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Shriram Life Flexi Shield Plan Eligibility
Parameters | Minimum | Maximum |
Plan Options | 1. Shield | |
Age at entry* | 18 years | Life Stage Shield : 45 years |
Age at maturity* | SP & RP - 23 years | 85 years & |
Premium Payment Type | Single Pay, Regular Pay and Limited Pay | |
Basic Sum Assured | Rs. 10,00,000 | No Limit subject to Board approved underwriting policy (BAUP) |
Premium Payment Mode | Single Pay/ Yearly/ Half- Yearly/ Quarterly/ Monthly |
Policy Term (in Years) | Plan Options | Single Pay | Regular Pay | Limited Pay | ||||
Minimum | Maximum | Minimum | Maximum | Minimum | Maximum | |||
All Options | 5 | 67 | 5 | 67 | 10 | 67 | ||
Premium Payment Term (in Years) | Plan Options | Single Pay | Regular Pay | Limited Pay | ||||
Minimum | Maximum | Minimum | Maximum | Minimum | Maximum | |||
All Options | 1 | 67 | 5 | 67 | 5 | 20 |
*Any reference to age is as on last birthday | The plan option can be selected only at inception of the policy | For PoS, the Basic Sum Assured shall be in multiples of INR 50,000