What Coverages are offered in the Shriram New Shri Life?

In case of survival of the life assured up to the end of the policy term, provided the policy is in force, the Basic Sum Assured + Accrued Reversionary Bonuses + Terminal Bonus (if any) will be paid.

In case of death of the life assured during the policy term,
provided the policy is in force, Sum Assured on Death + Accrued Reversionary Bonus (if any) + Terminal Bonus (if any) will be paid to the nominee(s) or beneficiary(ies).
Sum Assured on Death shall be higher of
• 10 times the Annualised Premium
• Basic Sum Assured

However, the Death Benefit will be at least 105% of All Premiums Paid till the date of death.