• BSLI Vision Regular Returns Plan

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    Plan Benefits

    Payment Options

    Policy Coverage

    Customer Service

    The BSLI Vision Regular Returns Plan is a traditional participating endowment plan that aims to help customers plan their future better to realise their dreams and achieve financial goals through an affordable life insurance and savings plan. The BSLI plan pays survival benefits from 5th year onwards and offers a great combination of savings, financial protection and liquidity to policyholders and their families.

    Eligibility Conditions of BSLI Vision Regular Returns Plan

    Entry Age

    • Minimum – 13 years
    • Maximum – 45 Years

    Maturity Age

    Maximum – 65 years

    Sum Assured

    • Minimum – Rs.2 lakhs

    Key Features of BSLI Vision Regular Returns Plan

    Type

    Traditional Participating Endowment Plan

    Coverage

    Death Benefit – In the unfortunate event of death during the policy term, the beneficiary will receive Sum Assured plus accrued bonuses till date.

    Survival Benefit – From 5th policy anniversary onwards, a Guaranteed Survival benefit will be paid out as (for every 1000 of Sum Assured):

    • Year 1-4 – Nil

    • Year 5 – 15.6250
    • Year 6 – 18.9584
    • Year 7 – 22.5298
    • Year 8 – 26.3760
    • Year 9 – 30.5436
    • Year 10 – 35.0881
    • Year 11 – 40.0881
    • Year 12 – 45.6436
    • Year 13 – 51.8936
    • Year 14 – 59.0365
    • Year 15 – 67.3698
    • Year 16 – 77.3698
    • Year 17 – 89.8698
    • Year 18 – 106.5365
    • Year 19 – 131.5365
    • Year 20 – 181.5365

    Maturity Benefit – Accrued bonuses minus non-guaranteed survival benefits already paid

    Reduced Paid-Up Benefits – Plan continues on a Reduced Paid-Up basis if premiums have been paid for at least 3 full year. This includes Survival Benefit equal to guaranteed and non-guaranteed yearly benefits, reduced death benefits till the event of maturity or death.

    Basis

    Individual

    Policy term

    20 years

    Premium paying term

    Same as policy term

    Premium payment frequency

    Annual – for all ages

    Half yearly, quarterly and monthly – applicants not more than 40 years of age

    Payout period

    5th policy anniversary to maturity (yearly Guaranteed Survival Benefit)

    Renewability

    Relapsed policies may be reinstated to full coverage within 2 years from due date of first unpaid premium by paying all outstanding premiums as well as interests declared by the insurer from time to time.

    Loans

    Available after payment of premiums for 3 full years. Minimum loan amount is Rs.5,000 and maximum is 85% of policy surrender value (value after 3 full years of premium payment)

    Grace period

    • 30 days (15 days for monthly plan)
    • If premiums not paid for 3 full years, all benefits will cease immediately
    • If premiums paid for 3 full years, policy continues on Reduced Paid-Up basis

    Free Look Period

    15 days free look period is offered wherein a policyholder may return the policy if he/she is not agreeable to terms and conditions of the plan. Refund of premium will be processed after adjustments for stamp duty, medical examination and proportionate risk premium for period covered.



    Advantages of BSLI Vision Regular Returns Plan

    Tax Benefits

    Tax benefits are available under Section 80C, Section 80D and Section 10 (10D) of the Income Tax Act, 1961. You should consult your tax advisor for more details.

    Assured income

    Guaranteed Survival benefits from 5th policy anniversary onwards

    Non-guaranteed benefits

    Non-Guaranteed Survival Benefits of up to 6.5% of accrued interests per year

    Premium rebate

    Yearly and half yearly premium carry rebates of 1.5% and 3% respectively.

    Sum Assured Rebate

    • 1.50% if Sum Assured from Rs.4 lakhs to less than Rs.6 lakhs
    • 2.10% if Sum Assured from Rs.6 lakhs to less than Rs.8 lakhs
    • 2.50% if Sum Assured from Rs.8 lakhs onward

    Riders

    Ability to add riders as per individual preferences

    How Does The Plan Work?

    Let’s say you are a 35 year old male opting for a policy term of 20 years with yearly premium payment and Sum Assured of Rs.2.5 lakhs. Your annual premium amount is Rs.16,442.

    Policy year end

    Premiums paid (Rs)

    Guaranteed benefit (Rs)

     

    Total death benefit (Rs)

     

    Total survival benefit (Rs)

     
       

    Death

    Survival

    4% p.a.

    8% p.a.

    4% p.a.

    8% p.a.

    1

    16,442

    2.5 lakhs

    0

    2,54,125

    2,57,250

    0

    0

    2

    32,884

    2.5 lakhs

    0

    2,58,318

    2,64,710

    0

    0

    3

    49,326

    2.5 lakhs

    0

    2,62,580

    2,72,387

    0

    0

    4

    65,768

    2.5 lakhs

    0

    2,66,913

    2,80,286

    0

    0

    5

    82,210

    2.5 lakhs

    3,906

    2,71,317

    2,88,414

    5,239

    6,307

    6

    98,652

    2.5 lakhs

    4,740

    2,75,794

    2,96,778

    6,352

    7,663

    7

    1,15,094

    2.5 lakhs

    5,632

    2,80,344

    3,05,385

    7,529

    9,094

    8

    1,31,536

    2.5 lakhs

    6,594

    2,84,970

    3,14,241

    8,780

    10,609

    9

    1,47,978

    2.5 lakhs

    7,636

    2,89,672

    3,23,354

    10,115

    12,220

    10

    1,64,420

    2.5 lakhs

    8,772

    2,94,452

    3,32,731

    11,550

    13,943

    15

    2,46,630

    2.5 lakhs

    16,842

    3,19,559

    3,83,858

    21,190

    25,209

    20

    3,28,840

    2.5 lakhs

    45,384

    3,46,807

    4,42,841

    90,619

    1,39,784

    Riders

    • BSLI Accidental Death and Disability Rider: This rider provides additional cover in the unfortunate case of accidental death or disability of policyholder during policy term up to Rs.50 lakhs for untimely demise due to accident and fixed percentage of Sum Assured as per type of injury resulting in disability.
    • BSLI Critical Illness Rider: This rider offers cover for specific critical illnesses including heart attack, stroke, major organ transplant and cancer.
    • BSLI Surgical Care Rider: A lumpsum amount is provided in case the policyholder is hospitalized for the purpose of undergoing surgery.
    • BSLI Hospital Care Rider: Daily cash benefit will be provided if the policyholder is hospitalized for treatment. Enhanced daily cash benefit will be provided in case the policyholder is admitted to Intensive Care Unit. Lumpsum is paid if hospitalization extends for more than 7 days.
    • BSLI Waiver of Premium Rider: If policyholder is incapable of paying future premiums due to critical illness, disability or untimely demise, the insurer will pay the premium for the remaining policy term.

    This Insurance Company has not partnered with BankBazaar.com. For more details, please visit its website/branch office. The trademarks, logos and other subject matters of intellectual property belong to their respective owners.

    GST of 18% is applicable on life insurance effective from the 1st of July, 2017

    BSLI Vision Regular Returns Plan Reviews

  • Page 1 of 17 1 2 3 4 5
    • Birla Sun Life Insurance
      "Best policy"
      0.5 4.5/5 "Excellent!"
      I had taken a Life insurance from Birla sun life insurance . It has good benefits with accidental coverage and critical illness coverage with normal premium amount . The policy coverage is 60 years with tenure period of 20 years . I pay the payment annually through on-line banking through NEFT.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 19, 2018
    • Birla Sun Life Insurance
      "Good Service"
      0.5 4.0/5 "Great!"
      I've a Life insurance policy with the Birla Sunlife, I never faced any issues with their services. The premium is auto debited from my account via ECS and overall it is a good policy to have. I'll have to wait and see whether they adhere to their promises in future.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 21, 2018
    • Birla Sun Life Insurance
      "Good Service"
      0.5 4.0/5 "Great!"
      I've two life insurance polcies with the Birla Sun Life. I make a payment of 10200 per month, the premium gets auto debited from the account via ECS which is more convenient for me. Their customer support is also good.
      Was this review helpful? 0
      , bangalore
      Reviewed on May 21, 2018
    • Birla Sun Life Insurance
      "Good Policy"
      0.5 4.0/5 "Great!"
      I am having a life insurance policy with Birla Sun life from last 3 years and it is a long term plus money back policy. The tenure of this life insurance policy is 30 years and the money back gets accumulated in the account. I pay my premium once in a year and i am convenient with the payment options. I am also happy with the coverage and returns of this policy.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 13, 2018
    • Birla Sun Life Insurance
      "good policy"
      0.5 5.0/5 "Blown Away!"
      I had applied and got a Life insurance policy from Aditya Birla Group companies "BIRLA SUN LIFE INSURANCE". I can prefer on line payments type to renew my life insurance policy with in due time. The customer service is good and well responsive. The premium amount is affordable by comparing to other premiums.
      Was this review helpful? 0
      , kolkata
      Reviewed on Feb 28, 2018
    • Birla Sun Life Insurance
      "Good policy to use"
      0.5 5.0/5 "Blown Away!"
      I am having a life insurance policy with Birla Sun life from last 13 years and it is a long term policy. The tenure of this life insurance policy is 30 years. I pay my premium on annual basis through ECS and i am convenient with the payment options which they are giving. I am happy with the coverage and benefits of this policy.
      Was this review helpful? 0
      , panipat
      Reviewed on Feb 12, 2018
    • Birla Sun Life Insurance
      "Good policy to use"
      0.5 4.0/5 "Great!"
      I am having a life insurance policy with Birla Sun Life insurance from last 5-7 years and it is a good insurance policy to use. This is a long term policy and the tenure of this policy is 15 years. My premium amount gets auto deducted every month through ECS. The coverage is good and the benefits of this policy is up to the mark.
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Feb 01, 2018
    • Birla Sun Life Insurance
      "Good"
      0.5 5.0/5 "Blown Away!"
      I have taken 3 policies with Birla. I am using this service for 3 years. They offering good benefits and it was more stable. The online services are good and convenient. Those 3 policies are money back and the tenure period is 21 years. I pay the premium through net banking which was easy.
      Was this review helpful? 0
      , thane
      Reviewed on Jan 25, 2018
    • Birla Sun Life Insurance
      "Good policy to use"
      0.5 5.0/5 "Blown Away!"
      I have a life insurance policy with Aditya Birla from last 5 years and it is a very good policy to use. The validity of this life insurance policy is lifetime. I pay a premium of Rs 12000 on annual basis and i am convenient with the payment options. The coverage and benefits are also good in this policy.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jan 12, 2018
    • Birla Sun Life Insurance
      "Average policy to use"
      0.5 3.0/5 "Satisfactory"
      I have a life insurance policy with Birla sun life from last 4 years and it is a long term policy. The tenure of this life insurance policy is 21 years and i pay my premium once in 3 months through online and the payment options are convenient for me. I have a coverage amount of Rs 6.5 lakhs and the returns are not good in this policy.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Dec 12, 2017
    • Birla Sun Life Insurance
      "Good policy"
      0.5 4.0/5 "Great!"
      The Birla Sun life has offered me the Life insurance policy and their customer support is not up to the mark. The customer support will not even give any response and they are very rude to the customers and I got the endowment plan with the Birla sun life around 4months ago, I pay the premium of Rs,7500 every 3 months once.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 11, 2017
    • Birla Sun Life Insurance
      "Good "
      0.5 4.0/5 "Great!"
      I am having the life insurance policy with the Birla sun life insurance company. I would like to say that the customer service is good one for me and the plan benefits are really fine . I am happy with the Birla sun life insurance company.......
      Was this review helpful? 0
      , bangalore
      Reviewed on Dec 11, 2017
    • Birla Sun Life Insurance
      "Good return"
      0.5 4.0/5 "Great!"
      I have taken a Child Plan with Aditya Birla. The maturity period of the Insurance is 15 years. I have been making the payment Half Yearly basis. Their Customer service is handled by a third party vendor, who are doing absolutely good job. The overall experience with them has been good.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 01, 2017
    • Birla Sun Life Insurance
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My life Insurance was with BIRLA . The tenure period was 14 years and premium paid on yearly basis. They are providing door step service for collecting cheques and Its a tax benefit. MY Overall experience was excellent and I would like to recommend to others.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 15, 2017
    • Birla Sun Life Insurance
      "Best policy to use"
      0.5 5.0/5 "Blown Away!"
      I hold a life insurance policy with Aditya birla and it is a long term policy. The tenure of this life insurance policy is 20 years. I pay my premium on annual basis through credit card and i am also convenient with the payment options which they are providing. Their online system is also good, i am also fine with the coverage and benefits in this policy.
      Was this review helpful? 0
      , ludhiana
      Reviewed on Nov 11, 2017
    • Birla Sun Life Insurance
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I am using the Life Insurance policy with Birla sun life and it is a pension plan policy. This policy has the term of 58 years. I pay the premium of Rs,1000 every month. I pay the premium through my savings account, It is getting auto deducted from my savings account. The plan benefits and the policy coverage is good with this policy.
      Was this review helpful? 0
      , noida
      Reviewed on Nov 10, 2017
    • Birla Sun Life Insurance
      "Firm believer in Life insurance"
      0.5 3.0/5 "Satisfactory"
      I am firm believer of the Life Insurance, accordingly I have couple of them maintained. This is one of the Insurance that I am so confident about. I pay around Rs.17000 as the yearly installment and would be paying for about 10 years. The overall experience with them has great. They provide you with good amount details required for somebody to know.
      Was this review helpful? 0
      , motihari
      Reviewed on Nov 07, 2017
    • Birla Sun Life Insurance
      "Average"
      0.5 3.0/5 "Satisfactory"
      I am having the life insurance policy with the Aditya Birla life insurance company and I been with them from the last ten years of time. Initially the services were really good but now its not really up to the mark with them.
      Was this review helpful? 0
      , kanchipuram
      Reviewed on Nov 04, 2017
    • Birla Sun Life Insurance
      "Good Policy to hold"
      0.5 4.5/5 "Excellent!"
      I have a Life Insurance policy with BIRLA SUN LIFE INSURANCE. This life insurance is paid by my company which is also BIRLA SUN LIFE INSURANCE. It covers only me and this will be given to my nominee and the total life coverage amount is 50 lakhs rupees.
      Was this review helpful? 0
      , guntur
      Reviewed on Oct 31, 2017
    • Birla Sun Life Insurance
      "Good policy to use"
      0.5 4.0/5 "Great!"
      I got Birla sun life insurance policy on 2013. The customer support is good with Birla sun life. This policy has the tenure of 10 years. The plan benefits and the coverage are good with this policy. I pay the premium of Rs,30,000 every year towards this policy.
      Was this review helpful? 0
      , bangalore
      Reviewed on Oct 30, 2017
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