This Plan is Closed for Sale (Serviced by Customer Service)
Online 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.
Tax benefits as per tax laws.
No commitment of paying premiums regularly.
Guaranteed maturity benefit and life insurance cover.
In case of survival of the life assured up to the end of the policy term, guaranteed maturity benefit as defined below will be paid.
Guaranteed maturity benefit = maturity benefit factor multiplied by single premium.
In case of death of the life assured during the policy term, Sum assured on death as defined below will be paid to the nominee or beneficiary.
Sum assured on death is defined as Maximum of:
- (a) 125% of single premium if age is less than 45 years
- (b) 110% of single premium if age is 45 years and above Guaranteed Maturity Benefit payable on Muturity.
5 / 6 / 10 Yrs
Premium Paying Term
MINIMUM SUM ASSURED
Click this link to calculate you premium.
RIDERS (Add Ons)
No riders available.
For more details on the risk factors, terms and conditions please read the sales brochure and/or sample policy document on our website carefully and/or consult our advisor.
Tax benefits are subject to change as per tax laws. Please consult your tax consultant on tax benefits.
Read the policy document here