Protect Your Future Today with Shriram Life Golden Premier Saver Plan
Shriram Life Golden Premier Saver Plan Components
The premium of Shriram Life Golden Premier Saver Plan is calculated considering different components. There are four optional riders. You will have to pay an additional premium if you choose any rider. The riders are as mentioned.
Coverage is allowed for premature demise. A death benefit is paid if the insured dies during the policy term.
The policy has a maturity benefit if the insured survives the term. These savings also require an additional premium for the same.
Loading for Increased Risk
If there's an increased risk or if you choose the instalment premium option, there might be premium loadings.
Accident Benefit Rider
You get an additional sum assured in the case of accidental demise or permanent total disability during the term. Moreover, future premiums are waived in the case of a disability.
Shriram Life Critical Illness Plus Rider
There are 24 illnesses covered under the rider. If the insured suffers from any covered illnesses, the rider sum assured is paid.
Family Income Benefit Rider
1% of the sum assured is paid as monthly income till maturity or 10 years, whichever is higher if the insured suffers accidental demise or permanent disablement.
Extra Insurance Cover Rider
Premature demise is covered under the rider and an additional benefit is paid.
You get a rebate for choosing a high sum assured. So, if the sum assured is high, the applicable rebate is allowed, reducing the premium.