Birla Sun Life Vision is a whole life plan that offers insurance cover until the age of 100 years. The premium paying term here is limited and the policyholder can choose a term from 5 years to 35 years. The policyholder is also free to choose the life cover/sum assured subject to a minimum of 1 lakh.

Key Features

Apart from insurance cover, the scheme provides guaranteed survival benefits, which are payable at the end of the premium-paying term. The quantum of this guaranteed benefit is predetermined as it is based on the amount of the sum assured and the premium-paying term opted for by the policyholder.

The scheme also gives monthly guaranteed additions, the rates for which are re-visited by the company at the beginning of each financial year.


Birla Sun Life Vision is a three-layered insurance plan.

It provides guaranteed survival benefits to the policyholder at the end of the premium-paying term, guaranteed monthly additions, also at the end of the premium-paying term and the amount of sum assured at the end of the policy term, ie, when the policyholder attains 100 years of age.

In the event of the death of the policyholder after the premium-paying term, but before attaining 100 years of age, the amount of sum assured will be paid to the nominee.
Both these scenarios ensure the three-layered payment to the policyholder/his family, culminating into decent returns from this scheme for the kind of premiums that it charges.

However, in the event of the death of the policyholder during the premium-paying term, the nominee shall be entitled only to the amount of sum assured and the monthly additions that will accrue till the date of death of the policyholder.

The guaranteed survival benefits, as promised by the scheme and the most lucrative layer of the returns that this scheme generates, are payable only to the policyholder and not to the nominee, diluting the total returns that this scheme will generate in the event of early death of the policyholder