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Shriram Life Flexi Shield Plan Eligibility
Parameters | Minimum | Maximum |
Age at entry* | 18 years | Shield option with Increasing & decreasing cover/Shield option with Life Goal/Life Stage Shield option: 45 years |
Age at maturity* | RP - 23 years | 85 years & |
Premium Payment Type | Regular Pay and Limited Pay | |
Basic Sum Assured | Rs. 10,00,000 | No Limit subject to Board approved underwriting policy (BAUP) |
Premium Payment Mode | Yearly/ Half- Yearly/ Quarterly/ Monthly | |
Policy Term (in Years) | Regular Pay | Limited Pay | ||||||
Minimum | Maximum | Minimum | Maximum | Minimum | Maximum | Minimum | Maximum | |
5 | 67 | 15 | 67 | 20 | 67 | 10 | 67 | |
Premium Payment Term (in Years) | Regular Pay | Limited Pay | ||||||
Minimum | Maximum | 10 | 15 | Pay up to age 60$ | ||||
5 | 67 | |||||||
*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
$ Minimum maturity age = 65 | Minimum Policy Term = 65 - age at entry
