Assurance of Savings and Security for Your Family and Children with the Shriram Life Genius Assured Benefit Plan
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Key Features of The Shriram Life Genius Assured Benefit Plan
Here are the features of the Shriram Life Genius Assured Benefit Plan:
You can be rest assured of the benefits available under this plan. The insured is paid a death benefit or maturity benefit. The Shriram Life Genius Assured Benefit Plan is a perfect option to save for your family and also ensure their future.
Comprehensive Life Insurance Coverage
You are paid the sum assured as a lump sum and also education support benefit in instalments.
If you make the full premium payment for two years and are unable to pay it thereafter, you become eligible for an auto cover of one year (i.e. for one year from the date of first unpaid premium)If the premium is not paid before the end of grace period, the auto cover will trigger immediately on expiry of the grace period.
Enhanced Protection via Riders
The policy holders are allowed to select riders. There are two riders namely, the accident benefit rider and the critical illness plus rider.
Education Support Benefits
You have two options for receiving education support benefits on maturity, either flat payout or increasing payout.