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Features & Benefits of Shriram Life Early Cash Plan
Here are the features of the Shriram Life Early Cash Plan:
Life Cover
Protect your family against financial uncertainties that they might face, should something unfortunate happen to you. For additional protection, choose from the 7 rider options available with this plan.
2 Bonus Options – Early Cash and Super Growth
You can choose any of the above two bonus options under this plan.
With the Early Cash Option, you can receive cash bonus as annual income throughout the policy term as well as a lump sum at maturity, With Super Growth Option you can accumulate cash bonuses till maturity to receive a larger lump sum at maturity. Choose the option that suits your needs the best.
Cash Bonus guarantee
For both the options, the cash bonus is guaranteed to be minimum of 2% p.a of the Sum Assured for non whole life policies and 1% p.a. of sum assured for whole life policies, payable throughout the term of the plan.
Cash Bonus as Income from 1st policy month&
Cash bonus will be declared from 1st policy month till the end of the policy term. This helps you in managing your regular expenses.
Power of Compounding*
Bonuses are declared on Sum Assured and accumulated Early Cash Bonuses. Terminal Bonus (if declared) too is paid on accrued cash bonuses. This helps you save more towards your major financial goals and counteract the effects of inflation.
Disclaimer
For more details on risk factors, terms, and conditions please read the sales prospectus 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
The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”
BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS
- IRDAI is not involved in activities like selling insurance policies or financial products, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.