Shriram Life Premier Assured Benefit Eligibility and Documents Required

Eligibility Criteria

Limits

Age at Entry

Minimum: 0 days
Maximum: 50 years (age last birthday) for Life Plus Option
60 years (age last birthday) for Life option

Maturity Age

Minimum: 18 years (age last birthday)
Maximum: 70 years (age last birthday) for Life Plus option
75 years (age last birthday) for Life option

Policy Term

10 / 12 / 15 to 20 years

Premium Paying Term

For Policy Term of 10 years: 6 years and Single Pay
For Policy Term of 12 years: 6 years
For Policy Term 15 to 20 years: 6,8,10 years

Premium Mode

Single, Yearly, Half-Yearly, Quarterly, Monthly

Premium Range

Minimum:
Limited Pay
Yearly: Rs 60,000, Half Yearly: Rs 31,000, Quarterly: Rs 15,500 and Monthly: Rs 5,500
Single Pay
Rs 3,00,000
Maximum: No limit, subject to Board approved underwriting Policy