Aditya Birla Sun Life
Super Term Plan
Sample premium
₹19,400 a year*
Term Life Insurance · head to head
Super Term Plan vs e-Term
Kotak Life
e-Term
Premium depends on your profile
Quick verdict
- Super Term Plan is better for low minimum cover.
Computed from stored specifications, the published term life insurance scoring rules and recorded prices. Not an opinion.
Specifications side by side
Spec
Super Term Plan
e-Term
Eligibility
Minimum entry age
18 years
18 years
Maximum entry age
65 years
65 years
Maximum maturity age
85 years
85 years
Policy term
Regular Pay: 10 to 55 years; Limited Pay: PPT + 5 years to 55 years
Regular Pay: minimum 5 years; maximum for Life & Life Secure: 'Highest of 40 years or 75 Years minus less Age at Entry or 85 Years minus less Age at Entry'; Life Plus: 'Highest of 40 Years or 75 Years minus less Age at Entry'. Limited pay minimum terms: 5 Pay 10, 7 Pay 12, 10 Pay 15, 15 Pay 20, Pay till 60 15 years; Single Pay minimum 5 years
Minimum sum assured
₹25,00,000
₹51,00,000
Maximum sum assured
No Limit (subject to Board Approved Underwriting Policy)
No limit, subject to underwriting policy
Plan
Plan options
Level Cover, Increasing Cover, Level Cover with Return of Premium
Life, Life Plus, Life Secure
Premium payment
Limited Pay (Plan Option 1 & 2: 5, 7, 10, 12, 15, 20 years and To age 60; Plan Option 3: 5, 10 & 15 years), Regular Pay; Annual / Semi-Annual / Quarterly / Monthly
Regular Pay (same as policy term), Limited Pay (5, 7, 10, 15 Pay, Pay till 60 with minimum PPT 10 years), Single Pay
Return of premium option
Yes
No
Death benefit payout
Lumpsum; Monthly Income for 10/15/20 years; Partly as Lumpsum and Partly as Monthly Income for 10/15/20 years
Immediate (100% lump sum); Level Recurring (10% lump sum plus 6% of SA yearly for 15 years); Increasing Recurring (10% lump sum plus yearly payouts from 6% of SA rising 10% a year for 15 years)
Riders
ABSLI Accidental Death and Disability Rider (UIN: 109B018V03), ABSLI Critical Illness Rider (UIN: 109B019V03), ABSLI Surgical Care Rider (UIN: 109B015V03), ABSLI Hospital Care Rider (UIN: 109B016V03), ABSLI Accidental Death Benefit Rider Plus (UIN: 109B023V02), ABSLI Waiver of Premium (UIN: 109B017V03)
Critical Illness Plus rider (107B020V02)
Terminal illness benefit
Yes
—
Waiver of premium
Inbuilt Waiver of Premium on Accidental Total and Permanent Disability (life insured aged up to 70); brochure variant table also shows 'WOP on TI & ATPD' for all three options; ABSLI Waiver of Premium rider (CI or disability) optional
Life Secure option: waiver of premium on total and permanent disability (not for Single Pay)
Premium
Sample annual premium
₹19,400
—
Sample premium is for
Male, standard life, non-smoker, age 30, Sum Assured Rs 1,00,00,000, cover till age 85 (55-year term, not the 30-year profile), Regular Pay, annual frequency, Level Cover option, death benefit lumpsum; premium excluding taxes and first-year discount, if any. Brochure gives no 30-year-term figure.
—
Insurer
Death claims settled (insurer)
98.65%
98.61%
Claims figures for
FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
IRDAI UIN
109N153V02
107N129V04
A tick marks the better value where the category rules say higher (or lower) is better. Text values are shown without a winner. Ties have no winner.
Pros and cons
Super Term Plan
- Pro: Return-of-premium option available
e-Term
No stated figure stands out against similar models on Comparezi, either way.