Shriram Grameena Suraksha (UIN: 128N057V02) is a non linked non participating term insurance plan. The plan is a micro insurance term plan and provides life cover at a low cost to the socially weaker sections of the society.
The plan offers life cover in two options:
Option I: Pure term assurance.
Option II: Term assurance with return of premiums on maturity.
Option I: In case of survival of the life assured up till the end of the policy term, no benefit is paid.
Option II: In case of survival of the life assured up till the end of the policy term, “Total Premiums paid” will be paid to the policy holder.
In case of death of the life assured during the policy term, “Death Sum Assured” will be paid to the nominee or beneficiary.
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.
(Age last birthday)
28 - 65Yrs
(Age last birthday)
Option I: ₹ 25,000
Option II: ₹ 17,000
10 / 15 Yrs (Fixed)
Option I: ₹ 750
Option II: ₹ 1,400
Option I: ₹ 6,720
Option II: ₹ 17,800
Same as policy term
Click this link to calculate you premium.
No riders available.
#Provided all the premiums are paid and the policy is in force.
&Annualised premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums, rider premiums, loadings for modal premiums, taxes and other statutory levies, if any.
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
IRDAI Regn No. 128
BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”
ARN – SLIC/Content/Dec 2020/47