High Free Cover Limit, where the Members do not need to undergo any medical examination
High degree of customization, flexibility and standardization
Enhanced coverage by adding riders
Choose your own benefit
You have the flexibility of choosing the Cover under this policy either from uniform cover, graded cover or in multiples of the salary in case of employees.
Protection for beloved
Along with your employees/members, you may also cover their spouses
In the event that the life insured dies while the policy is in effect, the death benefit shall be the sum assured.
Individual Conversion Option
The member has the option to continue their coverage as an individual policy in the event the policyholder has surrendered the policy.
Under ABSLI’s Affinity Group Term Life Insurance Plan, trust or association is the master policyholder and members are the lives assured.
Minimum Group Size
10 members for employer-employee groups, 50 members otherwise
Minimum Age at Entry
15 years (Age last birthday)
Maximum Age at Entry
Normal retirement age – 1 year; or 79 years (Age last birthday)
Maximum Age at Maturity
Normal retirement age; or 80 years (Age last birthday)
Minimum Sum Assured
Maximum Sum Assured
1,00,000 for Social Groups; 1,00,00,00,000 for other groups (subject to Board approved underwriting guidelines).
Minimum Policy Term
ABSLI Accidental Death Rider (UIN 109B004V04)
ABSLI Accidental Death and Dismemberment Rider (UIN 109B005V04)
ABSLI Critical Illness Plus Rider (UIN 109B009V04)
ABSLI Critical Illness Rider (UIN 109B006V04)
ABSLI Group Accelerated Critical Illness Premier Rider (UIN 109B021V03)
ABSLI Group Accelerated Terminal Illness Rider (UIN 109B022V03)
ABSLI Group Critical Illness Premier Rider (UIN 109B020V03)
ABSLI Term Rider (UIN 109B007V04)
ABSLI Total and Permanent Disability Rider (UIN 109B010V04)
Please refer to detailed brochures on riders, or visit our website for further details
Frequently Asked Questions
Do I need to offer this product to all members?
Not necessarily. Since you are the master policyholder, you can offer to all on a compulsory basis or a select few on a voluntary basis.
What’s the tenure of this plan?
It’s a yearly renewable plan.
How much premium do I need to pay for this?
Premium amount depends on the risk assessment of the group. Please reach out to us to know about applicable premiums.
Does the plan offer any tax exemption for the sponsor?
Tax benefits under this plan are subject to fulfilment of prescribed conditions. Please note that the tax benefits are as per the extant tax law and the same are subject to change with the change in law.
Service for Policy Holders
For West region - 9088020805
For South region - 9916992444
For East and North region - 9560425798
Write to Us
For or any query, Please write to firstname.lastname@example.org
For West region - Anandita.Dubey2@adityabirlacapital.com
For South region - Karundeep.Kaur@adityabirlacapital.com
For East and North region - Ashish.Bhardwaj@adityabirlacapital.com
The Trade Logo “Aditya Birla Capital” Displayed Above Is Owned By ADITYA BIRLA MANAGEMENT CORPORATION PRIVATE LIMITED (Trademark Owner) And Used By ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED (ABSLI) under the License.”
This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). This is a non-linked, non-participating group insurance plan. ABSLI reserves the right to recover levies such as GST levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. For further details please refer to the policy contract. Tax benefits subject to changes in the tax laws. For more details on risk factors terms and conditions, please read the sales brochure carefully before concluding the sale Please refer the Exclusions Section in the sales brochure for details on Exclusions and the Terms & Conditions
Registered Office: One Indiabulls Centre Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. Call Centre: 1-800-270-7000 www.adityabirlasunlifeinsurance.com IRDAI Reg. No. 109 | CIN: U99999MH2000PLC128110 ADV/9/20-21/1199