Shriram Life Jana Sahay
Shriram Life Jana Sahay (UIN: 128N062V01) is a non linked and non participating yearly renewable group term micro insurance product. The product aims to provide financial security to families of unorganized group or affinity group members in case of death.
KEY BENEFITS
Death Benefits
On death of the group member during the term of the policy, the sum assured in respect of member of the group at policy issue / renewal / entry into the scheme will be paid to the nominee(s) or beneficiary(ies). The sum assured remains flat for the entire policy term of one year.
There is no maturity or surrender benefit payable under this product.
ELIGIBILITY
ENTRY AGE
Minimum
18 Yrs
Maximum
65 Yrs
Sum assured
Minimum
Rs. 5,000
Maximum
Rs. 2 Lakhs
Minimum policy term
1 Yr
Premium payment mode
- Yearly
- Half-yearly
- Monthly
- Quarterly
RIDERS (Add Ons)
No riders available.
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Disclaimer
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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.
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Tax benefits are subject to change as per tax laws. Please consult your tax consultant on tax benefits.
Read the policy document here