ABSLI Fortune Elite

Unit linked plan with customizable options to suit your unique needs

ABSLI Fortune Elite

All You Need To Know

Age limit

Entry age from 30 days* to 55 years and maximum age at maturity is 75 years
*risk commences from the first policy anniversary

Premium amount and sum assured

Choose premium paying terms of 5|10|15|20 years

Minimum Basic Premium amount - ₹40,000

Minimum Sum Assured - ₹4,00,000

Top-up Premium - ₹5,000 (minimum)

Policy Term

Choose policy term of 20|25|30|35|40 years

Partial withdrawal

Make partial withdrawals for emergencies after five years of first premium payment

Tax benefit

Get tax benefits under 80C and 10 (10D) of the Income Tax Act, 1961

*Tax benefits are subject to changes in Tax laws. Please contact your tax consultant for an exact calculation of your tax liabilities.

Death benefit

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

In the event of death of the life insured while the policy is in effect, the nominee will be paid the greater of -

Basic Fund Value as on date of intimation of death; or

Basic Sum Assured

In addition, the greater of the following will be paid -

Top-up Fund Value as on date of intimation of death; or

Top-up Sum Assured

The Sum Assured will be reduced by the partial withdrawals made from as follows:

Before the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced by partial withdrawals made in the preceding two years.

Once the life insured attains the age of 60, the Basic Sum Assured payable on death is reduced by all partial withdrawals made from age 58 onwards.

Maturity Benefit

Receive fund value – without any hassles – when your policy matures

Surrender Benefit

Withdraw policy anytime during policy term in case of emergency

Guaranteed Additions

Guaranteed additions will be in the form of additional units in your policy

On 10th policy anniversary and on every 5th policy anniversary thereafter, Guaranteed Addition is 2.00% of the total premiums paid in the last 60 months

On 11th policy anniversary and every policy anniversary thereafter, Guaranteed Addition is 0.35% of the average Fund Value in the last 12 months

After the completion of 5 policy years, non-negative residual additions, if any, shall be credited to the policy in order to meet the maximum reduction in yield as in Regulation 37 of IRDA (Linked Insurance Products) Regulations, 2013.

Additional features

Choose from 3 investment options to suit your investment needs

Add top-ups whenever you have additional savings


  • Who can buy this plan?
    You are eligible for ABSLI Fortune Elite Plan if you’re between ages 301 days – 55 years for 5 pay and 65 years for others (subject to maximum maturity age of 75 years) and willing to invest a minimum of Rs. 40,000 p.a.1Risk commences from first policy anniversary.

  • What will be the minimum premium for this plan?
    The minimum basic premium is Rs. 40,000 p.a. There is no limit on the maximum basic premium that you can invest.

  • Can I include my family members in this plan?
    Your family member can be a nominee in this plan.

  • Does it cover critical illness?
    No, it does not cover critical illness.

  • Does it cover death benefit?
    ​​​​​​​In case of the life insured’s unfortunate demise during the policy period, death benefit will be paid to your nominee. The policy will stand terminated once the death benefit is paid.


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). This is a non-participating unit linked life insurance plan. Aditya Birla Sun Life Insurance and ABSLI Fortune Elite Plan are only the names of the Company and Policy respectively and do not in any way indicate their quality, future prospects or returns. The name of the funds offered in this plan does not in any way indicate their quality, future prospects or returns. The charges are guaranteed throughout the term of the policy unless specifically mentioned and subject to IRDAI approval. The value of the segregated fund reflects the value of the underlying investments. These investments are subject to market risks and change in fundamentals such as tax rates etc affecting the investment portfolio. The premium paid in unit linked life insurance policies are subject to investment risk associated with capital markets and the unit price of the units may go up or down based on the performance of segregated fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document. The various funds offered under this contract are the names of the funds and do not any way indicate the quality of these plans, their future prospects and returns. There is no guarantee or assurance of returns above the guaranteed returns from the segregated funds. GST and any other applicable taxes levied as per extant tax laws shall be deducted from the premium or from the allotted units as applicable. An extra premium may be charged as per our then existing underwriting guidelines for substandard lives. The insurance cover for the life insured will commence on the policy issue date. This brochure contains the salient features of the plan. For further details, please refer to the policy contract. ULIP Issued on or after 1st February 2021 where the annualised premium exceeds Rs 2.5 lakh at any time during the premium paying term, the amount received on maturity shall not be entitled for exemption under section 10(10D) of the Income-tax Act, 1961. However, death benefit received shall be exempt u/s 10(10D). Tax benefits are subject to changes in the tax laws. 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 Indiabulls Centre, Tower 1, 16th Floor, Jupiter Mill Compound, 841, Senapati Bapat Marg, Elphinstone Road, Mumbai - 400 013. IRDAI Reg No.109 CIN: U99999MH2000PLC128110 UIN: 109L090V04 ADV/11/19-20/1237 VER1/NOV/2019


​​​​​​​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.