Shriram Secure Investment Plan
Shriram Secure Investment Plan (UIN-128N048V01) is a one-time investment and insurance plan where you pay premium only once and get the dual benefit of a life insurance and investment return. This is an ideal plan to maximize the returns of your lump sum cash surplus.
Invest once and get guaranteed maturity benefit and also life cover.
Reap the benefit of investments without the commitment of paying premiums regularly.
Tax benefits as per laws.
In case of survival of the life assured up to the end of the policy term, guaranteed maturity benefit as defined below will be paid.
Maturity benefit = Guaranteed maturity benefit factor multiplied by single premium.
In case of death of life assured during the policy term, Sum assured on death will be paid to the nominee or beneficiary
Sum assured on death shall be higher of :
- 125% of single premium if age is less than 45 years
- 110% of single premium if age is 45 years and above
- Guaranteed maturity benefit
40,000 for 5 year term
50,000 for 10 year term
POLICY TERM (Yrs)
Minimum Annual Premium
Premium Paying term
Click this link to calculate you premium.
RIDERS (ADD ON’S)
No riders available.
For more details on the risk factors , terms and conditions please read the sales brochure and/ or sample policy document on our website carefully, and/ or consult our advisor.
Tax benefits are subject to change as per tax laws. Please consult your tax consultant on tax benefits.
Read the policy document here