How does my nominee claim the death benefit?

The nominee needs to submit a death certificate, policy documents, and any required forms to the insurer. After verification, the payout is processed.

How much coverage should I get?

A good rule of thumb is to have coverage that is 10-15 times your annual income, but the exact amount depends on factors like debts, living expenses, and future financial goals.

Can I increase my coverage later?

Some insurers allow policyholders to enhance coverage at key life stages (marriage, childbirth) through step-up options. Otherwise, a new policy may be needed.

Does Aditya Birla Sun Life Shield Plan cover critical illnesses?

Yes, the plan offers a Critical Illness Benefit Rider, covering 10 specified critical illnesses.

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Term Insurance

Aditya Birla Sun Life Shield Plan

Compare Aditya Birla Sun Life Shield Plan benefits, exclusions, ratings and related variants in one place.

1.78

Solvency

97.54

ICR

14.55

Growth

46,695.18

AUM

Policy Brochure

Get your term insurance quote

Gender

Date of Birth

Coverage amount

Annual income

Education level

Your occupation

Current Location

Smoker / Non Smoker

Yes

Get your term insurance quote

Gender

Date of Birth

Coverage amount

Annual income

Education level

Your occupation

Current Location

Smoker / Non Smoker

Yes

1.78

Solvency

97.54

ICR

14.55

Growth

46,695.18

AUM

Policy Brochure

About

About Aditya Birla Sun Life Shield Plan

The ABSLI Life Shield Plan is a customizable term insurance plan by Aditya Birla Sun Life Insurance, offering eight plan options with flexible premium payment terms. It provides coverage up to 85 years, a return of premium option, waiver of premium benefits, and additional riders like accidental death and critical illness cover. Policyholders can choose coverage terms from 10 to 55 years, ensuring financial security for their families. The plan also offers tax benefits as per prevailing laws.

About Company

About Aditya Birla SunLife Insurance

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)...

Testimonials

Aditya Birla SunLife Insurance Customer Testimonials

Customer feedback and experiences.

I want to sincerely thank Sunad for being there for me throughout the entire claim process. He helped me through so many ups and downs, always patient and ready to support when things got tough. I honestly don’t know how I would have managed without his guidance and encouragement. Sunad made a difficult situation feel a lot less stressful, and I’m truly grateful for his kindness and steadfast help.

Prashant Pandey

Had a great experience with them during a difficult time. After my mother’s accident, we had to pay the hospital bill upfront, as cashless wasn’t available. They guided us through the reimbursement process, helped file the claim, and consistently followed up with the insurer until it was settled. Their support with the post-hospitalization claim was equally prompt and thorough.

Jatin Gala

My heartfelt thanks to the OneAssure team for making my insurance claim process effortless. Right from the very first interaction, they demonstrated professionalism, clear communication, and an impressive command of the procedures involved. Their swift updates, timely guidance, and persistent follow-through removed all the stress from what could have been a complicated experience.

Anju Renjith

I am truly grateful for the support and guidance I received in settling my insurance claim. The entire process was handled with great professionalism, clarity, and efficiency. Their prompt response, deep knowledge of the procedures, and consistent follow-ups ensured a smooth and hassle-free experience.Thank you once again for your invaluable help, highly recommended!

Yogesh Meena

I recently had the pleasure of purchasing health insurance for my parents through this company, and my experience has been exceptional...The team was incredibly patient and took the time to explain every detail to me. No matter how many times I asked questions, they were always calm and thorough in their explanations. Their professionalism and dedication made a significant difference in helping me make an informed decision.

Akash Kumar

OneAssure helped me understand my needs and choose a product that was right for me. There was no pressure tactics or mis-selling. This experience was respectful, informed, and completely stress-free.

Shreya Goyal

Have been associated with Ruchir and his team… They have provided me excellent guidance in choosing the right plans for myself and my family…always been available to assist with any insurance/claim queries.

Nakul N

Had a great experience with OneAssure during my insurance claim process. A special shoutout to Sunad Raj for his exceptional support, he was professional, responsive, and guided me every step of the way. Thanks to his consistent follow-ups and clear guidance, the entire claim settlement was smooth and hassle-free. Highly recommend OneAssure for their service and transparency!

Sanjay Dakalia

The team is very professional and prompt. I would have all my health and life insurance needs met through them.

Harish Jindal

Very professional service from Ruchir & Aman. They were recommended by a friend who had a positive experience with them. I have taken both health and life policies through them and they have advised me well throughout the process and found the best options available in the market. I had a medical condition due to which it was difficult to find a suitable health policy in the market, however this team was able to find one for me. I would recommend their services to anyone looking to buy health or life insurance.

Siddhartha Saha

Wonderful experience with Prost. Right from suggesting the insurance products to claim process the entire experience hai been seamless. They do not mis-sell and are very transparent. Sundar Raj from the team has been wonderful and ensured prompt guidance. All the best Ruchir and keep up the good work!

Adarsh Ravindranathan

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Inclusions and Exclusions

Inclusions and Exclusions of Aditya Birla SunLife Insurance

Terminal Illness

If the policyholder is diagnosed with a terminal illness, 50% of the sum assured on death (up to ₹2.5 crore) is paid immediately.
Future premiums are waived off, and upon the policyholder's death, the remaining sum assured is reduced by the amount already paid.

Zero Cost Option

If the policyholder survives beyond the chosen policy term, the entire premium paid is refunded.
This option is applicable under specific plan options like Return of Premium (ROP) variants.

Total Permanent Disability Payout

If the policyholder suffers from Total and Permanent Disability, all future premiums are waived.
The death benefit remains unaffected, ensuring full coverage for beneficiaries.

Inflation Protection Coverage

Policyholders can choose to increase their sum assured by 5% or 10% annually to counteract inflation.
The increase applies every year without an increase in premium.

Premium Payment Customizations

Flexible payment options:
Single Pay – One-time premium payment.
Limited Pay – Pay premiums for 6, 8, or 10 years.
Regular Pay – Pay premiums throughout the policy term.
Policy term options range from 10 to 55 years, with coverage up to age 85.

Terminal Illness

If the policyholder is diagnosed with a terminal illness, 50% of the sum assured on death (up to ₹2.5 crore) is paid immediately.
Future premiums are waived off, and upon the policyholder's death, the remaining sum assured is reduced by the amount already paid.

Zero Cost Option

If the policyholder survives beyond the chosen policy term, the entire premium paid is refunded.
This option is applicable under specific plan options like Return of Premium (ROP) variants.

Total Permanent Disability Payout

If the policyholder suffers from Total and Permanent Disability, all future premiums are waived.
The death benefit remains unaffected, ensuring full coverage for beneficiaries.

Exclusions

Suicide within 12 months from the policy start or revival.
Death due to self-inflicted injuries or participation in hazardous activities.
Pre-existing medical conditions not disclosed at the time of application.
Drug or alcohol abuse-related deaths.
Involvement in criminal activities leading to death or disability.

Claim Process

Claim Settlement Process

Steps and flow followed by the insurer.

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How to Buy

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Things to Remember

Keep KYC documents and nominee details ready before purchase.

Renewal

Renewal steps and key points.

FAQs

Frequently Asked Questions

Got questions about health insurance? You’re not alone. Here are some of the most commonly asked questions to help you understand plans, coverage, claims, and benefits better.