ABSLI Secure Plus Plan

A plan with flexible and specialised income benefits

ABSLI Secure Plus Plan

All You Need To Know

Age limit

Entry age from 5 to 50 years and maximum age at maturity is 63 years

Policy term

Enjoy a short policy term of 13 years


Pay premiums for 12 years

Minimum Premium - 50,000

Minimum Sum Assured - 5,22,000


Premium payment

Minimum premium is Rs.50,000 p.a. for annual mode, Rs.36,000 p.a. for monthly mode

Income benefits

Choose from:

Option A - if you want to receive Income Benefit equal to 100% to 600% of Annual Premium for 6 years

Option B - if you want to receive Income Benefit equal to 200% of Annual Premium for 12 years


Payment Period from completion of policy term:


For Income Benefit Option A – 6 years

For Income Benefit Option B – 12 years

Death benefit

Nominee will receive greater of Sum Assured (less withdrawals) or Fund Value or 105% of total premium paid

Maturity Benefit

Option to receive the commuted value of the Income Benefit as a lump sum


Add riders for a nominal extra cost and get extra protection

ABSLI Critical Illness Rider (UIN: 109B019V03)

ABSLI Surgical Care Rider (UIN: 109B015V03)

ABSLI Hospital Care Rider (UIN: 109B016V03)

ABSLI Waiver of Premium Rider (UIN: 109B017V02)


  • What are the key features of ABSLI SecurePlus Plan?
    Key features of ABSLI SecurePlus Plan are:

    *Guaranteed Income: Regular flow of *guaranteed income for the chosen Benefit Payout Period to safeguard savings

    Loyalty Additions: Loyalty Additions as an additional boost to the Income Benefit pay-out.

    Commutation Option: Flexibility to receive a discounted value of future survival benefits as a lump sum based on ones needs.

    Customizable Benefits: Option to enhance the insurance cover through riders, which are available at a nominal extra cost.

    *Provided all due premiums are paid and the policy is in force *

  • Can Policyholder avail of tax benefits under this plan?
    As per extant tax laws, this plan offers tax benefits under Section 80C, 80D (for specific rider premium) and Section 10(10D) of the Income Tax Act, 1961. Please note that all the tax benefits are subject to tax laws prevailing at the time of payment of premium or receipt of benefits by policyholder. It is advisable to seek an independent tax advice. There are exclusions attached to the riders. Please refer rider brochure for more details.

  • What is the age criteria for this Plan?
    Anyone meeting the following criteria is eligible for ABSLI SecurePlus Plan:

    – Age at entry: 1 to 60 years (age last birthday)

  • What is the age criteria for this Plan?
    ABSLI SecurePlus Plan has a maximum maturity age of 77 years.

  • What is the minimum and maximum Sum Assured under this plan?
    The minimum Sum Assured is Rs. 3,50,000. There is no limit on the maximum Sum Assured, however it is subject to the Board Approved Underwriting Policy.

  • What is the Premium Payment Term, Policy Term & Benefit Payout Period available under the plan?
    The Premium Payment Term, Policy Term & Benefit Payout Period applicable is as follows:

    Premium Payment Term (PPT)

    Policy Term (PT)

    Benefit Payout Period

    6 years

    6/7/8/9/10/11 years

    6/8/10/12 years

    8 years

    8/9/10/11/12/13 years

    6/8/10/12 years

    10 years

    10/11/12/13/14/15 years

    6/8/10/12 years

    12 years

    12/13/14/15/16/17 years

    6/8/10/12 years

  • Can Income Benefits under this plan be received semi-annually, quarterly, monthly?
    Yes, the customer/policyholder can opt to receive the Benefit Payout Frequency in Annual or Semi-Annual or Quarterly or Monthly instalments.

  • What is the minimum premium under the plan?
    The minimum annualized premium is Rs. 50,000 for all PPTs.

    The premium amount chosen will be payable every year for the premium paying term.

  • Will the policyholder be eligible for Loyalty Additions if he/she has not paid the premiums in full?
    No, Loyalty Addition is applicable only for policies that have paid all the due premiums under the policy.

  • Does this plan cover death due to COVID 19?
    Yes, provided there is no non-disclosure on the COVID Q. Please ensure that the COVID questionnaire is filled.


HDFC Bank Limited (IRDAI Registration No: CA0010) is the Corporate Agent of Aditya Birla Sun Life Insurance Company Limited and does not underwrite the risk or act as an insurer.

Registered Address: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013. Participation by the Bank’s clients in the Insurance products is purely on a voluntary basis. The contract of Insurance is between Aditya Birla Sun Life Insurance Company Limited and the Insured and not between HDFC Bank and the Insured.

This policy is underwritten by Aditya Birla Sun Life Insurance Company Limited (ABSLI). GST and any other applicable taxes will be added (extra) to your premium and levied as per extant tax laws. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives, smokers or people having hazardous occupations etc. This product shall also be available for sales through online channel. Policies sourced through POS channel will not have any medical examination. Tax benefits may be available as per prevailing tax laws. For more details and clarification call your ABSLI Insurance Advisor or visit our website and see how we can help in making your dreams come true. All policy benefits are subject to policy being in force. “We”, “Us”, “Our” or “the Company” or “ABSLI” means Aditya Birla Sun Life Insurance Company Limited. “You” or “Your” means the Policyholder. Policyholder and Life Insured can be different under this product. In all situations, it is ensured that the Policyholder has an insurable interest in the Life Insured. For other terms and conditions, request your Agent Advisor or intermediaries for giving a detailed presentation of the product before concluding the sale. Should you need any further information from us, please contact us on the below mentioned address and numbers.

For more details on risk factors, terms and conditions, please read the sales brochure before concluding the sale. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding the sale. Aditya Birla Sun Life Insurance Company Limited. Registered Office: One World Center, Tower 1, 16th Floor, Jupiter Mill Compound, 841 Senapati Bapat Marg, Elphinstone Road, Mumbai - 400013. IRDAI Reg No.109 Call Centre: 1-800-270-7000 www.adityabirlasunlifeinsurance.com CIN: U99999MH2000PLC128110 UIN: 109N102V05 ADV/12/21-22/1804


​​​​​​​IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.