Shriram Life Grameena Suraksha Plan(UIN: 128N057V02)
Shriram Life Grameena Suraksha Plan
Shriram Life Grameena Suraksha Plan (UIN: 128N057V02) is a non-linked, non-participating term insurance plan. It is one of the purest forms of insurance plans as it comes with insurance benefits only
Features
Two Variants
Purest Insurance Policy
Affordable
Benefits
Death benefit
In case of death of the life assured during the policy term, ”Death sum assured” as defined above will be paid to the nominee or beneficiary.
Maturity benefit
Option I: In case of survival of the life assured up till the end of the policy term, no benefit is paid. Option II: In case of survival of the life assured up till the end of the policy term, “Total Premiums paid” will be paid to the policy holder.
Surrender Value
Option I: The policy does not acquire any surrender value.
Eligibility
Age at Entry | 18 years to 50 years last birthday | ||||
Maturity Age | 28 to 65 years | ||||
Policy Term | 10 / 15 years | ||||
Premium Paying Term | Same as policy term | ||||
Minimum sum assured Maximum sum assured | Option 1: Rs 25,000, option 2: Rs 17,000 Rs 2,00,000 | ||||
Minimum annualised premium
Maximum annualised premium | Option 1: Rs 750 Option 1: Rs 6,720 | ||||