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Aditya Birla Sun Life Insurance launches Vision LifeIncome Plus, A Plan to Suit the Customer's Money Needs at all life stages


Mumbai (Maharashtra) [India], May 21 (ANI/NewsVoir): Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), announced the launch of a hyper-flexible savings plan - ABSLI Vision LifeIncome Plus Plan that provides guaranteed regular income plus flexible bonus pay-outs.
This non-linked participating individual plan has been designed to offer various plan options which can be tailor-made to perfectly suit the customers unique financial needs across different life-stages.
This savings plan provides the customer with the comfort of a guaranteed regular income for up to 30 years, to help them achieve their evolving life goals while reaping the benefits of a comprehensive life insurance cover. Additionally, the plan also provides completely flexible bonus pay-outs which can be accumulated for wealth creation or withdrawn at the customer s convenience for instant access to their money. ....

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American Rescue Plan Act and the COBRA Subsidy – Déjà Vu All Over Again | Jackson Walker


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In the American Rescue Plan Act (the “Relief Act”), a subsidy for the payment of COBRA premiums was added for the period beginning on April 1, 2021, through September 30, 2021. Unlike previous COBRA premium subsidies, this subsidy permits assistance eligible individuals to elect COBRA at no cost to the individual for the six-month period of premium assistance.
Full elimination of premiums applies to any individual who elects COBRA as the result of losing coverage due to termination of employment (other than for gross misconduct) or to a reduction in hours of work. Such a person is referred to as an “assistance eligible individual”. The assistance eligible person definition does not exclude persons who may already be on COBRA continuation coverage due to a termination of employment or reduction in hours which occurred prior to the enactment of the Relief Act. This COBRA premium assistance applies to group ....

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