ABSLI Assured Income Plan – Secure Income & Life Coverage | Aditya Birla Insurance

Aditya Birla Sun Life Insurance (ABSLI) offers a range of insurance plans tailored to meet diverse financial needs. One of the standout plans in its portfolio is the ABSLI Assured Income Plan, a comprehensive income plan designed to provide financial security through regular income payouts. This article delves into the key benefits and features of the Assured Income Plan by ABSLI, helping you understand why it is a preferred choice among policyholders.

ABSLI Assured Income Plan – Secure Income & Life Coverage | Aditya Birla Insurance

What is the ABSLI Assured Income Plan?

The ABSLI Assured Income Plan is a non-linked, non-participating insurance plan that ensures a steady stream of income over a specific period. It is structured to provide financial stability through periodic income payouts while also offering life insurance coverage, making it a dual-benefit plan.

Key Benefits of the Assured Income Plan by ABSLI

1. Guaranteed Income:

   • The plan provides a guaranteed income payout at regular intervals, ensuring financial stability throughout the policy term.

2. Flexibility in Income Payouts:

   • Policyholders can choose the income payout frequency based on their financial needs – monthly, quarterly, half-yearly, or annually.

3. Life Insurance Cover:

   • Along with assured income, the plan offers comprehensive life insurance coverage to safeguard the family’s financial future in the event of the policyholder’s demise.

4. Tax Benefits:

   • Premiums paid towards the Aditya Birla Life Insurance plan are eligible for tax deductions under Section 80C of the Income Tax Act. Additionally, the income received is also tax-exempt under Section 10(10D), subject to prevailing tax laws.

5. Enhanced Income Option:

   • Policyholders can opt for the enhanced income option to receive higher payouts, making it ideal for those seeking increased financial security.

Why Choose ABSLI Assured Income Plan?

The ABSLI Assured Income Plus plan is designed to provide a steady flow of income, making it a reliable option for individuals seeking consistent financial returns. Additionally, it comes with the backing of Aditya Birla Insurance, a trusted name in the insurance sector, further enhancing its credibility and trustworthiness.

Who Should Opt for the Assured Income Plan by ABSLI?

• Individuals seeking a stable source of income post-retirement.

• Those looking for a dual-benefit plan that combines income generation with life insurance coverage.

• Policyholders who wish to secure their family’s financial future while receiving periodic income payouts.

Conclusion

The Aditya Birla Sun Life Insurance Assured Income Plan is an ideal solution for those seeking a reliable income stream along with life insurance protection. With its flexible payout options, enhanced income features, and tax benefits, it stands out as a comprehensive financial product. Consider opting for the ABSLI Assured Income Plan to enjoy financial security and peace of mind throughout your policy term.