Shriram Life New Shri Life - One plan to get higher returns, rebates, and death coverage at lower premium payments.
Key Features of the Shriram Life New Shri Life
Here are the features listed below of the Shriram Life New Shri Life-
Premium Payments for a Limited Duration
You will pay only during the first half of the policy tenure and not till the policy maturity in Shriram Life New Shri Life.
Higher Savings with Reversionary Bonuses
An assured percentage of the sum assured gets added every year. You will receive this accrued bonus and the sum assured as the maturity or death cover.
High Sum Assured Rebates
For higher sum assured bands, you will receive discounts on premium payments. For a sum assured of ₹10,00,000 and above, a 5% discount is applicable.
Higher Death Cover
With Shriram Life New Shri Life, your family will receive a higher sum assured along with accrued reversionary bonus and terminal bonus (if any) upon the death of the life assured.
Extensive Cover through Riders
Shriram Life New Shri Life benefits include four rider benefits to receive enhanced life cover against demise, accidents, and illnesses.
Flexible Premium Payment Options
Four premium payment modes are available for you in Shriram Life New Shri Life: Monthly, Quarterly, Half-yearly, and Annual.