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| Franchise | https://insurance.birlasunlife.com/about-us.aspx |
Important Notes
No details found.Important Contact Details
Registered Office:
One Indiabulls Centre Tower1,
16th Floor, Jupiter Mill Compound,
841, Senapati Bapat Marg,
Elphinstone Road,
Mumbai – 400013
Head Office:
G Corp Tech Park,
5th & 6th Floor,
Kasar Wadavali, Ghodbunder Road,
Thane West – 400601
Zonal Office:
15th Floor,
at R-Tech Park,
Off Western Express Highway,
Goregaon (East),
Mumbai – 400063
E-mail IDs
For Individual : [email protected]
For Group : [email protected]
Toll free (Within India) : 1-800-270-7000
Outside India : +91 22 66917777 (Call charges apply) (Between 9 am to 9 pm, Monday
About Birla Sun Life Insurance
Birla Sun Life Insurance Company Limited (BSLI) is a vertical of business of the Aditya Birla Financial Services Group (ABFSG). It is a joint venture between the Aditya Birla Nuvo Limited, a leading Indian conglomerate, and Sun Life Financial Inc., one of the leading international financial services organizations from Canada.
BSLI ranks 5th in India among the private life insurers in terms of annual premium equivalent, with a market share of 7.1%* for FY17. During 2016-17, it recorded a gross premium income of Rs. 5,724 Crore, registering a y-o-y growth of 3% and posted a net profit of Rs. 123 Crore. Its assets under Management at Rs. 34, 523 Crore as on FY 17. BSLI has a nation-wide distribution presence through 409 branches, 6 bancassurance partners, over 73,000 direct selling agents and more than 150 corporate agents and brokers. BSLI is meeting its growth capital and solvency requirements through internal accruals and has not required any capital infusion during past five years. The company offers a complete range of protection solutions, children's future solutions, wealth with protection solutions, health and wellness solutions, retirement solutions and savings with protection solutions.
Established in 2000, Birla Sun Life Insurance Company Limited (BSLI) is a joint venture between the Aditya Birla Group, a well-known and trusted name globally amongst Indian conglomerates and Sun Life Financial Inc, leading international financial services organization from Canada. The local knowledge of the Aditya Birla Group combined with the domain expertise of Sun Life Financial Inc., offers a formidable protection for its customers' future.
With an experience of over 10 years, BSLI has contributed significantly to the growth and development of the life insurance industry in India and currently ranks amongst the top 7 private life insurance companies in the country.
Benchmark
Known for its innovation and creating industry benchmarks, BSLI has several firsts to its credit. 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. Additionally, BSLI pioneered the launch of Unit Linked Life Insurance plans amongst the private players in India. To establish credibility and further transparency, 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 holder’s expectations, which gets further accentuated by the complete bouquet of insurance products (viz. pure term plan, life stage products, health plan and retirement plan) that the company offers.
Vision
To be a leader and role model in a broad based and integrated financial services business.
Values
- Integrity
- Commitment
- Passion
- Seamlessness
- Speed
CSR philosophy
For them in the Aditya Birla Group, reaching out to underserved communities is part of our DNA. They believe in the trusteeship concept. This entails transcending business interests and grappling with the "quality of life" challenges that underserved communities face, and working towards making a meaningful difference to them.
Their vision is - "To actively contribute to the social and economic development of the communities in which we operate. In so doing build a better, sustainable way of life for the weaker and marginalized sections of society and raise the country's human development index" - says Mrs. Rajashree Birla, Chairperson, Aditya Birla Centre for Community Initiatives and Rural Development.
All projects are identified in consultation with the community in participatory manner, literally sitting with them and gauging their basic needs. They re-course to the participatory rural appraisal mapping process. Subsequently, based on a consensus and in discussion with the village panchayats, and other stakeholders, projects are prioritized.
Arising from this focus areas that have emerged are Education, Health care, Sustainable livelihood, Infrastructure development, and espousing social causes. All of their community projects/programmes are carried out under the aegis of The Aditya Birla Centre for Community Initiatives and Rural Development. The activities are in line with Schedule VII of the companies Act, 2013.
