Benefits

Eligibility

Coverage


All Individuals (Male | Female | Transgender)

Minimum Entry Age (age as on last birthday)


Legacy VariantMilestone Variant
30 days*


Maximum Maturity Age (age as on last birthday)


Legacy VariantMilestone Variant
100 years85 years

Minimum Maturity Age


Legacy VariantMilestone Variant
100 years18 years

Maximum Entry Age (age as on last birthday)


Legacy VariantMilestone Variant
5 Pay: 45 years
6 Pay: 55 years
7 Pay: 60 years
Other Premium Paying Term Opotions: 65 years
65 years

Minimum Premium


Legacy VariantMilestone Variant
Single Premium: Rs. 5,00,000 Limited
Premium/ Regular Premium Rs. 2,00,000

Maximum Premium


Legacy VariantMilestone Variant
No limit (subject to Board Approved Underwriting Policy)


Legacy VariantMilestone Variant
Single Premium: Rs. 6,25,000 Limited
Pay/ Regular Pay Rs. 14,00,000

Maximum Sum Assured


  
Legacy VariantMilestone Variant
No limit (subject to Board Approved Underwriting Policy


Legacy VariantMilestone Variant
Single Pay Limited Pay: 5 to 20 years

Single Pay Limited Pay: 5 to 12 years

Regular Pay: 10 to 30 years

Minimum Policy Term


Legacy VariantMilestone Variant
100 years minus entry age

10 years

Maximum Policy Term


Legacy VariantMilestone Variant
100 years minus entry age

30 years

Premium Payment Mode


Annual | Semi-Annual | Quarterly | Monthly | Single

Premium Bands


Band Single Premium/ Annualized Premium
Band 12,00,000 to 4,99,999
Band 2
5,00,000 to 24,99,999
Band 3
25,00,000 and above

Band 1 is not available under Single Premium Paying Term option.

*risk commences from policy issue date


Riders


  1. ABSLI Waiver of Premium Rider (UIN: 109A039V01)


  1. All future premiums waived in case of permanent disability due to illness or accident, any of the specified critical illnesses or death.
  2. ABSLI Accidental Death Benefit Rider Plus (UIN: 109A024V01) Get additional protection for accident leading to death at a nominal cost.

There are exclusions attached to the riders. Please refer rider brochures for more details