Birla Sun Life Insurance Company has launched ULIP – BSLI Foresight Plan. The plan offers 2 Investment Options – Guaranteed Option and Self-Managed Option. In guaranteed option – the proceeds would be invested in the Foresight Fund and which will be managed by the company. The company guarantees a minimum maturity benefit in this option. In (the second option) Self-Managed Option – the customer also has the option of selecting from 10 funds to manage the fund themselves, in which case the minimum guarantee is not applicable. You can invest in regular premiums every year or as a single premium also.
Eligibility Criteria of the plan
Entry Age – 8 to 60 years
Policy term – 10 years
Premium paying term – 5 years & Single Premium
Minimum Premium – Rs.1,00,000 for regular premium & Rs.2,00,000 for single premium