Birla Sun Life Insurance- Why You Need It?

By Author: Shankar Nath
Total Articles: 50
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Birla Sun Life Insurance is a product of the joint venture between Aditya Birla Group, an Indian multi national company and Sun Life Financial Incorporated, a leading insurance company. In this joint venture, Sun Life holds 26 percent equity and Aditya Birla holds 74 percent stake.

Today, Birla Sun Life Insurance or the BSLI is well recognized as a major organization in financial solutions sector that first introduced the Business Community Plan. In India, Birla Sun Life became the first organization to start the Unit Linked Life insurance solutions. Within just 4 years or so, Birla Sun Life became one of the leading players in the private life insurance schemes.

Founded in the year 2000, Birla Sun Life Insurance Company Limited became a well known and trusted name globally amongst the major Indian conglomerates. With the extensive knowledge and experience of over 10 years now, Birla Sun Life has been contributing in the development and growth of the life insurance sector while being considered as one of the premier life insurance companies in the current market. Additionally, Birla Sun Life Insurance enjoys ...
... an extensive reachability by means of its network of over 600 branches and more than 1,47,900 dedicated advisors.

The impressive combination of the domain knowledge and the policies range helped the company in providing coverage to over 2.4 million lives. Known for creative outlook and innovative approach, Birla Sun Life became the very first Indian insurance company to uncover the concept of free look period that was later on made mandatory by the IRDA for the other insurers.

Birla Sun Life offers a wide diversity of insurance products including Retirement Plans, Child Plans, Savings and Investment Plans, Term Plans, Health Plans etc. Each and every Birla Sun Life Insurance Plan has been designed to take good care about your financial commitments towards your loved ones or family by offering a large cover at a low cost.

The protection solution as provided under Birla Sun Life Insurance plan ensures a low cost life cover which promises financial security that allows you to modify the whole plan and even rewards you to lead a healthy lifestyle. You can expect to get a complete financial protection at affordable cost.

The health plan of Birla Sun Life is somewhat different from the health insurance. The health plan offers extensive cover for the critical illness and surgery costs. A huge amount is paid irrespective of the actual hospital bill. The BSLI Universal Health Plan and BSLI Health Plan are two of the major health plans of Birla Life.

ULIP or the investment of Birla Life helps to invest a part of your own savings in the debt or equity market as per your own preference. The main objective of your investment plan is to offer you best return so as to easily beat rising costs since general returns in banks are very low. ULIP’s provided by Birla Sun Life includes BSLI Bachat Endowment Plan, BSLI Guaranteed Bachat Plan, BSLI Money Back plus Plan, Bachat-Money and Classic Endowment Plan, BSLI Platinum Advantage, BSLI Rainbow Plus, BSLI Dream Endowment Plan etc.

The term plan offers extensive cover for your family in an unfortunate event or an untimely demise. The term life insurance plan offers a good cover at a relatively nominal cost and includes no survival advantages. The major Birla Sun Life term plans include the BSLI Premium Back Term, BSLI Term Plan and the BSLI High Network Term.

Whatever your needs and preference might be, you can be sure to get the right savings plan to someone you know. Get the right Birla Sun Life insurance quotes from the range of insurance products including the NRI Plans, Group Plans, Rural Plans, Health Solutions Plans, BSLI Flexi SecureLife Retirement Plan II or the BSLI Freedom 58.

To get the Birla Sun Life Insurance quotes and to make the payment of the premiums quite easier, the Birla Sun Life insurance has also enabled the online payment options for the customers. Therefore, you can now do all the payments while staying at home.

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