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Memorandom & Articles of Association of Birla Sun Life Insurance

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Memorandom & Articles of Association of Birla Sun Life Insurance
Birla Sun Life Insurance Company Ltd. is a joint venture company between Aditya Birla Group and Sun Life Financial Inc. of Canada. It was established in the year 2000 and started operations after receiving the license from IRDA in January 2001. Aditya Birla holds 74% stake of the joint venture and Sun Life holds the remaining 26% of the stake.
Aditya Birla Group has its operations in 25 different countries in the world with interests in Cement, Metal, Fertilizers, etc. On the other hand, Sun Life is a leading international financial services company, building strengths for over 140 years.

Birla Sun Life offers a broad array of life insurance products to meet the actual needs and expectations of individuals and groups through a multi channel distribution network across the country. The company is backed by its skilled and best sales force.

Birla Sun Life Insurance was the first company to offer uniquely designed Unit Linked Life Insurance Solutions in India. They are also the pioneers in introducing the “Free Look Period” clause with insurance policies in India which has also been adopted by other life insurance companies in India. They also have the lowest outstanding claims ratio of 0.00% for FY 2011-12. Additionally, BSLI has the best Turn around Time according to LOMA on all claims Parameters thus strengthening their base with superior customer services.

The use of any product, service, information or feature (the "Materials") available through the internet website accessible at http://www.birlasunlife.com/BirlaSunLife/Insurance/BSLI_MP/index5.aspx (the "Web Site") by any user of the Website ("You" or "Your" hereafter) shall be governed by the following Terms of Use ("Terms" hereinafter): This Web Site is provided by Birla Sun Life Insurance Company Limited (hereinafter referred to as "BSLI" ), a company incorporated under the Companies Act, 1956 of India, having its registered office at Mumbai, India and shall be used for informational purposes only.

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