Established in 2000, Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the
Aditya Birla Group, a well known and trusted name globally amongst Indian conglomerates and Sun Life
Financial Inc, leading international financial services organization from Canada. The local knowledge
of the Aditya Birla Group combined with the domain expertise of Sun Life Financial Inc., offers a
formidable protection for its customers' future.
With an experience of over 10 years, BSLI has contributed significantly to the growth and
development
of the life insurance industry in India and currently ranks amongst the top 7 private life insurance
companies in the country.
Known for its innovation and creating industry benchmarks, BSLI has several firsts to its credit.It was
the first Indian Insurance Company to introduce "Free Look Period" and the same was made mandatory by
IRDA for all other life insurance companies. Additionally, BSLI pioneered the launch of Unit Linked
Life Insurance plans amongst the private players in India. To establish credibility and further
transparency, BSLI also enjoys the prestige to be the originator of practice to disclose portfolio on
monthly basis. These category development initiatives have helped BSLI be closer to its policy holders
expectations, which gets further accentuated by the complete bouquet of insurance products (viz. pure
term plan, life stage products, health plan and retirement plan) that the company offers.
Vision
To be a leader and role model in a broad based and integrated financial services business.
Values
Integrity
Commitment
Passion
Seamlessness
Speed
Financial and its partners have operations in key markets worldwide, including Canada, the United
States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China,
Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2014, the Sun Life Financial
group of companies had total assets under management of $684 billion.
Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock
exchanges under the ticker symbol SLF.
Our People
Mr. Ajay Srinivasan; Non Executive Director
Awards
Year
Awarded From
Title
2011
2011
Internet Advertising
Competition
(IAC)Awards 2011
2011
Advertising Agencies
Association of India &
Advertising Club
Bombay
2011
Advertising Agencies
Association of India &
Advertising Club
Bombay
2011
Advertising Agencies
Association of India &
Advertising Club
Bombay
Best use of Outdoor & Ambient media Awards at Goa Fest 2011 Direct marketing Flat Mail
2011
BBC.com-Campaign
India Digital Media
Awards 2011
2010
2010
2009
Institute of Chartered
Accountants of India
(ICAI)
2009
Smoker
Level
14,590
20,070
27,530
11,390
14,890
20,080
10,630
13,670
18,260
Increasing @ 5%
16,470
27,620
45,090
12,540
19,600
31,430
11,720
17,790
28,160
Increasing @ 10%
18,590
35,370
62,780
13,900
24,620
42,880
12,810
22,150
38,270
Non-Smoker
Preferred Non-Smoker
Key Advantages:
Quick view
Entry Age
18 to 65 years of age
Policy Term
Regular Pay
Premium Mode
Sum Assured
Premium
BSLI Future Guard Plan provides complete financial freedom even when you're not around, so
that your loved ones live comfortably. This plan is ideal for you if you want an economical way of
providing for life insurance cover and would like to protect your family in the unfortunate event of
you not being around, yet receive all your premiums back on maturity. So you can enjoy life
knowing that your family's future is secured and guaranteed even in your absence and your
premiums are yours on your survival.
Step 1
Step 2
Step 3
Band 1
Band 2
Band 3
500,000 to 999,999
1,000,000 to 2,499,999
2,500,000 +
Premium Details
Your premium will depend upon age, gender, plan type, policy term and the sum assured chosen by
you. Choose premium payment mode as per your convenience. Your annual premium will be
multiplied by:
Indicative Premium rates per 1,000 Sum Assured for 30 year old male as per policy term
Age (in years)
15
20
255
30
Plan A
15.76
13.53
11.77
10.65
10.15
Plan B
25.42
24.11
19.20
15.52
13.61
ELIGIBILITY
Entry Age
18 65 years of age
Policy Term
Regular Pay
:
Premium Mode
Sum Assured
Insurance presents Easy Protect Plan, a traditional term insurance plan which offers you flexible
cover options that include increasing as well as constant term assurance. Secure your family
financially with convenience and at an affordable cost.
How does the plan work?
Step 1
Choose your sum assured and plan option (Level term/ Increasing term)
Step 2
Step 3
Level Term Assurance - Your sum assured will remain constant for the entire policy term.
Increasing Term Assurance - Every year, your sum assured will increase by 5% or 10% of
the original sum assured without any increase in your premium amount.
30
50 lakhs
31
55 lakhs
32
60 lakhs
33
65 lakhs
34
70 lakhs
35
75 lakhs
Quick View :
Entry Age
18 55 years of age
Policy Option
Policy Term
Premium Mode
Sum Assured
Regular | Single
:
Key Features:
Income Tax benefits as per prevailing norms under the Income Tax Act, 1961
As your child grows up and looks for success in this fast paced world, he will always look to you for
support and inspiration. He may want to discover his true passion and explore unconventional
career options. He might want to try new things until he is sure about this career path. You will
need to keep pace with his changing goals, you will need a plan that gives your child the
confidence to pursue and discover his/her real passion. Presenting, BSLI Vision Star Plan, so
that you can ensure that your child doesn't miss out on opportunities due to insufficient funds.
An illustration for you:
If at the age of 32, when your child is just born, you start investing a fraction of your income
Rs.5,000 monthly, for a period of 12 years. It will strengthen your child's wings when he is ready to
take flight towards a better tomorrow. He will receive payouts for his significant milestones:
At the age of 17 years & 19 years, when your child's dreams are finally taking shape. You
can get an amount of approx Rs. 1.75 Lakhs
At the age of 21 years, you get an amount of approx Rs. 2.5 Lakhs to support him as he
goes after his dreams.
And finally on your child turning 23, you get an amount of approx Rs. 12 Lakhs to give him
the right platform as he takes off in his career.
All this while, you have the flexibility to get the benefits of your payouts as per your child's need,
and deferring the payouts if required. During this time,if something happens to you, the policy
continues in your absence and your child receives the amount he is eligible for, at the time of
payouts as decided by you. Thus, you can relax with the surety that your child will never have to
compromise on his dreams. Note: Illustration is assuming 8% return and in Option A as mentioned
below. .
Quick View
Entry Age (age on last birthday)
18 55 years
75 years
5 -12 years
Rs. 100,000
Premium Frequency
Retirement, the time of life we all look forward to; when the worries of working life cease and a life
of fun and bliss begins. Each one of us wishes to be empowered enough for a retired life of our
choice; to be able to fulfill our dreams, relax, pursue hobbies that we could not during our working
lives.
In this policy, investment risk in investment portfolio is borne by the policyholder.
Retirement is the time of life when the worries of working life cease and a life of fun and bliss
begins. Each one of us wishes to be empowered enough for a retired life of our choice; to be able to
fulfill our dreams, relax, pursue hobbies that we could not during our working lives.
Presenting the BSLI Empower Pension Plan, a plan designed especially to ensure that you remain in
control of your destiny even during the second innings of life. A unit linked, non-participating
pension plan it is simple, hassle-free and helps you to focus on your goals and enhance your savings
for your future ensuring it is free from worries.
Plan Summary
Entry Age (age on last birthday)
25 70 years
Accumulation Period
Pay Term
Regular pay
Basic Premium
Minimum
Minimum
Minimum
Minimum
Rs.
Rs.
Rs.
Rs.
18,000
24,000
30,000
36,000
p.a.
p.a.
p.a.
p.a.
if
if
if
if
paid annually
paid semi-annually,
paid quarterly; or
monthly
You choose the policy premium amount you wish to pay every year till the vesting date. You can pay
in monthly, quarterly, semi-annual or annual installments.
Please ask your financial advisor for details about the range of convenient payment methods we
offer.
Step
2
Step
3
You choose your risk profile based on your risk appetite Aggressive | Moderate | Conservative.
Once chosen, the risk profile cannot be changed.
Your Guaranteed Vesting Benefit is automatically determined based on the above choices.
5% of the Sum Assured guaranteed plus bonus every year after premium paying term.
Comprehensive financial protection for your family with whole life covers to age 100.
Premium rebates on high Sum Assured, Annual & Semi Annual modes of payment and ECS
method of payment.
Access to suitable Rider options for added protection, at a nominal extra cost.
Tax benefits under Section 80C, 80D and Section 10(10D) of the Income Tax Act, 1961.
Step
1
Step
2
Step
3
Step
4
Your premium will depend on the amount of the Sum Assured you select.
Plan Summary
Entry Age (age on last birthday)
Policy Term
10 40 years
Rs. 100,000
Minimum Premium
Rs. 7,000
Premium Frequency
In case of Ketan's untimely demise, the total Death Benefit his family can expect will be Rs.
4,80,000.
If he chooses the Death Benefit Option B, the premium he has to pay is Rs. 18,131. The total
Maturity Benefit is Rs. 411,308 at the end of a 20 year term at 8% p.a. He can also expect
Guaranteed Maturity Benefit of Rs. 1,81,308 (Option B) at the end of the policy term. The total
Death Benefit his family can expect will be Rs. 6,05,000 for Option B at 8% p.a.
Note: The rates mentioned above are bound to change in the future. For more details on Death
Benefit
options,
please
refer
to
the
product
brochure.
Please contact the company for final rates applicable to you at the time of purchase.
Step
1
Step
2
Step
3
Step
4
Your premium will depend on the amount of the Sum Assured you select.
Plan Summary
Entry Age (age on last birthday)
Policy Term
10 40 years
Rs. 100,000
Minimum Premium
Rs. 7,000
Premium Frequency
Conclusion
We are a young and vibrant organization that takes pride in being one of the fastest growing private
Life Insurance companies in India. We take satisfaction that our employee group comprises of a set
of passionate professionals. As Birla Sun Life Insurance, we firmly acknowledge that our employees
are the primary architects of our success. Hence we provide opportunities that align individual
capabilities to roles and an environment that elicits the best from an employee. We provide a
platform for building your career with opportunities of growth.
Our philosophy on performance is - pay for performance. Our work culture is - while hard work is
fun; fun at work is not hard! While we have a formal work structure, the environment is open, and
we encourage dialogue to ensure work is smooth and fun.
In a recently conducted internal survey, we found that 89% of our employees rated the organisation
high on "equal opportunity". Irrespective of gender, nationality, religion etc. and we strongly would
like to continue to hold that rating higher. People from different cultures and background all juggled
together from Aditya Birla family.
If you are a self driven professional with the right attitude, we have the right opportunity for you.
Browse through our Job Openings and apply for a position that suits your profile; or feel free to
send us your resume and we will get in touch with you.
Bibliograpthy
Google.com
www.birlasunlife.com
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