Shriram Life POS Guaranteed Endowment plan
Shriram Life POS 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.
Why buy this plan?
We like spending our time with our family and we enjoy sharing happiness together. We work hard to provide the best to our family be it education, lifestyle and many other choices. We want to ensure that the prosperity is maintained and further enhanced as we go along.
At Shriram Life we understand the need of financial requirement that arises to suit your requirements. Shriram Life POS Guaranteed Endowment Plan helps you to plan for a secured future by offering you guaranteed benefits.
KEY FEATURES
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Life Insurance: Protect your family members against the unfortunate eventuality of life
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Hassle Free Process: Easy and seamless process to purchase the policy.
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Enhanced Life Cover: Option to enhance protection against Accidental Death.
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Liquidity: Option to avail a loan in case of financial emergency.
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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
30 Days
Maximum
55 Yrs
Maturity AGE
Minimum
18 Yrs
Maximum
65 Yrs
SUM ASSURED
Minimum
Rs.1 Lakh
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
- Quarterly
- Monthly
Plan Options
Option 1
Life Cover
Option 2
Life Cover with in-built Accidental Death Benefit
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
Maturity Benefit
100% of Sum Assured
Calculator
Click this link to calculate your premium.
RIDERS (Add Ons)
No riders available.
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How it works
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
Your commitment
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Please provide accurate personal and health details in the proposal form.
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Read the policy document carefully as and when you receive the document.
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Pay all your due premiums on time
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Always get in touch with your nearest branch, Customer Care for any service request or query.
Disclaimer : Shriram Life POS Guaranteed Endowment (128N071V01)
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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.
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Tax benefits are subject to change as per tax laws. Please consult your tax consultant on tax benefits.
Read the policy document here