
Anmol Suraksha Kawach Plan
Aditya Birla SunLife Insurance
Our Verdict
ABSLI Anmol Suraksha Kawach is ideal for individuals seeking affordable, high life cover with essential rider benefits. While it ensures financial security, it lacks maturity benefits, making it a pure risk protection plan.
About the Plan
ABSLI Anmol Suraksha Kawach is a pure term insurance plan designed to provide high life cover at an affordable premium, ensuring financial security for your loved ones. This plan offers flexible policy terms and premium payment options to suit different financial needs. In case of the policyholder’s unfortunate demise during the policy term, the nominee receives the sum assured as a lump sum payout. With easy eligibility and a hassle-free application process, this plan is ideal for individuals seeking simple yet effective life protection.
About the Plan
Eligibility
• Entry Age :
18 to 65 years
• Maximum Maturity Age :
75 years
• Policy Term :
20 to 55 years
• Minimum Sum Assured :
₹25,00,000
• Premium Payment Term :
Regular Pay or Limited Pay (10 or 15 years)
• Premium Payment Frequency :
Yearly, Half-Yearly, or Monthly
• Citizenship :
Indian residents and NRIs (subject to underwriting)
Eligibility
Features of the Product
Premium Payment Customizations
The ABSLI Anmol Suraksha Kawach plan offers flexible Premium Payment Customizations, allowing policyholders to choose between Single Pay (one-time lump sum), Limited Pay (fixed years like 5, 10, or 15 years), or Regular Pay (throughout the policy term). Premiums can be paid yearly, half-yearly, or monthly.
Exclusions
Death due to suicide within the first 12 months of policy issuance or revival.
Injuries or death caused by participation in hazardous activities or extreme sports.
Death or disability resulting from war, terrorism, or civil unrest.
Pre-existing medical conditions not disclosed at the time of policy issuance.
Injuries or death due to substance abuse, alcohol, or drug overdose.
Death or disability caused by involvement in criminal activities or illegal acts.
Claims arising from self-inflicted injuries or intentional harm.
Exclusions
Accidental Death Benefit Rider - Provides an additional lump sum payout if the policyholder passes away due to an accident, ensuring extra financial security for the family.
Critical Illness Rider - Offers a lump sum benefit upon diagnosis of specified critical illnesses like cancer, heart attack, or stroke, helping cover medical expenses and income loss.
Total and Permanent Disability Rider - Pays a lump sum amount if the policyholder becomes permanently disabled due to an accident or illness, ensuring financial stability during difficult times.
Waiver of Premium Rider - In case of total disability or critical illness, all future premiums are waived while keeping the policy benefits intact.
Hospital Care Rider - Provides daily cash benefits for hospitalization due to illness or accident, helping manage medical expenses.
Surgical Care Rider - Offers financial support for specified surgeries, covering hospital and treatment costs, reducing the financial burden during recovery.
Add-ons

If you are a woman
The ABSLI Anmol Suraksha Kawach plan offers female benefits, including preferential premium rates for women, making coverage more affordable. Additionally, it may provide enhanced protection for female-specific critical illnesses like breast and cervical cancer, ensuring comprehensive financial security.
Note :
Suicide Clause : The ABSLI Anmol Suraksha Kawach plan includes a suicide clause, stating that if the policyholder dies by suicide within 12 months of policy inception, the nominee will receive 80% of the premiums paid.
Free look up period: The ABSLI Anmol Suraksha Kawach plan offers a free look-up period of 15 days (30 days for online or distance mode purchases). During this period, policyholders can review the terms and cancel the policy if unsatisfied, receiving a refund after deducting applicable charges.
Grace Period: The ABSLI Anmol Suraksha Kawach plan offers a grace period of 30 days for yearly and half-yearly premium payments and 15 days for monthly premium payments. During this period, policyholders can pay the missed premium without the policy lapsing.
Still Confused ?
Why OneAssure?
We guide your loved ones every step of the way to ensure they receive the full benefit of their coverage.
About the Company
ABSLI is a joint venture between Aditya Birla Capital and Canada based ‘Sun life financial Inc.’. Aditya Birla is the holding company of Aditya Birla group's financial services businesses, through its subsidiaries ABCL provides a comprehensive layout of financial solutions including loans, insurance, payments to cater the customers throughout their lifecycle.
Sun Life Financial Inc., commonly known as Sun Life, is a leading international financial services organization headquartered in Toronto, Canada. Established in 1865, the company offers a diverse range of products and services, including life insurance, health insurance, investment management, and retirement planning.
Aditya Birla Sun Life Insurance (ABSLI) offers a wide range of insurance plans designed to meet diverse financial goals, including protection, savings, wealth creation, retirement planning, and child education.