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Birla Sun Life Insurance launches ‘Foresight Plan’
Published on 31 May. 2011 11:39 PM IST
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Birla Sun Life Insurance Company Ltd, a subsidiary of Aditya Birla Nuvo Ltd, has launched a ‘Foresight Plan’. This plan is a medium-term unit linked savings plan, apt for a volatile market providing the perfect blend of guarantee, flexibility and liquidity options, stated UNI. It is a cutting-edge solution that provides upside of market related returns, while shielding your investments from downside risks.
With the Foresight Plan you do not have to regularly worry about timing the markets. Foresight Plan helps you negate the risk of market decline in the year of investment and ensures that you never miss an opportunity to maximise your gains by protecting your investment downside. It offer customer’s protection along with an excellent investment proposition that not only helps them participate in the equity market but also safeguards their investments.
The best feature of this plan is that it can be custom made for different customers. Customers enjoy full freedom to choose the number of years they wish to pay premium. In addition to this, the plan provides flexibility to the customers to choose the amount of investment, minimum protection during the policy term & the advantage of 2 investment options of their choice - Guaranteed Option and Self-Managed Option.
The Guaranteed Option allows customers to safeguard their investments from any downsides in the capital markets while the Self-Managed Option gives customers complete access to invest premiums in a well established suite of 10 Investment Funds, ranging from 100%t debt to 100% equity.

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