Birla Sun Life Insurance presents BSLI Foresight Plan’
- Maximizes wealth
- Secures family’s future
- Manages the portfolio during market high’s and low’s
Equity markets have a huge potential towards meeting customer’s long-term wealth creation needs. However, many customers tend to stay away from this attractive opportunity due to the lack of knowledge on timing the market and the resultant fear of losing money. This behavior brings forth the need for a product offering that can eliminate this fear and give customers the confidence of not just optimizing investments when the markets are low but also locking the gains, when the markets are at a high.
Keeping this unfelt customer need in mind, Birla Sun Life Insurance Company Ltd., a subsidiary of Aditya Birla Nuvo Ltd., presents BSLI Foresight Plan, a cutting-edge solution that provides customers the upside of market returns while completely shielding their investments from downside risks. It is an innovative investment avenue that addresses this requirement.
This medium term unit linked savings plan is apt for a volatile market providing the perfect blend of guarantee, flexibility and liquidity options. The product will guaranteedly induce many more customers to take their first step towards participating in the equity markets, help them protect their investment downside and lock their gains.
BSLI Foresight Plan can be customized for different investors. It offers the following flexibility:
- Choice of Basic Premium: Entire premium to be paid once/at the beginning of every policy year
- Choice of Basic Sum Assured:
- Single pay option: Minimum BSA or 5 X Basic Premium
- 5 — pay option: 100,150,200,250 or 300% the minimum BSA
- Choice of Investment Option: Self-Managed Option or Guaranteed Option
- Choice of Premium Pay Term: Single-Pay/ 5-Pay
Other key highlights of BSLI Foresight Plan:
- Provides upside of market related returns while shielding investments from downside risks
- Full freedom to switch from one fund to another — From amongst 10 investment funds under Self-
Managed Option
- Option to increase protection by choosing higher sum assured multiple
- Option to pay all 5 years premium in advance
- Tax benefits under Sections 80C and 10(10D) of the Income Tax Act,1961
- Opportunity to invest in New Generation Foresight Fund
For more information please contact
Atul Malikra
PR 24x7 Network Ltd.