Shriram Life Secure Investment

Shriram Life Secure Investment (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.

KEY FEATURES

  • 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.

KEY BENEFITS

Maturity Benefits

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.

Death Benefits

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

Eligibility

ENTRY AGE

Minimum

30 Days

Maximum

60 Yrs

(As on last birthday)

Maturity AGE

Maximum

65 Yrs

(As on last birthday)

SUM ASSURED

Minimum

Rs. 49,600 / Rs. 77,000
5 / 10 yr term

Maximum

Subject to underwritten policy.

POLICY TERM (Yrs)

5 / 10 Yrs (Fixed)

Minimum Annual Premium

Rs. 40,000 / Rs. 50,000 5 / 10 Yrs

Premium Paying term

  • Single

Calculator

Click this link to calculate your premium.

RIDERS (Add Ons)

No riders available.

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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