Birla Sun Life Insurance (BSLI) High Net Worth Term Plan
Birla Sun Life High Net Worth Term Plan is a pure term plan for high coverage. Thus if someone wishes to buy a vanilla term plan for a very high sum assured, then this plan is a very good option. In this plan also, like any other pure term plans, the sum assured is paid to the nominee if the life insured dies and nothing is payable on maturity.
Key Features of BSLI High Net Worth Term Plan
Benefits you get from BSLI High Net Worth Term Plan
Eligibility conditions and other restrictions in BSLI High Net Worth Term Plan
|
Minimum |
Maximum |
Sum Assured (in Rs.) |
50,00,000 |
No Limit |
Policy Term (in years) |
10 |
30 |
Premium Payment Term (in years) |
Equal to policy term |
Equal to policy term |
Entry Age of Policyholder (in years) |
18 |
65 |
Age at Maturity |
NA |
75 |
Single premium |
NA |
NA |
Payment modes |
Annual, Semi-Annual, Quarterly and Monthly(ECS only) |
Sample illustration of premium amount in BSLI High Net Worth Term Plan
The below illustration is for a healthy Male (non-tobacco user) opting for a Sum Assured = Rs. 50 lakhs and Policy Term = 25 years
Additional Features and Benefits of BSLI High Net Worth Term Plan
Riders – There are 4 riders available in this policy
· Accidental Death and Dismemberment rider
· Critical Illness rider
· Critical Illness Women rider
· Waiver of Premium rider
What happens if?