As you achieve new heights of success over time, your lifestyle improves in step with your progress. So does the cost of living, thanks to a steady rise in inflation rates. You need a plan that ensures your loved ones enjoy the same lifestyle even under unforeseen circumstances. Birla Sun Life Insurance offers you the perfect protection solutions with BSLI Protector Plans. These are affordable plans that grow in step with your growing needs, thanks to an increasing Sum Assured year after year, at the same premium. The plans include BSLI Protector Plan and BSLI Protector Plus Plan.
As someone with a successful career, you are a pillar of strength for your family. However, you also need to provide for unforeseen circumstances with a powerful solution that meets different expectations and takes care of your family's financial security. BSLI Protector Plus Plan offers you the perfect protection solution, thanks to a higher Sum Assured as well as rewards for a healthy lifestyle.
Key Features :
Complete financial protection at an affordable cost Hedge against the rising cost of living with an option of increasing Sum Assured Enhanced insurance with appropriate rider options Rewards for a healthy lifestyle Income Tax benefits as per prevailing norms under the Income Tax Act, 1961
Plan Summary
Entry Age 18 to 65 years of age Sum Assured Option I - Level Sum Assured II - Increasing Sum Assured Policy Term 5 to 30 years, subject to max. age on maturity: 75 years Premium Paying Term Regular Pay Premium Mode Annual | Semi-annual | Quarterly | Monthly Sum Assured Min. Rs. 50,00,000 Max. no limit (subject to underwriting guidelines) Please ask your financial advisor or visit our website to determine the premium rate applicable for your policy.
Other Benefits :
Death Benefit: In case of the unfortunate demise of the life insured during the policy term, the Sum Assured as per chosen option will be paid to the nominee. The policy shall be terminated once the Death Benefit is paid.
Maturity Benefit: In the event the life insured survives to the end of the policy term, no benefit is payable on maturity and the policy shall be terminated thereafter.
This plan offer no policy loan, surrender value or paid-up value.
This plan offer the following Rider options, to enhance your financial security
For added protection, BSLI Protector Plan can be enhanced by the following riders for a nominal extra cost:
Critical Illness Rider (UIN: 109C019V01): On diagnosis of any of the four illnesses - Heart Attack, Cancer, Major Organ Transplant and Stroke, you will receive upto 100% of the Rider Sum Assured.
Accidental Death and Disability Rider (UIN: 109C018V01): In the event of death due to an accident, your nominee will receive the chosen Rider Sum Assured upto a maximum of Rs. 50,00,000. In the event of disability due to an accident, you will receive a fixed percentage of the Rider Sum Assured, depending on the type of injury.
Hospital Care Rider (UIN: 109C016V01): In the event that you are hospitalised for treatment, you will receive Daily Cash Benefit to take care of your expenses. In case you are treated in an Intensive Care Unit, you will receive an enhanced Daily Cash Benefit. To help you cover your recuperation expenses, you will be paid a lump sum amount, in case you are hospitalised for more than seven days for the same disease.
Surgical Care Rider (UIN: 109C015V01): In case you are hospitalised to undergo a surgery, you will be paid a lump sum amount to cover your expenses.
Waiver of Premium Rider (UIN: 109C017V01): In case life insured/policyholder is unable to pay the policy premiums due to a disability, critical illness or untimely demise, all future premiums of the base plan and the attached riders will be paid by BSLI and all policy benefits will continue..
