About Aditya Birla DigiShield Term Insurance
ABSLI DigiShield plan is a non-linked, pure risk term insurance plan. This plan provides financial protection to life assured’s family members in case of life assured’s unfortunate demise. ABSLI DigiShield plan has 10 plan options namely Level Cover, Increasing Cover, Sum Assured Reduction, Whole Life (Level Cover), Whole Life (Sum Assured Reduction), Income Benefit, Level Cover Plus Income Benefit, Low Cover, Level Cover With Survival Benefit and Return of Premium. Multiple plan options under this term plan helps in customising your plan according to your requirements and budget.
ABSLI DigiShield plan has in-built terminal illness cover that will help in providing financial aid in case the life assured is diagnosed with a terminal illness during the policy term. Under this plan multiple death benefit payout options are offered that one can choose according to their requirements.
Key Inclusions and Exclusions of the Plan
- Provide death benefits to the family of policyholders
- Critical illness coverage for a list of 37 listed illnesses
- The insurance plan offers life coverage up to 75 years
- Policyholders are paid with the flexible pay-out options
- Special premium rates for female and non-tobacco users.
What's Not Included
- Intentional self-inflicted injury or suicide attempt
- Policyholder under the influence of drugs or alcohol
- The insured person committing any type of criminal offense
- Injuries resulting from war, invasion, the act of foreign enemy
- Death or injuries due to war, civil war, terrorist activity, etc.
DigiShield Plan User Reviews
Claim Process at Aditya Birla Sun Life Term Insurance
Claim IntimationIn the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
Submission of DocumentsClaim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
Claim EvaluationOnce the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
Claim SettlementIf claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.
Term Insurance News
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