Shriram Life Secure Investment
Shriram Life Secure Investment (UIN: 128N048V01) is a one-time investment and insurance plan where you pay premium only once and get the dual benefit of a life insurance and investment return. This is an ideal plan to maximize the returns of your lump sum cash surplus.
KEY FEATURES
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Invest once and get guaranteed maturity benefit and also life cover.
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Reap the benefit of investments without the commitment of paying premiums regularly.
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Tax benefits as per laws.
KEY BENEFITS
Maturity Benefits
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.
Maturity benefit = Guaranteed maturity benefit factor multiplied by single premium.
Death Benefits
In case of death of life assured during the policy term, sum assured on death will be paid to the nominee or beneficiary.
Sum assured on death shall be higher of :
- 125% of single premium if age is less than 45 years
- 110% of single premium if age is 45 years and above
- Guaranteed maturity benefit
Eligibility
ENTRY AGE
Minimum
30 Days
Maximum
60 Yrs
Maturity AGE
Maximum
65 Yrs
SUM ASSURED
Minimum
Rs. 49,600 / Rs. 77,000
5 / 10 yr term
Maximum
Subject to underwritten policy.
POLICY TERM (Yrs)
5 / 10 Yrs (Fixed)
Minimum Annual Premium
Rs. 40,000 / Rs. 50,000 5 / 10 Yrs
Premium Paying term
- Single
Calculator
Click this link to calculate your premium.
RIDERS (Add Ons)
No riders available.
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Disclaimer
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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.
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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