Shriram Life Golden Premier Saver Plan Components

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. 

If there's an increased risk or if you choose the instalment premium option, there might be premium loadings. 

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.

There are 24 illnesses covered under the rider. If the insured suffers from any covered illnesses, the rider sum assured is paid.

 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. 

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.