Birla Sun Life launches Gold-Plus Plan
Birla Sun Life Insurance (BSLI) on Monday announced the launch of Gold-Plus Plan, a unit-linked insurance plan for individuals seeking short-term investments.
By PTI |
BANGALORE: Birla Sun Life Insurance (BSLI) on Monday announced the launch of Gold-Plus Plan, a unit-linked insurance plan for individuals seeking short-term investments.
The plan gives an opportunity to maximise returns by paying premium as low as Rs 10,000 for a short duration of three years, Sun Life Financial Country Head Venkatesh Mysore told reporters here.
Mysore said the plan offers 100 per cent equity exposure and maximum returns on limited period investments.
"It gives an opportunity to grow investments for the medium term. The plan offers the convenience of paying for a limited period of three years thus avoiding the hassle of regular payments."
According to him, the plan offers a flexibility to reduce premium from the second policy year depending on one's financial position. "It offers freedom to invest in as many as seven fund options in varying proportions," he said.
Mysore said BSLI is focusing on strong distribution, expansion as well as widening product range in 2007-08 to meet the needs of various market segments. "Our premium base is increasing at a healthy rate," he added.
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