ABSLI Cancer Shield Plan

Covers all stages of Cancer i.e. Early Stage of Cancer and Major Stage of Cancer

 

Entry age from 18 to 65 years and maximum age at maturity is 75 years 

Minimum 5 years to maximum 20 years 

Minimum ₹ 10 lakhs to maximum ₹ 50 lakhs

Pay your premium annually, semi-annually, quarterly or monthly

Sum Assured on illness is:

 10 times the annual premium;or

 105% of all the premiums paid till the date of a valid claim; or

 Minimum guaranteed sum assured on maturity; or

 Effective Sum Assured 

 Early Stage of Cancer - On diagnosis of Early Stage of Cancer, receive 30% of the Sum Assured on illness

 Major Stage of Cancer - At the Major Stage of Cancer, receive 100% of the Sum Assured on Illness less any previously paid claim for Early Stage of Cancer.

 

Option to receive monthly income for 5 policy years on diagnosis of major stage of cancer

Waiver of premium for 5 years on diagnosis of early stage of cancer

Tax benefits under Section 80D of the Income Tax Act, 1961