Premium Components of Shriram Life Early Cash Plan

This portion of the premium goes towards life insurance coverage to financially protect your loved ones in case of an unexpected demise.

This portion of the premium goes towards savings that allow you to reap maturity benefits after the policy term.

In case of demise or total and permanent disability due to any accident during the rider term, we will pay 100% of the rider sum assured. Furthermore, in case of total and permanent disablement, all the future premiums under the policy will be waived.

The family of the insured person will receive 1% of the rider sum assured each month in case of accidental demise or total and permanent disability due to an accident. This income will be paid from the end of the month of the accident for an assured period of 10 years or till the end of the rider term, whichever is longer.

The rider sum assured will be paid to the nominees or beneficiaries in case of the demise of the insured during the rider cover term.

If the insured person suffers from any of the 24 critical illnesses specified in the policy, 100% of the rider sum assured will be paid in case the insured person lives beyond 30 days following the date of the first confirmed diagnosis.