ABSLI Child's Plan: Future Assure & Vision Star
Updated On Dec 20, 2023
ABSLI Child Plans offer the dual value of life insurance and savings. This program allows policyholders to protect the future of their children while, at the same time, developing a savings corpus to better achieve the key milestones of a child's life. In the case of a child insurance contract, the adult is the purchaser of the fund and the child is the beneficiary.
Table of Contents
Why Do You Need ABSLI's Child Insurance Policy?
ABSLI Child insurance policies are designed to guarantee the financial future of your child in your absence and to ensure that all of your child's interests are well taken care of in the event of an unforeseen event.
Benefits of Aditya Birla Child plans
- Provides financial security for your child and in your absence
- Builds a corpus for the welfare of children
- Financial assistance for child marriage
- Tax advantages: Tax benefits
Must Read: Top Reasons To Buy A Child Insurance Plan
Child Insurance Plans Offered By Aditya Birla Sun Life Insurance
Aditya Birla Sun Life Insurance offers 2 child life insurance plans discussed below:
1. ABSLI Child’s Future Assure Plan
ABSLI Child’s Future Assure plan is a life insurance cum savings plan, which offers you assured benefits that help you take care of the important event of your child’s life such as education and marriage expenses. Under this plan, you get a 20% loyalty addition which adds to the assured benefit at each scheduled payout, if you make regular premium payments.
Features and Benefits of Aditya Birla Future Assure Child Plan
- Offers Death Benefits
- Offers Guaranteed Loyalty Additions
- Offers Maturity Benefits
- Flexibility to enhance the coverage by choosing from 6 different riders
2. ABSLI Vision Star Plan
ABSLI Vision Star plan life coverage along with regular lump sum payouts that help you finance your child’s education & secure the child’s future even in your absence with comprehensive financial protection. This plan has 2 Assured Payout options that one can choose from according to their requirements.
Features and Benefits of Aditya Birla Vision Star Child Plan
- Availability of 2 Assured Payout Options
- Offers Death Benefit
- Offers Maturity Benefits
- Flexibility to choose Premium Payment Term
- Flexibility to choose Policy Term
Conclusion
Aditya Birla Sun Life Insurance offers 2 child plans namely ABSLI Vision Star plan and ABSLI Child’s Future Assure plan. Aditya Birla Sun Life's child insurance policies help you ensure that your child is not denied his or her wishes even though you are no longer around.
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