aditya birla sun life insurance company limited

Health plans provide tax benefits under Section 80D of the Income Tax Act. Lump-sum benefits paid out from the policies are exempted from tax under Section 10 (10D) of the Income Tax Act. Tax benefits: Premium paid for most for the life insurance plans qualifies for tax deduction under Section 80C of the Income Tax Act.Customisation: Birla Sun Life insurance plans come with customisable features, additional optional riders to enhance the coverage depending on the risk-taking ability and need of an individual.Wealth creation: Be it for children’s education, marriage or for retirement life or for a dream vacation, Birla Sun Life plans help in building a corpus to achieve many long-term goals.Comprehensive protection: The plans provide financial protection to the family of the insured in the event of uncertainties and ensure their life goals are achieved without hassles.Following are the benefits of Birla Sun Life insurance plans – There are more than 13,000 employees working for the Aditya Birla Sun Life Insurance Companyīenefits of Birla Sun Life Insurance Plansīirla Sun Life offers a variety of insurance and investment products loaded with a variety of benefits and features.It has 340 branches, 6 distribution channels, 7 bancassurance partners and 70,000 + direct selling agents and brokers. ABSLI makes insurance accessible for people with its wide presence across the nation.

The company recorded a gross premium income of INR 49,214 million in the financial yeats 2021-22.

Assets under management of the company as in September 2021 stood at INR 5,71,182 million.

The company secured the first Frost & Sullivan Runners-Up award in the Customer Value Leadership category.

Aditya Birla Sun Life Insurance Company Limited boasts a strong customer base of over 18 lakh customers.

Important Facts about Aditya Birla Sun Life Insurance Companyįollowing are the important facts to note about the company – Product offerings include term plans, savings plans, child plans, retirement plans and health plans that can help people achieve their various life goals. Aditya Birla Sun Life Insurance Company is one of the leading private life insurers in India that offers a wide range of products to cater to the needs of various customer segments. ABSLI was started by coming together of Aditya Birla Group, Indian multinational conglomerate and Sun Life Financial Inc., a leading Canada based international financial services organisation. The company is a life insurance subsidiary of Aditya Birla Capital Limited.

Aditya Birla Sun Life Insurance Company Limited (ABSLI) which was formerly known as Birla Sun Life Insurance Company Limited was established in the year 2000.

Aditya birla sun life insurance company limited