This Plan is Closed for Sale (Serviced by Customer Service)
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.
KEY FEATURES
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Tax benefits as per tax laws.
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No commitment of paying premiums regularly.
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Guaranteed maturity benefit and life insurance cover.
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.
Guaranteed maturity benefit = maturity benefit factor multiplied by single premium.
Death Benefits
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:
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(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 Maturity.
- Guaranteed Maturity Benefit payable on Maturity.
Eligibility
ENTRY AGE
Minimum
8 Yrs
Maximum
65 Yrs
MATURITY AGE
Minimum
18 Yrs
Maximum
71 Yrs
Policy Term
5 / 6 / 10 Yrs
Premium Paying Term
Single
Premium
Minimum
Rs. 25,000
Maximum
No Limit*
MINIMUM SUM ASSURED
Amount
Rs. 39,000
Term
10 Yrs
Calculator
Click this link to calculate you premium.
RIDERS (Add Ons)
Accident Benefit Rider
Provides assistance to Life Assured, in the event of permanent / total disability due to an accident.
Family Income Benefit
Provides additional protection to the family for a nominal premium.
Critical Illness Cover
Provides a benefit to help cover medical and rehabilitation costs associated with critical ailments.
More
[shriram_riders_by_id riders_id=”2064,2070,2068″]
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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.