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Golden Jubilee Plan

Shriram Life Golden Jubilee
is an insurance plan
that combines protection
with investments

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FAQ's related to Shriram Life Golden Jubilee Plan

What is the free-look period under the Shriram Life Golden Jubilee plan?

After you receive the Shriram Life Golden Jubilee plan documents, you have a period of 15 days, also known as the free-look period, from the date of issuance of the policy to go through the terms and conditions. In case you disagree with any of the terms and conditions, you can return the policy within 15 days by stating the reason for doing so. Your cancellation request shall be processed and you will receive a refund if you have paid any insurance premiums within 15 days of receipt of the cancellation request. 

Am I eligible for tax benefits under the Shriram Life Golden Jubilee Plan?

You are eligible for tax benefits under the Shriram Life Golden Jubilee Plan.

When will my Shriram Life Golden Jubilee policy lapse?

Your Shriram Life Golden Jubilee policy will lapse if the renewal premium is not paid by the end of the grace period and the policy has not attained the surrender value. It is also known as the discontinuance of policy

How do I revive a lapsed Shriram Life Golden Jubilee plan?

If your Shriram Life Golden Jubilee plan has lapsed due to non-payment of the premium, it can be revived within three consecutive complete years from the date of the first unpaid premium.

Can I take a loan against Shriram Life Golden Jubilee plan? 

You cannot take a loan against Shriram Life Golden Jubilee plan. 

Will I have to pay additional GST on the Shriram Life Golden Jubilee plan?

You will have to pay additional GST charges on the Shriram Life Golden Jubilee plan premium payments.

What are the fund management charges under Shriram Life Golden Jubilee plan?

The fund management charges under Shriram Life Golden Jubilee plan are as follows:

 

Name of Fund

Fund Management Charges

Preserver, Defender

1.25%

Balancer, Maximus, Accelerator & Tyaseer

1.35%

Discontinued Policy Fund

0.50%

 

 What are the assets under which Shriram Life Golden Jubilee plan invests?

Assets under which Shriram Life Golden Jubilee plan invests vary according to the type of plan that you select. They include government securities, equity instruments and debt instruments.

How many times can I switch funds or redirect premium payments under the Shriram Life Golden Jubilee Plan?

You can switch funds or redirect premium payments unlimited times free of cost under the Shriram Life Golden Jubilee Plan.

How can I levy the rider charges under the Shriram Life Golden Jubilee Plan?

The rider charges will be levied by cancelling the appropriate number of units from the unit fund on a monthly basis under the Shriram Life Golden Jubilee Plan.

Can I withdraw the entire funds in a lump sum even if I have selected the instalment settlement option under Shriram Life Golden Jubilee Plan? 

You can withdraw the entire funds in a lump sum at any time even if you have selected the instalment settlement option under the Shriram Life Golden Jubilee Plan.

Disclaimer

For more details on risk factors, terms, and conditions please read the sales brochure carefully before concluding a sale.  

*Tax Benefits:  
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.  
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128  
CIN No : U66010TG2005PLC045616 of the Company

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