Birla sun life insurance policy surrender charges

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Self-Managed Option gives you access to our well-established suite of 16 segregated funds, complete control in how to invest your premium and full freedom to switch from one segregated fund to another. Premium/s net of premium allocation charges will be allocated in Liquid Plus Fund and thereafter on 15th of every month, 1/12th of initially allocated amount shall be automatically transferred to Super 20 Fund. Any top-up premiums paid are invested directly into the target fund.įor example, if person A aged 35 years, opts for Systematic Transfer Option with transfers on 15th of every month to Super 20: The transfers to your chosen segregated fund will take place monthly on 1st, 8th, 15th or 22nd of the month as selected by you. You may choose any one segregated fund out of Income Advantage, Enhancer, Creator, Maximiser, Multiplier, Super 20, Value & Momentum and MNC Capped Nifty Index and Asset Allocation for your premiums to be transferred to. Under the Systematic Transfer Option, your premium (net of premium allocation charge) shall be first allocated to Liquid Plus fund option and thereafter, monthly 1/12th of the allocated amount shall be transferred to a segregated fund of your choice.

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The Systematic Transfer Option safeguards your wealth against the market volatilities. ABSLI Pradhan Mantri Jeevan Jyoti Bima YojanaĪBSLI Group Bima Yojana Plan (Micro Insurance)

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