Aditya Birla Wealth Aspire Plan helps you create wealth and provides protection to your family in your absence. It is a Unit-Linked Insurance Plan offered by Aditya Birla Sun Life Insurance Company Limited. Your returns are maximized through market-linked investments. The policy offers flexibility and options to select a plan suitable for your individual needs. Know the details of the ABSLI Wealth Aspire Plan.
Returns as on 20-09-2026. The returns are the returns of best-performing fund in the plan
Disclaimer : ˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s
insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.inRead MoreRead Less
What is Aditya Birla Wealth Aspire Plan?
The ABSLI Wealth Aspire Plan is a non-participating, unit-linked insurance plan that comes in two options:
Classic Option: The higher of Sum Assured or Policy Fund Value is paid in case of the life insured's unfortunate death during the policy term.
Assured Option: Sum Assured is payable on the death of the life insured, and the policy continues till maturity. Future premiums are paid by the insurer from the Policy Fund Value.
The benefits of Aditya Birla Wealth Aspire Plan are:
Death Benefit
Classic Option
Lump Sum for Nominee: At the time of unfortunate death, your nominee receives either the current fund value or the original sum assured, whichever is higher.
Minimum Payout: The death benefit will always be at least 10 times your annual premium, or 105% of total premiums paid.
Partial Withdrawal Adjustment: Any withdrawals made in the last two years might reduce the payout, but it will still be higher than the minimum.
Assured Option
Immediate Payout: Your nominee immediately receives the chosen Sum Assured.
Policy Continues for Nominee: Even after the death benefit is paid, the policy continues for the nominee, and the company pays future premiums.
Fund Remains Invested: The policy fund stays invested, and maturity benefits will be paid to the nominee later.
Maturity Benefit
Fund Value at End of Term: When the policy matures, you receive your total collected fund value (Basic Fund Value + Top-Up Fund Value).
Surrender Benefit
Access Funds in Emergency: At the time of an emergency, you can surrender your policy anytime to access your funds.
Policy Proceeds: For the Classic Option, if the policyholder and insured are different, the policyholder receives the money. For the Assured Option, the nominee receives the money.
Guaranteed Additions
Yearly Fund Boosts: Your policy gets extra units added to your fund value every year from the 6th (or 11th) anniversary, based on its average value, with higher premiums earning more.
Five-Year Premium Bonus: Every five years from the 10th anniversary, you receive an extra bonus as a percentage of the premiums you've paid in the last five years.
What is the Eligibility for Aditya Birla Wealth Aspire Plan?
Criteria
Classic Option
Assured Option
Entry Age
Minimum – 30 days Maximum – For 5 Pay: 50 years For 6 Pay & 7 Pay: 55 years For 8 Pay & above: 65 years
Minimum - 18 years Maximum - For 5 to 8 Pay: 45 years For 9 Pay & above: 50 years
Maturity Age
For 5 to 7 Pay: 18 to 70 years For 8 Pay and above: 18 to 75 years
28 to 60 years
Policy Term
Minimum – 10 years Maximum – 40 years
Premium Paying Term (PPT)
5 to 40 years
Minimum Basic Premium
₹40000 for annual mode ₹45000 for semi-annual mode ₹50000 for quarterly and monthly mode ₹500,000 p.a. if the age at entry is between 61 to 65 years, both inclusive.
Minimum Sum Assured
₹4,00,000
Top-up Premium
Minimum ₹5,000
What are the Features of Aditya Birla Wealth Aspire Plan?
Managing ULIP Plans effectively involves understanding their structure, benefits, and features to make informed decisions. Here are the key features of this Aditya Birla ULIP Plan:
Flexibility in premium payments: Choose to pay your premiums monthly, quarterly, half-yearly, or yearly.
Investment choice: Select from 4 investment options (equity, debt, hybrid, and balanced) to suit your risk appetite and financial goals.
Partial withdrawals: Access up to 20% of the fund value per year to meet unforeseen needs.
Top-up Facility: Increase your savings by adding top-ups whenever you have surplus funds.
Aditya Birla Wealth Aspire Plan Investment Options
Decide where your money goes:
Smart Option: Automatically adjusts your investment mix based on age and risk profile.
Systematic Transfer Option: Gradually shifts investments from equity to debt as maturity nears.
Return Optimiser Option: Balances equity exposure with downside protection.
Self-Managed Option: Gives you full control over your investments.
Top-up Premiums: You can invest extra anytime (except the last 5 policy years) with a minimum of Rs. 5,000. This adds to your Sum Assured and Fund Value.
Basic Fund Value: Represents the value of your basic premium investments.
Top-up Fund Value: Represents the value of your additional top-up investments.
Policy Fund Value: Combines both Basic and Top-up Fund Values, reflecting your total investment value.
Riders Available Under the Aditya Birla Wealth Aspire Plan
The Aditya Birla Wealth Aspire Plan allows you to enhance your basic coverage by attaching optional riders at an additional cost.
ABSLI Accidental Death Benefit Rider Plus (UIN: 109A024V01): Provides additional protection in case of death.
ABSLI Waiver of Premium Rider (UIN: 109A039V01): Waives future premiums in case of permanent disability due to illness, accident, critical illness, or death.
ABSLI Comprehensive Critical Illness Rider: In case of specific critical illness, you receive a lump sum payment. This rider offers different variants covering 10, 25, or 64 critical illnesses.
Exclusion Under the Plan
If the insured individual passes away by suicide within 12 months from the policy's start or revival, the nominee or beneficiary is entitled to the Policy fund value as of the date of death notification. Additionally, any charges, excluding Fund Management Charges (FMC), incurred after the date of death will be included back into the Policy fund value as of the date of death notification.
Additional Details of the Plan
Additional details about the Aditya Birla Wealth Aspire Plan:
Policy Discontinuance: A grace period of 30 days (15 days for monthly premium payments) to pay due premiums, ensuring continuity of benefits with charges deduction.
Free-look Period:
Right to return policy within 15 days (30 days for distance marketing policies) if unsatisfied with terms.
Refund includes Policy fund value, non-allocated premiums, and cancellation charges.
Refund amount reduced by proportionate risk premium, medical exam expenses, and stamp duty charges.
Current Tax Benefits:
Tax benefits under Section 80C and Section 10(10D) of the Income Tax Act, 1961, subject to fulfilment of conditions.
Policy proceeds are subject to TDS under Section 194DA if conditions under Section 10(10D) are not met.
Loans: Policy loans are not permitted under this plan.
Liquidity: The first five years in the plan do not offer any form of liquidity of funds.
Conclusion
The ABSLI Wealth Aspire Plan presents a comprehensive solution for individuals seeking to secure their financial future while maximising investment opportunities. By empowering policyholders to navigate market fluctuations while safeguarding against uncertainties, the ABSLI Wealth Aspire Plan is a reliable instrument for long-term wealth accumulation and protection. A long-term approach helps identify the best SIP investment.
The surrender value of a ULIP is the value of moneyreceived by an investor if they decide to terminate the ULIP
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*All savings are provided by the insurer as per the IRDAI approved insurance
plan. Standard T&C Apply Tax benefit is subject to changes in tax laws
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
