SHRIRAM SMART SURAKSHA CARD - Suraksha apni jeb mein
Your child’s future is the most important concern for you. With the soaring educational expenses in today’s life, giving good education will be tough unless it is planned. We have Shriram New Shri Vidya (UIN: 128N051V02) plan designed for you to make your child’s aspirations come true. The plan offers survival benefits to adjust according to your child’s education requirements and also insurance cover in case of any unfortunate event happens to you.
In case of survival of the life assured up to the end of each of the last four years of the policy, provided all the due premiums have been paid, 25% of basic sum assured at the end of each of the last four years will be paid.
Accrued Reversionary Bonuses and Terminal Bonus (if any) will be paid at Maturity.
In case of death of the life assured anytime during the policy term, provided the policy is in force, the death benefit will be paid as mentioned below –
Sum assured on death
Accrued Reversionary Bonuses plus Terminal Bonus, if any, immediately on death.
Sum assured on death shall be higher of
basic sum assured plus additional death benefit
Additional death benefit is the discounted value at the end of the year
However the death benefit will be at least 105% of All Premiums Paid till the date of death.
The policy will not accrue any future bonuses after death.
Minimum
18 Years ^
Maximum
50 Years
(Age last birthday)
Minimum
28 Years
Maximum
70 Years
(Age last birthday)
Minimum
₹ 1Lakh
Maximum
No Limit, Subject to Board approved underwriting policy.
10
15
20
25
10
8,10,15
20
25
Click this link to calculate you premium.
You can opt any of the following Riders by paying additional premium.
In case of death or total and permanent disability due to accident during the rider term, we will pay 100% of the rider sum assured. Also, if the life assured becomes totally and permanently disabled in an accident, we will waive off all the future premiums under the policy. The benefit under this rider is applicable only once during the rider term.
In case of death of the life assured during the rider cover term, sum assured under rider will be paid to the nominee.
If you are diagnosed to be suffering from any of the 24 specified Critical Illnesses, we will pay 100% of the rider Sum Assured on survival of 30 days following the date of first confirmed diagnosis. This rider also gives you an upside of increments in your rider Sum Assured through Loyalty Additions.
Disclaimers:
#Provided all the premiums are paid and the policy is in force.
^Risk cover starts from date of commencement of policy for all lives including minors. In case of a minor life, the policy will vest in the Life Assured on attainment of age 18 years.
For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.
IRDAI Regn No. 128
CIN: U66010TG2005PLC045616
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/Elec/June 2021/61