Shriram Ujjwal Life (UIN-128L034V02)
SHRIRAM UJJWAL LIFE
Shriram Ujjwal Life (UIN-128L034V02) is a regular premium unit linked plan designed to help you with your financial goals for your child’s education, child’s marriage or a peaceful retirement. Beyond that, the plan also protects your living family against uncertain future events.
KEY BENEFITS
Maturity Benefits
On survival of the Life Assured up to the end of the policy term, the fund value including top up fund value(if any) will be paid on maturity.
Death Benefits
In case of death of the Life Assured, Sum Assured plus fund value plus top up sum assured along with top up fund value if any is payable to the nominee provided the policy is in force. The death benefit will be at least 105% of all the premiums including the top up premiums paid.In case of death of the life assured of a discontinued policy, the discontinued fund value subject to a minimum guaranteed interest as prescribed by IRDAI from time to time up to date of death will be paid to the nominee or beneficiary.
Eligibility
| ENTRY AGE | Minimum 7 Years Maximum 65 Years (Age last birthday) |
|---|---|
| MATURITY AGE | Maximum 75 Years (Age last birthday) |
| SUM ASSURED | Minimum 10 / 7 times the annualized premium Maximum Subject to underwritten policy. |
| POLICY TERM (YRS) | 10 Yrs (Fixed) |
| MINIMUM ANNUAL PREMIUM | Rs30,000 |
| PREMIUM PAYMENT | Mode Yearly Term Same as policy term |