Aditya Birla Sun Life Insurance launches ABSLI Akshaya Plan

Aditya Birla Sun Life Insurance, has launched a new-age savings solution ABSLI Akshaya Plan, a non-linked participating individual savings life insurance plan offering immediate liquidity option through cash bonus facility. This plan provides the benefit of a comprehensive life insurance cover and a regular source of income to ensure the fulfilment of your family’s growing needs.

ABSLI Akshaya Plan enables the policyholder to draw cash bonus from the end of first policy year, providing a regular source of income. Furthermore, policyholders have the option to receive Cash Bonus (if declared) in annual, semi-annual, quarterly or monthly frequency and the same shall be payable at the end of the year, half-year, quarter or month, as the case may be.

Kamlesh Rao, MD & CEO, Aditya Birla Sun Life Insurance, said, “ABSLI Akshaya Plan will enable our policyholders to enjoy liquidity from the end of 1st policy year thereby providing them with necessary financial assurance, as well as covering them suitably in the advent of any eventuality. It gives the required cushion of a constant source of income, aiding the policyholder’s goal of creating a secure future and a comfortable lifestyle for themselves and their loved ones. It is our constant endeavour at Aditya Birla Sun Life Insurance to help our customers with a life cover while addressing their savings needs as well.”