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.
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.
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.
10, 15, 20, 25 or 30 years subject to 75 years at maturity
Mode of Premium
You 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 Method
For 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
This policy is underwritten by Birla Sun Life Insurance Company Limited (BSLI). This is a non-participating traditional term insurance plan. BSLI reserves the right to recover levies such as the Service Tax and Education Cess levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. This brochure contains only the salient features of the plan. For further details please refer to the policy contract. Tax benefits are subject to change in the tax laws. Insurance is the subject matter of the solicitation. For more details and clarifications call your BSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true.
