• AMPHAN CYCLONE CLAIMS HELPLINE (Toll Free No). “1800 3000 6116” (9 a.m to 8 p.m), Email: claimsupport@shriramlife.in.Please call us or email us to help you in faster processing of your claims. For more information,

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https://app.shriramlife.com/shriramgetaquote/summary

SHRIRAM LIFE POS ASSURED SAVINGS PLAN

As we get older, our responsibilities increase; responsibilities towards our elderly parents, spouse and children. We go from being dependents to having dependents of our own, and it is our responsibility to take care of them. But what would happen to them in our absence?

Life Insurance is the tool that will make sure your family is taken care of in your absence. Presenting Shriram Life POS Assured Savings Plan, which helps build your savings while ensuring your family is taken care of financially, even in your absence – and all of that available without any medicals.

KEY FEATURES

  • Life cover without medicals
  • Higher maturity benefit for higher premiums (as high as 181%*)
  • Life cover and Returns, fully assured upfront
  • Flexibility to change Policy Term and Premium Payment Term
  • Double cover on Accidental Death with Option 2

*of basic sum assured payable on maturity for age 5 years, Premium Payment Term of 8 years, Policy Term of 15 years, annualized premium of ₹ 25,000

KEY BENEFITS

Maturity Benefit#

In case of survival of the life assured up to the end of the policy term, provided the policy is in force, the Guaranteed# Maturity Sum Assured will be payable immediately in lump sum.

 

Guaranteed# Maturity Sum Assured = Maturity Benefit Factor X Basic Sum Assured

 

Where, Basic Sum Assured = Premium Paying Term X Annualized premium&

Death Benefit#

The death benefit depends on the plan option chosen and is paid to the nominee(s) or beneficiary(ies), provided the policy is in force.

#Eligibility

ENTRY AGE

Minimum

3^ Years

Maximum

55 Years

(Age last birthday)

MATURITY AGE

Minimum

18 Years

Maximum

65 Years

(Age last birthday)

BASIC SUM ASSURED

Minimum

₹ 40,000

Maximum

Subject to maximum Death Sum Assured of
₹ 10 Lakhs

POLICY TERM

10 / 15 Years

PREMIUM PAYING TERM

Regular

Equal to Policy Term

Limited

PT 10: 8 Years

 

PT 15: 8 / 10 Years

PREMIUM PAYMENT MODE

  • Yearly
  • Half Yearly
  • Quarterly
  • Monthly

PREMIUM

Minimum

Yearly ₹ 5,000

Half Yearly₹ 3,000

Quarterly₹ 1,500

Monthly ₹ 500

Maximum

Yearly ₹ 97,656

Half Yearly₹ 49,647

Quarterly₹ 25,040

Monthly ₹ 8,392

more

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.

&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
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/Dec 2020/37