INTRODUCTION TO

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INTRODUCTION TO
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COMPANY PROFILE .

TRADITIONAL PLANS OF BSLI .

ULIPS PLANS OF BSLI .

COMPARATIVE ANALYSIS .

FINDINGS .

CONCLUSION .

com Office Birla Sun Life Insurance EVS Tower. Chennai – 600004 .google.birlasunlife.com www. 1st Floor. Dr.BIBLOGRAPHY WEBSITES www. Radhkrishnan Salai Mylapore.

Conclusion: Thus it conclude that Birla Sun Life Insurance provides or better products & services to the .

000 advisors. BSLI offers a spectrum of products to meet the growing needs of individuals and group insurance through a multi channel distribution network. Company profile . The company has quadrupled its distribution network to over 600 branches and more than 100. BSLI has contributed significantly to the growth and development of the life insurance industry in India and currently ranks amongst the top 5 private life insurance companies in the country.customers. With an experience of over 9 years.

000 employees across all its units worldwide.Mr. one of the largest business houses in India and Sun Life Financial financial Inc. Kumar Mangalam Birla. It is led by its Chairman .Birla Sun Life Insurance Company Limited is a joint venture between The Aditya Birla Group. services a leading international organisation. Some of its key companies are Hindalco. offers a formidable protection for your future. The local knowledge of the Aditya Birla Group combined with the expertise of Sun Life Financial Inc. Grasim and Aditya Birla Nuvo. Sun Life Financial ... The Aditya Birla Group has a turnover of close to It has over 100.

the Sun Life Financial group of companies had total assets under management of US$ 343 billion Sun Life Financial Inc. India. . is a leading international financial services organisation providing a diverse range of wealth accumulation and protection products and services to individuals and corporate customers. the United States. Hong Kong. the United Kingdom. China and Bermuda.Sun Life Financial Inc. New York (NYSE) and Philippine (PSE) stock exchanges under ticker symbol "SLF". trades on the Toronto (TSX). Sun Life Financial and its partners today have operations in key markets worldwide. Tracing its roots back to 1865. Japan. the Philippines. Indonesia. including Canada. As of 31 March 2008.

Several companies have come up these days with life. medical and travel insurance. Birla Sun Life Insurance Company Limited is a joint venture between the Sun Life . health. Providing a number of insurance products. Risk management against a huge loss is very necessary. Birla Sun Life is a prestigious company to bond with. One such company is Birla Sun Life Insurance.BACKGROUND OF BIRLA SUN LIFE INSURANCE. and insurance is transfer of risk from one entity to another.

This insurance provider company has pioneered the unique Unit Linked Life Insurance Solutions in India. In fact. The plan covers all the liabilities and provides absolute security. The minimum age limit for acquiring the insurance is 18 years and . policies were first issued by this insurance company on the Internet. Some of the Birla Life Insurance products include:  Insurance for protection  Insurance for retirement  Insurance for saving  Insurance for children  Insurance for riders  Insurance for rural Birla Sun Life Insurance for Protection includes insurance such as Birla Sun Life Insurance Term Plan and Birla Sun Life Insurance Premium Back Term Plan.Financial Inc and the Aditya Birla Group. Birla Sun Life Insurance Term Plan is apt for those seeking insurance benefits at economic costs. Birla Sun Life Insurance was the first company in the sector of financial solutions to begin Business Continuity Plan.

One can pay it through the ECS mode of payment or on a one-time basis. BRANDS OF ADITYA BIRLA GROUP . One can pay the premium either annually. The Birla Sun Life Flexi SecureLife IIRetirement Plan is segregated into 2 sections. Surrender scheme is also applicable to this plan. One is the Accumulation or build up phase and the other is the Annuity or the payout phase. quarterly or semiannually. monthly. With this plan one can enjoy tax benefits.maximum is 55 years. One can give up the policy after the 3 years of policy till the vesting age.

It has contributed significantly to the growth and development of the life insurance industry in India. The company has a capital base of Rs.5 crores as on 31st March 2008.Birla Sun Life Insurance (BSLI) has been operating for 9 years. And its customer base is is spread across more than 1500 towns and cities in India. . It pioneered the launch of Unit Linked Life Insurance plans amongst the private players in India. It was the first player in the industry to sell its policies through the Bancassurance route and through the Internet. BSLI has covered more than 2 million lives since it commenced operations. 1274. It was the first private sector player to introduce a Pure Term plan in the Indian market.

BSLI has several firsts to its credit. BSLI pioneered the launch of Unit Linked Life Insurance plans amongst the private players in India. Add to this. pure term plan. Additionally. BSLI has contributed significantly to the growth and development of the life insurance industry in India and currently ranks amongst the top 5 private life insurance companies in the country. life stage products. BSLI also enjoys the prestige to be the originator of practice to disclose portfolio on monthly basis. These category development initiatives have helped BSLI be closer to its policy holders’ expectations. the extensive reach through its . Known for its innovation and creating industry benchmarks.With an experience of over 9 years. To establish credibility and further transparency. which gets further accentuated by the complete bouquet of insurance products (viz. It was the first Indian Insurance Company to introduce “Free Look Period” and the same was made mandatory by IRDA for all other life insurance companies. health plan and retirement plan) that the company offers.

To ensure that our customers have an impeccable experience.75.network of 600 branches and 1. The company had secured a rank in the "Top 25" by the "Grow Talent . reach and ears on ground. BSLI has ensured that it has lowest outstanding claims ratio of 0. product range.00% for FY 2008-09. This impressive combination of domain expertise.. . helped BSLI cover more than 2 million lives since it commenced operations and establish a customer base spread across more than 1500 towns and cities in India. BIRLA SUN LIFE INSURANCE ACHIEVEMENTS In the "Great Places to Work 2006 Survey". 000 empanelled advisors. Additionally. Birla Sun Life Insurance Company Limited secured the18th position amongst the top 25 companies.Great Places to Work" survey another time as well. BSLI has the best Turn around Time according to LOMA on all claims Parameters.

appreciated and rewarded by customers and the industry at large. winning is a way of life. AWARDS: At Birla Sun Life Insurance.Best Life Insurer (Runner Up) 2004 CERTIFICATE. Our innovative solutions and customerfriendly services have been admired. Birla Sun Life Insurance secured the 3rd position amongst the various private life insurance companies. .In the Cirrus & ORG Media survey.Best Life Insurer (Runner Up) 2004 TROPHY. Outlook Money Awards 2004 BSLI . Awards showcase Recruiting and Staffing Best in Class Awards Outlook Money Awards 2004 BSLI .

Birla Sun Life Insurance was awarded 'The Great Place to Work Seminar Series 2007’ Presented by Anil Sachdev (Chairman & MD of Grow Talent Company Ltd) Robert Levering (Cofounder Great Place to Work Institute) and Jehangir Pocha (Business World Magazine). Birla Sun Life Insurance was presented 'The Hewitt Best Employers In India Awards 2004' Trophy.The 8th Asia Insurance Industry Awards 2004 .Birla Sun Life Insurance was among the top five nominees in the category. The Bhartiya Shiromani Puraskar awarded to BSLI at the seminar on "Economic . The Indo-Canadian Business ChamberBSLI awarded for its 'Successful Performance' for 4 years April 2005.

A Message from the Mayor. Hewitt Best Employers in India 2004 Sponsorship Acknowledgement for . This is a Certificate of Excellence for Enhancing the image of India presented by Dr. Payment Options: . 2006.Development” New Delhi. December 2005.Toronto. on February 13. David Miller .The Asia Insurance Review. Bhishma Narain Singh (Former Governor of Tamil Nadu & Assam) in association with the "Institute of Economic Studies (IES)". A letter sent to BSLI .

With this in mind. . we strive to find out ways and means to make our Customer's relationship with us convenient and hassle free. we are glad to present you with some convenient and user friendly renewal payment methods to ensure that you always make premium payment with ease and enjoy uninterrupted Life Insurance Coverage.At BSLI.

Feedback: . we have designed this section to equip you with the right information at every step. With Birla Sun Life Insurance.Always there to Help you! Our customer support section is your one-stop access to a world of information. to providing relevant information about procedures. anywhere. From addressing your queries related to our solutions and services. an enriching customer experience is guaranteed always! Manage your Policy: With help of your CIP TPIN. enjoy the ease of managing your policy anytime.

FAQs: Find answers to some of the most common insurance-related questions asked by our customers. and help us support you better. .Share your feedback on our people. Claims: Learn more about our simple and hassle-free Claims procedures. Premium Payment Options: Discover easy and convenient modes of paying your renewal premium. products and processes.

Tax Benefits: Discover how you can secure your future as well as avail tax benefits with your insurance solution. your policy related requests . Application Tracker: Track your policy application status instantly. Policy Servicing Forms: You can download the various utility forms which will aid you effect.