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Disclaimer. Shriram Life Offers a range of Life Insurance Plans Covering Senior Citizens, Women, Child and NRIs. Choose the best Savings, Protection, Retirement and Child Plans.
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Shriram Life Smart Protection Plan SP is a non-participating, non-linked Smart Protection Plan SP that offers life coverage. It's different from others because you only make a single premium payment and enjoy extended life protection. View Plan.
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What is Shriram Life New Shri Raksha?
What is Shriram new Shri Raksha plan?
What is Shriram Life Insurance?
What are the key features of Shriram Life group?
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It is a participating plan with regular and limited premium payment optionsThe plan promises double the Sum Assured in case of death during the term.Sum Assured is paid on Maturity and the plan continues thereafter till the policyholder turns 100 and on death after the term and before attaining age 100, additional Sum Assured is paidRiders provide customization optionOn death, the Sum Assured on death + accrued reversionary bonuses + Terminal Bonus, if any, is paidThe Sum Assured on death is higher of 10 times or 7 times the annual premium as per age or twice the basic Sum AssuredThe death benefit should be a minimum of 105% of all premiums paid till deathOn maturity, the basic Sum Assured and the vested reversionary bonus and Terminal Bonus, if any, is paidGrace Period: 30 days grace period is allowed for payment of premium. If policyholder fails to make payment within the grace period, the policy lapses Policy Termination or Surrender Benefit: Policyholder is allowed to surrender the policy after 3 full years’ premium has been paid. The Surrender Value will be higher of the Guaranteed Surrender Valu...
In case of suicide within 12 months of policy inception 80% of premiums paid will be paid and in case of suicide within 12 months of revival, higher of 80% of premiums paid or acquired Surrender Va...
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and necessary KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.
SHRIRAM LIFE NEW SHRI RAKSHA. Shriram Life New Shri Raksha (UIN: 128N052V01) is a non linked participating plan that offers dual insurance cover during the term. The plan also provides for a whole life insurance cover after the policy term apart from sum assured on survival at maturity. The premiums paid towards this policy will be returned on ...
Riders. The New Shri Raksha Plan offers various riders, namely, accident benefit rider, family benefit income, critical illness cover and extra insurance cover. GST of 18% is applicable on life insurance effective from the 1st of July, 2017. Disclaimer. Check out Shriram New Shri Raksha Plan online.
Sep 20, 2022 · Shriram Life POS Assured Savings Plan. Key Features: The sum assured range is INR 40,000- INR 10 lakh. Plan options: Life cover without any medicals and life cover with in-built accidental death ...