Key Features of the Shriram Life Golden Jubilee Plan

You are allowed to encash or withdraw a part of the fund during the tenure of the policy. This is known as partial withdrawal. It is allowed only after the fifth year of the policy after all the premiums for the first 5 years have been paid.

You are allowed to enhance your coverage by opting for top-up premiums. Each top-up premium shall be considered a single premium and must have insurance coverage at 125% of the top-up premium.

The settlement at the time of maturity is flexible. You can receive maturity benefits either in lump sum or in instalments by using the settlement option.

You can reduce your savings risk with the auto transfer option (ATO), which reduces the risk of investing the full premium in a fund with a volatile Net Asset Value (NAV). This is done by investing the premium in a low-risk fund preserver and eventually the money is transferred into the investment portfolio chosen by you.

 You can switch from one fund to another

You are allowed to alter certain terms of the policy upon submitting the written request. Alterations can be done for reducing the sum assured and addition of the riders during the policy term.

You can pay the premium Single, annually, half-yearly, quarterly or monthly as per your convenience.

You can claim tax deductions as per the existing provisions of the income tax law. 

To save for your next generation or withdraw whenever you want

You can claim tax deductions as per the existing provisions of the income tax law. 

Guaranteed every 5 years !
!starts from 10th year provided all premiums are duly paid

Of Premium Allocation & Mortality charges*
(*Applicable T&C)

To save for your next generation or withdraw whenever you want

2 cover options to choose from and choice of cover level within each cover option

With option to increase/decrease policy term, increase premium payment term and increase/decrease sum assured and decrease in premium.

Flexibility to top-up your scheduled premiums whenever you have additional funds

And easy access to your funds through partial withdrawals

Available with Maturity/Death benefit to tackle market volatility during redemption

Additional protection with multiple riders

Life Goal allows policyholders to set and achieve specific financial goals during the policy term and align their life insurance coverage with their personal financial aspirations and helps them plan for important milestones in life.

Legacy option allows policyholders to create a legacy for their loved ones by leaving behind a substantial wealth transfer and plan for the financial well-being of their future generations and leave a lasting impact on their family & financial future.