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 are allowed to switch from one fund to any of the other funds mentioned in the policy. 

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.