ABSLI Vision Life Income Plan

In the event the life insured survives to the end of the premium paying term, we shall pay to you

• Accrued bonuses till date

In the event the life insured survives to the end of each subsequent policy year, we shall pay to you

• Income Benefit of 5.0% of Sum Assured; plus

• Bonus from the current policy year

In the event the life insured survives to the end of the policy term, we shall pay to you

• Higher of, Sum Assured or 105% of Total Premiums paid to date(2); plus

• Terminal bonus (if any)

In the unfortunate event of the death of the life insured during the premium paying term, we shall pay to the nominee

• Sum Assured on Death; plus

• Accrued bonuses as on date of death; plus

• Terminal bonus (if any)

In the event the life insured dies aer the premium paying term, we shall pay to the nominee

• Sum Assured on Death; plus

• Bonus from the last policy year; plus

• Terminal bonus (if any)

The Sum Assured on Death is the maximum of

• 10 times the Annualized Premium⁽¹⁾

• Sum Assured chosen;

• 105% of Total Premiums paid⁽²⁾ upto the date of death