Shriram Life Guaranteed Endowment (UIN: 128N071V01)
SHRIRAM LIFE GUARANTEED ENDOWMENT PLAN
Shriram Life Guaranteed Endowment (UIN: 128N071V01) is a non-linked non-participating endowment plan which ensures your family is financially protected at all times in case of any unforeseen event.
KEY FEATURES
Life Insurance:Protect your family members against the unfortunate eventuality of life
Hassle Free Process: Hassle Free Process: Easy and seamless process to purchase the policy.
Enhanced Life Cover: Option to enhance protection against Accidental Death.
Liquidity: Option to avail a loan in case of financial emergency.
Maturity Benefit: Lump sum guaranteed maturity benefit payout
KEY BENEFITS
Maturity Benefits
You receive a Sum Assured as lump sum Maturity Benefit at the end of the policy term provided you pay all your due premiums.
Death Benefits
There is a waiting period of 90 days for risk to commence. The waiting period is not applicable in case of accidental deaths or in case of revival.
ELIGIBILITY
| ENTRY AGE | Minimum 30Days Maximum 55 Years (Age last birthday) |
|---|---|
| MATURITY AGE | Minimum 18 Years Maximum 65 Years (Age last birthday) |
| SUM ASSURED | Minimum Rs. 1 Lakhs Maximum Rs. 10 Lakhs |
| POLICY TERM(YRS) | 10 to 20 years |
| PREMIUM PAYING TERM | Regular Premium Payment, Single Premium Payment |
| PREMIUM PAYMENT MODE | Yearly Half-yearly Monthly Quarterly |
| PLAN OPTIONS | Option 1 Life Cover Option 2 Life Cover with in-built Accidental Death Benefit (Age last birthday) |
| MINIMUM PREMIUM | Regular Premium Annual Rs.3,500 Half Yearly Rs. 1,750 Quarterly Rs.900 Monthly Rs.300 Single Premium Single Rs.44,000 (Age last birthday) |
| MATURITY BENEFIT | 100% of Sum Assured |