Guaranteed Return Plan (UIN – 128N049V01)
THIS PLAN IS CLOSED FOR SALE (SERVICED BY CUSTOMER SERVICE)
Shriram Guaranteed Return Plan (UIN: 128N049V01) is a one-time investment and insurance plan where you pay premium only once and get the dual benefit of life cover and a guaranteed return on maturity. This is an ideal plan to maximize the returns based on your lump sum cash surplus.
KEY FEATURES
Tax benefits as per tax laws.
No commitment of paying premiums regularly.
Guaranteed maturity benefit and life insurance cover.
ELIGIBILITY
| ENTRY AGE | Minimum:8 Years Maximum:65 Years (Age last birthday) |
|---|---|
| MATURITY AGE | Minimum:18 Years Maximum:71 Years (Age last birthday) |
| POLICY TERM | 5/6/10 Years |
| PREMIUM PAYING TERM | Single |
| PREMIUM | Minimum:Rs.25,000 Maximum:No Limit subject to underwriting considerations as per Board approved underwriting policy |
| MINIMUM SUM ASSURED | Amount Amount Rs.30,750 5 Yrs Rs.32,000 6 Yrs Rs. 39,000 10 Yrs |
RIDERS (ADD ONS)
| Name | Description |
|---|---|
| Accident Benefit Rider | Provides assistance to Life Assured, in the event of permanent / total disability due to an accident. |
| Family Income Benefit | Provides additional protection to the family for a nominal premium. |
| Critical Illness Cover | Provides a benefit to help cover medical and rehabilitation costs associated with critical ailments. |