Shriram Life Genius Assured Benefit Plan

What is Shriram Life Genius Assured Benefit Plan?

Shriram Life Genius Assured Benefit Plan is a traditional plan where all the benefits are guaranteed. This plan offers a unique blend of life insurance and maturity benefit by paying premium for 10 years. This plan is ideal for you if you are looking for complete protection of your family and providing financial support to your child's dream.

Why buy this plan?

Shriram Life Genius Assured Benefit Plan is a simple and affordable plan especially designed to help you meet your goals by paying premium for 10 years.

If you are looking for complete protection of your loved ones and systematic receipt of money than this is the right plan for you.

Key Features

✓Guaranteed benefits

✓Maturity benefit that suits your child's higher education dream

  • Sum Assured as a lump sum (+)
  • Education Support Benefit in installments

✓Comprehensive life insurance cover

  • Sum Assured (+)
  • Additional Benefit
    1. Family Support Benefit (+)
    2. Education Support Benefit

✓Flexibility in receiving Education Support Benefit on maturity
  • Flat payout, or
  • Increasing payout

✓ Auto Cover(available only once during premium paying term)
Enhanced protection with Riders

✓Tax Benefits as per prevailing Tax rules

We Call You Back

Submit the Enquiry Form or call us on our Toll Free:

CALL US :1800-3000-6116


Depending on your financial plan you may decide your suitable Sum Assured.

Your premium is calculated on the basis of Sum Assured, your age and other risk factors.

Example

of Amit, a 30 year old man with 2 year old daughter Aarti. Amit saves money to ensure he has sufficient funds when Aarti is 18 years old for her higher education. He opts for 16 year policy term and Sum Assured of Rs 10 lakhs and Education Support Benefit as per Increasing Option. He opts for instalment option for death benefit. He will pay an annual premium of Rs 1,17,140 + applicable taxes for 10 years.

Let us look at the maturity benefit he receives



In case of survival of the life assured up to the end of the policy term and all the premiums have been paid, the following benefits will be paid:

1.Sum Assured: PLUS
2.Education Support Benefit



Auto Cover

After the payment of at least two full years' premium if you are unable to pay the premium within the grace period, you will be eligible for an Auto Cover of one year

If death occurs during this auto cover period, the death benefit will be payable as paid for an in force policy after deducting the unpaid premiums falling before the next policy anniversary.

Your commitment

The value of this plan is realised when you remain committed to your goals.

✓ Please provide accurate personal and health details in the proposal form.

✓ Read the policy document carefully as and when you receive the document.

✓Pay all your due premiums on time

✓ Always get in touch with your nearest branch, Customer Care for any service request or query.

Disclaimer : Shriram Life Genius Assured Benefit Plan (128N068V01)

  • For more details on the risk factors and the terms and conditions please read the sales brochure and/ or sample policy document on our website carefully, and/ or consult our advisor before concluding the sale

  • Tax benefits are subject to change as per tax laws. Please consult your tax consultant on tax benefits



Renew Online

Now, Pay your Policy Premium Online through Credit / Debit Card or Netbanking.

Call Us @

1800-3000-6116


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