The following are the features of Aditya Birla Sun Life Insurance Premium Back Term Plan:
- When the policy matures, the total amount paid towards premium will be paid back to the policyholder.
- The policyholder has 2 options to choose from: (a) 100% premium back (b) 123% premium back (pb)
- Under option (a) - in case of death, the policyholder gets coverage face amount + 100% premium paid till date.
In case of maturity, the policyholder gets 100% premium paid.
- Under option (b) - in case of death, the policyholder gets coverage face amount + 100% premium paid till date.
In case of maturity, the policyholder gets 125% premium paid.