Shriram Fortune Builder Plan

Shriram Fortune Builder Plan (UIN: 128L038V03) is a single premium unit linked insurance plan designed for individuals who do not have a regular cash flow to sustain premium payments each year on the due date. This plan s ideal for those who travel and may not remember premium due dates or those who have a lump sum amount available to complete their insurance requirement in one time.

KEY FEATURES

  • Multiple funds and investment strategies to choose from

  • Choice of Policy Term – 10, 15, 20 years

  • Unlimited fund switches free of cost

  • Additional protection through Riders

KEY BENEFITS

Maturity Benefits

If the life assured survives till the end of the policy term, the total fund value will be payable.

Death Benefits

In case of death of Life Assured during the policy term:

Higher of

  • Sum Assured ( less partial withdrawals)
  • Base premium fund value

PLUS
Higher of

  • Top-up Sum Assured
  • Top-up premium fund value

Will be paid to the nominee(s) or beneficiary(ies) and the policy will be terminated

ELIGIBILITY

ENTRY AGE

Minimum

0 Years

Maximum

65 Years

(Age last birthday)

Maturity AGE

Maximum

75 Years

(Age last birthday)

SUM ASSURED

Minimum

1.25

(Single Premium)

Maximum

No Limit, Subject to Board approved underwriting policy.

POLICY TERM

10 / 15 / 20 Years

PREMIUM

Minimum

25,000

Maximum

No Limit, subject to Board approved underwriting policy.

PREMIUM PAYING TERM

  • Single

RIDERS (Add Ons)

Accident Death Benefit Rider at Shriram Life

Shriram Accidental Death & Disability Rider (UIN – 128A012V01)

Critical Illness Benefit Rider at Shriram Life

Shriram Accidental Death & Disability Income Rider (UIN – 128A013V01)

Critical Illness Benefit Rider at Shriram Life

Shriram
Critical Illness Care Rider
(UIN – 128A014V01)

MORE

Disclaimer:Shriram Fortune Builder Plan (UIN: 128L038V03)

  • Unit Linked Life Insurance Products are different from the traditional insurance products, as in the former, the investment risk in the investment portfolio is borne by the policyholder.

  • ‘Shriram Life Insurance Company Limited’ is only the name of the insurance company and ‘Shriram Fortune Builder Plan’ is only the name of the Unit Linked Life Insurance Contract and does not in any way indicate the quality of the contract or its future prospects of return.

  • Please know the associated risks and the applicable charges from your insurance agent or the intermediary or policy document of the insurer.

  • The various funds offered under this contract are the names of the funds and do not in any way reflect their quality, their future prospects and returns.

  • The premium paid in Unit Linked Life Insurance Policies are subject to investment risks associated with capital markets and the NAVs of the units may go up and down based on the performance of the funds and the factors influencing the capital market and the insured is responsible for his/her decisions.

  • Past performance of funds is no indicator of future performance, which may be different.

  • 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