~ A unique retirement solution
offering guaranteed income and market linked income for life
Mumbai : 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 Vision
Retirement Solution - an innovative and flexible retirement
solution offering a regular stream of income for your retirement.
|
Key Features: ·
Retirement
income till age 100* years for secured retirement ·
Future-focused
Retirement income through guaranteed*+ equity-linked payouts ·
Up
to 50%** equity exposure for better payout prospects ·
Liquidity
through partial withdrawal to manage health needs in future ·
Death
benefit for legacy creation ·
Tax
savings^ With 50% premium allocation in ABSLI Wealth Infinia Plan.Applicable as per tax laws. *As per policy terms and
conditions |
ABSLI Vision
Retirement Solution is thoughtfully designed to meet the
needs of today’s smart retirees. The solution combines the ABSLI’s
Guaranteed Annuity Plus, which ensures guaranteed annuity payouts for life,
with ABSLI’s Wealth Infinia Plan, which provides equity-linked growth potential
to stay ahead of inflation.
The solution offers guaranteed payouts till the age of 100,
ensuring lifelong financial security, while the equity-linked portion enables better
payout prospects with market exposure unlocking potential of inflation beating
income.
Customers can choose between two premium allocation options, 60:40 or 50:50 between the guaranteed annuity and market-linked
components, and select their preferred income pay-out frequency such as annual,
semi-annual, quarterly, or monthly to suit their lifestyle and cash flow
requirements. The solution also offers death benefit for legacy creation to the
next generation.
Mr. Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance
Company Limited said, “We believe retirement
should be a time to live life free from all financial worries. With Aditya Birla Sun Life’s Vision Retirement Solution, individuals can
enjoy lifelong income potential that is designed to beat inflation, along with flexible
premium options for lasting financial security. Featuring guaranteed annuity
and equity-linked payouts, this solution empowers smart retirees to plan for tomorrow
while enjoying today. This solution starts at a premium of just ₹1 lakh making
it easily accessible for broader mass markets in addition to HNIs and mass
affluent segments.”
This unique solution is available for people between age 40 to 65 years planning
for their retirement income with flexible premium payment term of 7/8/10 years and
annual premium starting from Rs.1 Lakh.
To know more about the product click
here.