ABSLI definition
Examples of ABSLI in a sentence
ABSLI reserves the right to recover levies such as the GST levied by the authorities on insurance transactions.
Alternatively, ABSLI has the right to deduct the amount from the benefits payable by Us under the Policy.
If any imposition (tax or otherwise) is levied by any statutory or administrative body under the Policy, ABSLI reserves the right to claim the same from You.
The monthly interest rate charged on unpaid premiums will be declared by ABSLI on June 1st of each calendar year and is determined as (x+1%)/12 rounded to the next 0.5%, where x is the base rate of the State Bank of India.
If Policyholder doesn’t repay the loan or fail to respond to the notice, ABSLI shall have right to terminate the policy.
Beneficiary can download the claim documents from our website ▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ or can obtain the same from any of ABSLI branches.
The cost of required medical tests will be borne by the ABSLI if all the medical tests are carried out through our empanelled medical service providers.
The Master Policyholder shall pay all installment or annual premium as calculated by ABSLI for all the lives insured, on each Premium Due Date or on policy effective date.
SAMPLE ABSLI should be informed in time by the Master Policyholder about any correction to be made in the personal details of the Member covered under the policy.
This Policy is underwritten by ▇▇▇▇▇▇ ▇▇▇▇▇ Sun Life Insurance Company Limited (ABSLI) and is a non-linked non – participating term insurance plan issued under IRDA (Non Linked Insurance Products) Regulations 2013.