Birla Sun Life Insurance has launched its first participating plan ‘Vision Life Income’.

The traditional whole-life plan offers regular guaranteed payouts, long-term savings and life insurance benefit.

“With survival benefits payable every year from the end of the premium paying term till maturity and life insurance benefit, this plan offers a perfect blend of income and financial protection for the customer’s family,” said Jayant Dua, MD & CEO, Birla Sun Life Insurance.

The plan offers guaranteed regular income for life post-premium paying term, a discount in premium on high sum assured and income-tax benefits.

deepa.nair@thehindu.co.in

(This article was published on January 23, 2013)