ABSLI Offers Anmol Akshaya

Empowering today’s women with smart savings and built in HER Benefits—Health Management Services, childbirth-linked payout, and cancer support

Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance Company

Aditya Birla Sun Life Insurance Company Limited (“ABSLI”), the life insurance subsidiary of Aditya Birla Capital, India’s leading diversified financial services company, today announced the launch of ABSLI Anmol Akshaya, a savings-oriented participating life insurance plan designed to help customers achieve future goals while safeguarding their families against life's uncertainties.

Exclusive offerings of the Plan:

1. My Child: Policyholders can choose milestone-based income pay-outs aligned to key stages of a child’s educational journey, from undergraduate studies and professional courses to post-graduation and career beginnings.

1. My Savings: Designed for customers looking to create a medium to long-term corpus for future goals such as daughter’s marriage, buying a house, retirement planning etc., while also ensuring life insurance protection for their families.
2. HER Benefits: For women, the plan offers attractive savings for future goals and exclusive HER Benefits in-built in the plan. The proposition includes complimentary Health Management Services, providing access to medical consultations, and health coaching, second medical opinions and personal medical care management to support proactive health management. 

ABSLI Anmol Akshaya offers customers added flexibility through optional protection enhancements such as the Extended Life Cover (ELC) option that enables customers to continue their life insurance cover beyond Maturity up to the age of 75 or 85. Additionally, the Policy Continuance Benefit (PCB) helps safeguard long-term financial goals of the family by offering immediate death benefit, under specified conditions on death of the Life assured. Besides, this benefit also provides waiver of future premiums upon the death of the Life Insured while policy benefits continue till maturity.

Mr. Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance Company Limited, said, “Financial planning today is increasingly centered around life goals rather than standalone products. From securing a child's future, family’s future goal and a savings corpus to address the evolving financial and wellness needs of women, customers seek solutions that support them through different stages of life. With ABSLI Anmol Akshaya, we have created a proposition that combines savings and protection, along with meaningful benefits, helping customers pursue their aspirations with greater confidence and financial resilience”

As a part of HER benefits offering of ABSLI Anmol Akshaya plan, it also features a Motherhood Benefit, under which eligible women can receive an accelerated payout equivalent to one annualized premium upon childbirth after certain policy duration. Further, the Cancer Care Benefit provides an accelerated payout of 25% of the Guaranteed Maturity Benefit upon diagnosis of a covered woman-specific cancer.