Contributions received are added to respective policy account
Covers Gratuity, Leave Encashment and Post-Retirement Medical Schemes
Interest on the investment is declared quarterly
Offers guaranteed amount in policy account
- Applicable interest rate will be declared at the beginning of every financial quarter and shall accrue at the end of fiscal quarter
- As an employer, you can claim from the policy to pay death benefits or gratuity amount to your employee (or his/her nominee) upon his/her death orexit from the service
- By investing in this plan, you will get automatic life insurance cover of Rs. 5,000 as a bundled benefit for all your employees
- You will have an option to surrender the policy anytime and receive actual surrender proceeds at that time
- You will have the flexibility to create separate non-pooled accounts for each employee or a single pooled account for all the employees
Minimum age at entry
18 years (Age last birthday)
Maximum age at entry
Up to 70 years (Age last birthday)
Maximum age at maturity
Up to75 years (Age last birthday)
Minimum number of employees
Minimum policy term
Frequently Asked Questions
Are the returns guaranteed under the ABSLI’s Group CapSecure Plan?
Yes. ABSLI’s Group CapSecure Plan provides guaranteed returns where the interest on your investment is declared at the end of every quarter.
How much life cover will I get with this plan?
You will get a life cover of Rs. 5,000 for all your employees with this plan. You will be charged Rs. 5 per member per year for this life insurance cover.
Can I cancel the plan after its purchase?
Yes. You can cancel the plan anytime during the free-look period of 15 days from the date of purchase.
What are the surrender benefits promised under this plan?
The Guaranteed Surrender Value is 70% of the total premiums paid minus all the payments made from the policy account in the past.
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 email@example.com
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 fund based group plan. The amount of Contributions less payment in respect of member exit plus quarterly interest addition are reflected in the Policy Account Value and is guaranteed at all times. ABSLI’s liability is limited to the Policy Account Value plus the Sum Assured. ABSLI reserves the right to recover levies such as the GST levied by the authorities on insurance transactions. If there be any additional levies, they too will be recovered from you. Please read the brochure carefully before concluding the sale. 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.
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/9/20-21/1223 UIN: 109N084V03