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BSLI Protector Plan

s 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 you progress through life, your needs and that of your loved ones grow and change over time. However, life being uncertain, you need to ensure that your family enjoys the same lifestyle, even when you are not around. BSLI Protector Plan provides complete financial freedom to your loved ones, even in your absence, so that they continue to live in comfort.
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
  • Income Tax benefits as per prevailing norms under the Income Tax Act, 1961
Annual Premiums for BSLI Protector Plan
BSLI Protector Plan offers affordable and guaranteed protection for everyone. It also offers automatic premium reduction to women. Given below are sample annual premiums for male and female, both aged 35, with a Sum Assured of Rs.20,00,000, 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 Male Female
Level 3,130 3,610 4,920 6,060 2,890 3,230 4,170 5,000
Increasing @ 5% 3,280 4,070 6,590 9,620 3,010 3,590 5,400 7,680
Increasing @ 10% 3,430 4,540 8,270 13,360 3,140 3,960 6,680 10,490
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. 5,00,000
Max. Rs. 49,99,999
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.
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 Plan Unique No.: 109N072V01 ADV/5/11-12/4629 Version No.: VER 1/June/2011
Unique No.: 109N072V01
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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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