Shriram Life Group Superannuation Plan

Shriram Life Group Superannuation Plan (UIN: 128N064V01) is a non linked non participating variable fund based plan which can be taken by employers to manage the employee pension fund. The account can be maintained at an individual member level or at Master Policyholder level.

KEY FEATURES

  • Management and administration of Superannuation liabilities in a more efficient manner.

  • Assured Benefit on individual / pooled superannuation fund.

  • Minimum guaranteed interest rate of 1% P.A. for entire term of the policy.

  • Additional interest credits at end of each quarter.

  • Tax Benefits as per prevailing tax laws to both Employee and the Employer of the group.

KEY BENEFITS

Retirement Benefits

On retirement of the member as specified in the scheme rules.

Death Benefits

Immediately on death of the member as per scheme rules.

ELIGIBILITY

ENTRY AGE

Minimum

14 Yrs

Maximum

75 Yrs

(As on last birthday)

Maturity AGE

Maximum

76 Yrs

(As on last birthday)

Contribution

As per the actuary’s certificate

minimum group size

  • 10 Employees

policy term

1 Yr

(Annually Renewable)

Mode

Yearly

RIDERS (Add Ons)

No riders available.

MORE

Disclaimer

  • 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

Read the brochure here