However, the cover will only start increasing from the second year of buying the term insurance policy. In this plan, you can grow your sum assured by 5% or 10% each year, until the end of the policy term. With this feature, you will no longer have to undergo the entire process of buying a new term plan. Increasing cover: The Aditya Birla SunLife DigiShield Plan offers you the customization option of systematically growing your sum assured.Entry age for the policy: This plan allows you to apply for the policy, when your age is at least 18 years and until you’re 65 years old.80C of the Income Tax Act with this term insurance policy. There is no maturity benefit in this policy - meaning, you don’t get anything back in case you survive the term of the policy. Life cover Benefit: The ABSLI Digishield term plan pays an assured sum of money to your family, in case your death happens during the term of the policy.Key product features of Aditya Birla Sun Life DigiShield Plan Learn about the top features and benefits of the product in this Aditya Birla DigiShield Plan review. However, on the downside, the insurer holds a poor track record in both purchase and claim service experience. This product is also cheaper compared to other term insurance plans available in the market. Aditya Birla Sun Life DigiShield Plan is a term insurance plan offered by Aditya Birla Life Insurance Company.Īditya Birla DigiShield Plan comes with various benefits and customisation options including increasing cover, limited payment options and claim payout, making it one of the top term insurance plans in the market.
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