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Birla Sun Life Immediate Annuity Plan
Birla Sun Life Immediate Annuity Plan

BSLI Immediate Income Plan
BSLI Immediate Income Plan



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Birla Sun Life Immediate Annuity Plan
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BSLI Immediate Income Plan

BSLI Immediate Annuity And Immediate Income Provisions

1 Provisions
1.1 Renewal
11% Annuity Plans Life insurance plans have it !
11% Annuity Plans Life insurance plans have it !
1.1.1 Renewal Period
Bajaj Allianz R..
Not Available
Rank: N/A (Overall)
Not Available
Rank: N/A (Overall)
HDFC Life Group Unit Linked Pension Plan Provisions
1.2 Riders
1.2.1 Accidental Death
5% Annuity Plans Life insurance plans have it !
5% Annuity Plans Life insurance plans have it !
1.2.2 ADBR Description
Not Applicable
Not Applicable
1.2.3 Critical Illness
5% Annuity Plans Life insurance plans have it !
5% Annuity Plans Life insurance plans have it !
1.2.4 CI Description
Not Applicable
Not Applicable
1.2.5 Term Rider
No Annuity Plans Life insurance plans has it !
No Annuity Plans Life insurance plans has it !
1.2.6 TR Description
Not Applicable
Not Applicable
1.2.7 Permanent Disability
No Annuity Plans Life insurance plans has it !
No Annuity Plans Life insurance plans has it !
1.2.8 PD Description
Not Applicable
Not Applicable

Policy Renewal

BSLI Immediate Annuity and Immediate Income provisions are made in the form of policy renewal, riders etc. Renewal of Birla Sun Life Immediate Annuity Plan and BSLI Immediate Income Plan helps you to extend policy term of these insurance policies. Policy renewal period generally varies from 0 to 3 years. Policy may be renewed if you want to extend the term of your plan. If there is no provision for renewal of policy then a person has to make a completely new contract on the same terms with the insurance company. Policy renewal is not allowed for Birla Sun Life Immediate Annuity Plan Policy renewal is not allowed for BSLI Immediate Income Plan.

Riders for BSLI Immediate Annuity and Immediate Income

On the basis of riders for BSLI Immediate Annuity and Immediate Income like accidental death benefit, critical illness, etc, these plans can be compared. Riders are clauses in an insurance policy which provide benefits like premium waiver in case of above mentioned circumstances. Due to accidental death benefit rider, beneficiary will get the money is case of accidental death of the policy holder. Critical illness rider can be used under critical health conditions like stroke, paralysis, cancer, etc. It provides for medical expenses before death. Permanent disability rider can be availed in case life insured suffers permanent disability due to some reason. Riders for these plans can be purchased by paying additional Birla Sun Life Immediate Annuity Plan and BSLI Immediate Income Plan Premium.

Riders for Birla Sun Life Immediate Annuity Plan:

  • Accidental death benefit rider: Not available
  • Critical illness rider: Not available
  • Term rider: Not available
  • Permanent disability rider: Not available

Riders for BSLI Immediate Income Plan:

  • Accidental death benefit rider: Not available
  • Critical illness rider: Not available
  • Term rider: Not available
  • Permanent disability rider: Not available

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