Page 3 - Final Digishield
P. 3
Example:
Age Option Sum Policy Sum Assured Guaranteed Survival Total Survival If one passes away at
9 : Level Assured Term upfront on Benefit Annually Benefit earned any age before the
Cover Till the Diagnosis of after attaining the if alive till Age end of the policy
with age of 85 Terminal age of 60 till the age 85 Years Term
Survival Illness of 85 or Death
Benefit
42 1 Crore 43 Years 50 Lakhs 1.44 Lakh/ Year 36 Lakhs 1 Crore – Survival
Benefit already paid
42 2 Crore 43 Years 1 Crore 2.88 Lakh/ Year 72 Lakhs 2 Crore – Survival
Benefit already paid
How does this Plan Option work?
Let us take an example of Mr. Sharma, 35 years old, who opts for ABSLI DigiShield Plan – ‘Level Cover with
Survival Benefit’ for Sum Assured of `1 crore. He chooses a Policy Term of 50 years and Premium Payment
Term of 25 years (To Age 60 years).
On attaining age 60, during the 25th Policy year, he will be paid 0.12% of `1 Crore on every monthiversary
following the date of attaining age 60. Subsequently, in the unfortunate event of his death at the beginning of
