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Aditya Birla Sun Life Insurance (ABSLI) todays aid it has launched ‘Income Shield Plan’, a non-linked non-participating term insurance plan.
Income Shield is designed to cater to a unique protection need of the customer, ABSLI said in a release issued here.
ABSLI Income Shield Plan offers salary or monthly income replacement in case of the unfortunate untimely demise of the customer.
“We are focused on providing holistic protection solutions to our customers. Rising prices and various uncertainties pose a threat to the financial stability of an earning individual’s family post his demise. We have launched Income Shield, a traditional protection plan that provides one’s dependents with a regular monthly income and ensure that their life goes on even after the loved one is no more,” ABSLI Managing Director and CEO Pankaj Razdan said.
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