What is the Aditya Birla 50 Lakh Term Insurance Plan?
The Aditya Birla 50 Lakh Term Insurance Plan offers financial security for your loved ones in the event of your untimely demise. Hence, a 50 Lakh term plan offered by Aditya Birla Sun Life Insurance helps by offering a lump sum death benefit of Rs. 50 Lakh so that you can make sure your loved ones have a financially protected future.
Why Buy Term Insurance from Aditya Birla Life Insurance?
You should buy Term Insurance from Aditya Birla Life Insurance because of these reasons:
Aditya Birla Life Insurance Highlights |
Aditya Birla Life Insurance Claim Settlement Ratio (CSR) |
98.10% (FY 2023-24) |
Aditya Birla Life Insurance Solvency Ratio |
1.78 (FY 2023-24) |
Aditya Birla Life Insurance Riders |
Accidental Death and Disability Rider, Critical Illness Rider, Surgical Care Rider, Hospital Care Rider, Accidental Death Benefit Rider Plus, Waiver Of Premium Rider |
What are the Benefits of Buying Aditya Birla 50 Lakh Term Insurance?
Here are some of the key benefits of buying the Aditya Birla Term Insurance plan for 50 Lakh life cover:
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Budget-Friendly Coverage: The 50 Lakh term insurance plan by Aditya Birla Sun Life Insurance is affordable, providing basic term plan benefits at lower premiums, starting at Rs. 392/month.
*Note: Result for 18-year old male buying Aditya Birla 50 Lakh term plan for a policy term of 20 years.
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Added Protection: Includes additional benefits through riders, offering protection for risks like terminal illness benefit, critical illness benefit, accidental death benefit, and waiver of premium benefit.
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Financial Support for Your Family: Offers Rs. 50 Lakh as term insurance payout to pay off existing loans/debts/mortgages, and cover day-to-day expenses if you unexpectedly pass away.
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Easy Online Purchase: Buy term plan from Aditya Birla Sun Life Insurance easily through Policybazaar without visiting a branch.
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Flexible Payouts: Receive the death benefit as a lump sum or monthly payments.
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Tax Benefits: Claim tax advantages under sections 80C and 10(10D) of the Income Tax Act, 1961.
*Note: You can use the term insurance calculator for estimating your term insurance premium. You can also use the HLV Calculator to find out the most suitable life cover for your family’s security.
Aditya Birla 50 Lakh Term Insurance Plan – Aditya Birla DigiShield Plan
The Aditya Birla 50 Lakh Term Insurance that you can easily buy online from Policybazaar is Aditya Birla DigiShield Plan.
The Aditya Birla DigiShield Plan offers comprehensive financial protection for your family in the event of your untimely demise while the policy is still active. The plan is designed to allow you to choose from a range of premium payment options that fit your preferences. Additionally, this term plan provides the opportunity to enhance your coverage with multiple riders, such as accidental death benefit, critical illness benefit, and terminal illness benefit. This flexibility and customization ensure that you can tailor the policy to meet your family’s specific needs, providing peace of mind and robust financial support in challenging times.
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Features of Aditya Birla 50 Lakh Term Insurance Plan
Here are some reasons why you should consider buying the Aditya Birla DigiShield Plan:
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Get comprehensive life cover for yourself and your family with this life insurance plan.
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Increase coverage for major life events like marriage or having children.
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Includes terminal illness benefit if diagnosed during the policy term.
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Flexible premium payments to fit your budget.
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Various rider options to enhance your coverage.
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Claim tax benefits under sections 80C and 10(10D) of the Income Tax Act.
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Eligibility Criteria of Aditya Birla DigiShield Plan
The eligibility conditions to buy Aditya Birla DigiShield Plan are as follows:
Criteria |
Minimum |
Maximum |
Entry Age |
18 years |
65 years |
Maturity Age |
85 years |
Policy Term |
10 years |
55 years |
Sum Assured |
50 Lacs |
No Limit |
Premium Payment Terms |
Regular and Limited Pay |
Premium Payment Modes |
Monthly, Quarterly, Half-yearly, and Yearly |
How to Buy Aditya Birla 50 Lakh Term Insurance from Policybazaar?
Here are the steps to buy a 50 Lakh term insurance plan from Policybazaar:
Step 1: Visit Policybazaar’s official website.
Step 2: Click on ‘Term Insurance.’
Step 3: Enter your name, DOB, and contact number.
Step 4: Click on ‘View Plans.’
Step 5: Answer questions about smoking, income, occupation, and education.
*Choose 50 Lakh as your life cover
Step 6: Select the Aditya Birla Term Insurance plan from the available options.
Step 7: Complete the purchase by paying with your preferred method.
How Can You Contact Policybazaar To Buy Term Insurance Plan?
You can contact the below mentioned helpline numbers:
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To Buy New Term/Life Insurance Plan: Call 1800-208-8787.
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To Seek Help with Existing Booking: Call 1800-258-5970.
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For Claim Assistance: Call 1800-258-5881 or manage claims via 'My Account' on the Policybazaar website. You can also download the app for quick support and to manage insurance queries.
*Note: Contact Policybazaar Insurance Advisor for any insurance-related help/guidance or to clear doubts/confusion.