated thereafter.
 
This plan offer no policy loan, surrender value or paid-up value.
 
This plan offer the following Rider options, to enhance your financial security
 
For added protection, BSLI Protector Plan can be enhanced by the following riders for a nominal extra cost:
 
Critical Illness Rider (UIN: 109C019V01): 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 (UIN: 109C018V01): In the event of death due to an accident, your nominee will receive the chosen Rider Sum Assured upto 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 (UIN: 109C016V01): 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 (UIN: 109C015V01): 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 (UIN: 109C017V01): In case life insured/policyholder is unable to pay the policy premiums due to a disability, critical illness or 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 further details, please refer to detailed brochures on riders, consult your financial advisor or visit our website.
 
Disclaimers
This is a non-participating traditional term insurance plan. All terms & conditions are guaranteed throughout the policy term.Tax benefits are subject to changes in the tax laws. Insurance is the subject matter of solicitation. For more details on terms and conditions, please refer 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 BSLI Protector Plus Plan Unique No.: 109N071V01 ADV/5/11-12/4629 Version No.: VER 1/June/2011
 
Unique No.: 109N071V01
 
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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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