\u003Cspan>Plot No:31 & 32, Beside Union Bank Training Centre,\u003C/span>\u003Cbr />\u003Cspan>Financial District, Gachibowli,\u003C/span> \u003Cbr />\u003Cspan>Hyderabad-500032, India.\u003C/span>\u003C/p>"},{"title":"Helpline","heading":"Helpline","description":"\u003Cul>\u003Cli>\u003Ca href=\"tel:1800-103-5319\">Customer - 1800-103-6116\u003C/a>\u003C/li>\u003Cli>\u003Ca href=\"tel:1800-103-2671\">Agent - 1800-103-2671\u003C/a>\u003C/li>\u003C/ul>"}],"social_media_group":[{"title":"Follow us on","heading":"Follow us on","social_media":[{"title":"Facebook - Follow us on","icon":[{"media_img":null,"media_svg":"https://cdn.shriramlife.com/slic-kalam/files/2023-04/facebook.svg","media_svg_alt":"facebook","media_document":null}],"menu_link":{"url":"https://www.facebook.com/Shriramlife","text":"https://www.facebook.com/Shriramlife"}},{"title":"Twitter - Follow us on","icon":[{"media_img":null,"media_svg":"https://cdn.shriramlife.com/slic-kalam/files/2023-09/Twitter_X__1_%20%282%29.svg","media_svg_alt":"twitter","media_document":null}],"menu_link":{"url":"https://twitter.com/shriramlifeins","text":"https://twitter.com/shriramlifeins"}}]}],"app_group":[{"title":"Download App","heading":"Download App","Apps":[{"title":"Download App - Android","heading":"Android","icon":[{"media_img":null,"media_svg":"https://cdn.shriramlife.com/slic-kalam/files/2023-04/android.svg","media_svg_alt":"android","media_document":null}],"menu_link":{"url":"https://play.google.com/store/apps/details?id=com.svs.slic","text":"https://play.google.com/store/apps/details?id=com.svs.slic"}}]}],"copy_rights":"\u003Cp>© Shriram Life Insurance Co. Ltd. All the rights reserved. Registered with Insurance Regulatory & Development authority of India (IRDAI) as Life Insurance Company. Regn. No. 128. CIN: U66010TG2005PLC045616\u003C/p>"}],"headers":{"x-powered-by":["Express"],"x-frame-options":["SAMEORIGIN"],"content-type":["text/html; charset=utf-8"],"content-length":["15511"],"etag":["W/\"3c97-gBr5MgJ4AGipTofEPp/E/12zbGg\""],"vary":["Accept-Encoding"],"date":["Thu, 05 Dec 2024 13:53:15 GMT"],"connection":["keep-alive"],"keep-alive":["timeout=5"]},"status":200,"statusText":"OK","url":"http://127.0.0.1:4000/api/v1/footer","responseType":"json"},"2000778637":{"body":[{"title":"Shriram Life Assured Advantage Plus (UIN: 128N084V03)","heading":"Shriram Life Assured Advantage Plus (UIN: 128N084V03)","description":"","info_content":[{"title":"Shriram Life Assured Advantage Plus (UIN: 128N084V03) (Discontinued / Withdrawn Plan) ","heading":"Shriram Life Assured Advantage Plus (UIN: 128N084V03)","description":"\u003Cp>The Shriram Life Assured Advantage Plus (UIN: 128N084V03) is a non-linked, non-participating, savings-oriented life insurance plan that helps create a corpus with insurance protection.\u003C/p>"}],"download_section":[{"title":"More","heading":"More","description":"","document":[{"title":"Brochure","heading":"Brochure","document":[{"media_img":null,"media_svg":null,"media_svg_alt":"","media_document":{"url":"https://cdn.shriramlife.com/slic-kalam/files/2024-04/Brochure%20-%20Shriram%20Life%20Assured%20Advantage%20Plus%20V03.pdf"}}],"cta":null,"language":"ENGLISH"},{"title":"Presentation","heading":"Presentation","document":[{"media_img":null,"media_svg":null,"media_svg_alt":"","media_document":{"url":"https://cdn.shriramlife.com/slic-kalam/files/2023-08/V03-_Assured_Advantage_Plus_website_version_PPT.pdf"}}],"cta":null,"language":"ENGLISH"},{"title":"Policy Document","heading":"Policy Document","document":[{"media_img":null,"media_svg":null,"media_svg_alt":"","media_document":{"url":"https://cdn.shriramlife.com/slic-kalam/files/2023-08/policy-document-assured-advantage-plus-plan-offline.pdf"}}],"cta":null,"language":"ENGLISH"}]}],"eligibility_section":[{"title":"Eligibility","heading":"Eligibility","description":0,"cta":null,"plan_eligibility_info_group":[{"title":"Eligibility","heading":"Eligibility","eligibility_info":[{"title":"Eligibility","heading":0,"description":0,"eligibility_info_tab":"\u003Ctable class=\"table\">\u003Ctbody>\u003Ctr>\u003Cth>\u003Cp>ENTRY AGE\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I: 8 years to 40 years (age last birthday) Option II: 8 years to 60 years (age last birthday)\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Plan Options\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I - 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Review its features and benefits from when it was available.\",\"keywords\":\"\",\"canonical\":\"\",\"url\":\"\",\"robots\":\"noindex,nofollow\",\"og_description\":\"\",\"og_image\":[],\"og_title\":\"\",\"og_type\":\"\",\"og_url\":\"\",\"twitter_card\":\"\",\"twitter_description\":\"\",\"twitter_image\":[],\"twitter_title\":\"\",\"twitter_url\":\"\"}]","api/v1/disclaimer/shriram-life-assured-advantage-plus":"[]","http://127.0.0.1:4000/api/v1/disclaimer/shriram-life-assured-advantage-plus":"[]","api/v1/withdrawn-plan-detail/shriram-life-assured-advantage-plus":"[{\"title\":\"Shriram Life Assured Advantage Plus (UIN: 128N084V03)\",\"heading\":\"Shriram Life Assured Advantage Plus (UIN: 128N084V03)\",\"description\":\"\",\"info_content\":[{\"title\":\"Shriram Life Assured Advantage Plus (UIN: 128N084V03) (Discontinued / Withdrawn Plan) \",\"heading\":\"Shriram Life Assured Advantage Plus (UIN: 128N084V03)\",\"description\":\"\u003Cp>The Shriram Life Assured Advantage Plus (UIN: 128N084V03) is a non-linked, non-participating, savings-oriented life insurance plan that helps create a corpus with insurance protection.\u003C/p>\"}],\"download_section\":[{\"title\":\"More\",\"heading\":\"More\",\"description\":\"\",\"document\":[{\"title\":\"Brochure\",\"heading\":\"Brochure\",\"document\":[{\"media_img\":null,\"media_svg\":null,\"media_svg_alt\":\"\",\"media_document\":{\"url\":\"https://cdn.shriramlife.com/slic-kalam/files/2024-04/Brochure%20-%20Shriram%20Life%20Assured%20Advantage%20Plus%20V03.pdf\"}}],\"cta\":null,\"language\":\"ENGLISH\"},{\"title\":\"Presentation\",\"heading\":\"Presentation\",\"document\":[{\"media_img\":null,\"media_svg\":null,\"media_svg_alt\":\"\",\"media_document\":{\"url\":\"https://cdn.shriramlife.com/slic-kalam/files/2023-08/V03-_Assured_Advantage_Plus_website_version_PPT.pdf\"}}],\"cta\":null,\"language\":\"ENGLISH\"},{\"title\":\"Policy Document\",\"heading\":\"Policy Document\",\"document\":[{\"media_img\":null,\"media_svg\":null,\"media_svg_alt\":\"\",\"media_document\":{\"url\":\"https://cdn.shriramlife.com/slic-kalam/files/2023-08/policy-document-assured-advantage-plus-plan-offline.pdf\"}}],\"cta\":null,\"language\":\"ENGLISH\"}]}],\"eligibility_section\":[{\"title\":\"Eligibility\",\"heading\":\"Eligibility\",\"description\":0,\"cta\":null,\"plan_eligibility_info_group\":[{\"title\":\"Eligibility\",\"heading\":\"Eligibility\",\"eligibility_info\":[{\"title\":\"Eligibility\",\"heading\":0,\"description\":0,\"eligibility_info_tab\":\"\u003Ctable class=\\\"table\\\">\u003Ctbody>\u003Ctr>\u003Cth>\u003Cp>ENTRY AGE\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I: 8 years to 40 years (age last birthday) Option II: 8 years to 60 years (age last birthday)\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Plan Options\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I - Life cover = 10 times the single premium Option II - Life Cover = 1.25 times the single premium\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Policy Term\u003C/p>\u003C/th>\u003Ctd>\u003Cp>10 years\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Premium Paying Term\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Single premium\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Single Premium\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Minimum: ₹1,00,000 Maximum: No limit, subject to board-approved underwriting policy\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Sum Assured\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I - Minimum: ₹10,00,000 Maximum: No limit, subject to board-approved underwriting policy Option II - Minimum: ₹1,25,000 Maximum: No limit, subject to board-approved underwriting policy\u003C/p>\u003C/td>\u003C/tr>\u003C/tbody>\u003C/table>\u003Cp>For POS\u003C/p>\u003Ctable class=\\\"table\\\">\u003Ctbody>\u003Ctr>\u003Cth>\u003Cp>Entry Age Criteria\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I: 40 years (age last birthday) Option II: 55 years (age last birthday)\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Maximum Single Premium\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I - ₹1,00,000 Option II - ₹6,28,361, subject to board-approved underwriting policy and a maximum Death Sum Assured of ₹10,00,000\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Sum Assured\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I - ₹10,00,000 Option II - ₹7,85,451, subject to board-approved underwriting policy and a maximum Death Sum Assured of ₹10,00,000\u003C/p>\u003C/td>\u003C/tr>\u003C/tbody>\u003C/table>\"}]}]}],\"feature_section\":[{\"title\":\"Key Features of Shriram Life Assured Advantage Plus\",\"heading\":\"Key Features of Shriram Life Assured Advantage Plus\",\"description\":0,\"plan_feature_group\":[{\"title\":\"Pay premium only once \",\"heading\":\"Pay premium only once\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Pay premium only once\u003C/p>\"},{\"title\":\"Life Insurance for 10 years \",\"heading\":\"Life Insurance for 10 years\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Life Insurance for 10 years\u003C/p>\"},{\"title\":\"Guaranteed Returns after 10 years \",\"heading\":\"Guaranteed Returns after 10 years\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Guaranteed Returns after 10 years \u003C/p>\"},{\"title\":\"3 Maturity Benefit Options \",\"heading\":\"3 Maturity Benefit Options\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>3 Maturity Benefit Options \u003C/p>\"},{\"title\":\"Additional Protection through Riders \",\"heading\":\"Additional Protection through Riders\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Additional Protection through Riders \u003C/p>\"},{\"title\":\"Higher Maturity Benefit for Higher Premium Policies\",\"heading\":\"Higher Maturity Benefit for Higher Premium Policies\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Higher Maturity Benefit for Higher Premium Policies\u003C/p>\"}],\"cta\":null}],\"riders\":[],\"key_benefit_group\":[{\"title\":\"Key Benefits of Shriram Life Assured Advantage Plus\",\"heading\":\"Key Benefits of Shriram Life Assured Advantage Plus\",\"description\":\"\u003Cp>Key Benefits of Shriram Life Assured Advantage Plus\u003C/p>\",\"key_benefits\":[{\"title\":\"Death Benefit \",\"heading\":\"Death Benefit\",\"description\":\"\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">\u003Cstrong>Under Option I and II:\u003C/strong> In case of death of the life assured during the policy term, “Death Sum Assured” will be paid in lump sum to the nominee(s) or beneficiary (ies) and the policy is terminated.\u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\"> \u003Cstrong>Under Option II:\u003C/strong> The nominee(s) or beneficiary (ies) also have an option to receive the death proceeds in annual or monthly instalments and can change the option before the first instalment of death proceeds is paid. If the annual pay-out is chosen as death proceeds, then the annual instalments equal to 10% of (Single Premium Multiplied by the Maturity Benefit Factor) will be paid in for next 10 years starting from the date of death. If the monthly pay out is chosen as death proceeds, then the monthly instalment equal to 0.858% of (Single Premium Multiplied by the Maturity Benefit Factor) will be paid for next 120 months starting from the date of death. \u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">\u003Cstrong>“Death Sum Assured”\u003C/strong> is defined as highest of – \u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">• Basic Sum Assured\u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">• Guaranteed Maturity Sum Assured \u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">Where \u003Cstrong>Basic Sum Assured\u003C/strong> is equal to 10 times the single premium for Option I and 1.25 times the single premium for Option II. \u003Cstrong>Guaranteed Maturity Sum Assured\u003C/strong> is discounted value of the amount which is equal to the Single Premium multiplied by Maturity Benefit Factor payable in instalments using interest rate of 6.7% p.a\u003C/span>\u003C/p>\",\"icon\":[{\"media_img\":null,\"media_svg\":\"https://cdn.shriramlife.com/slic-kalam/files/2024-07/home.svg?VersionId=P0uf06x4BhORw1ZkuFqWrgTQUAO723Tx\",\"media_svg_alt\":\"\",\"media_document\":null}]},{\"title\":\"Maturity Benefit\",\"heading\":\"Maturity Benefit\",\"description\":\"\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">The policyholder is entitled to receive maturity benefit if he/she survives till the end of the policy term. The policyholder can choose to receive his maturity benefit from the following three options – \u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">• If the Annual Pay-out is chosen as income, then the annual instalments equal to 10% of (Single Premium Multiplied by the Maturity Benefit Factor) will be paid in for next 10 years starting from the date of maturity. \u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">• If the Monthly Pay-out is chosen as income, then the monthly instalment equal to 0.858% of (Single Premium Multiplied by the Maturity Benefit Factor) will be paid for next 120 months starting from the date of maturity.\u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">• If the policyholder chooses to receive the maturity proceeds as Lump sum, then Guaranteed Maturity Sum Assured equal to discounted value of instalments using interest rate of 6.7% p.a. will be paid on the date of maturity.\u003C/span>\u003C/p>\",\"icon\":[{\"media_img\":null,\"media_svg\":\"https://cdn.shriramlife.com/slic-kalam/files/2024-07/security.svg?VersionId=btq3MmYTMmU0r5IaOofSg1BQCiBsgaaH\",\"media_svg_alt\":\"\",\"media_document\":null}]}]}],\"breadcrumb\":[{\"slug\":\"/legal/withdrawn-plan\",\"label\":\"Withdrawn Plan\"},{\"slug\":null,\"label\":\"Shriram Life Assured Advantage Plus\"}]}]","http://127.0.0.1:4000/api/v1/withdrawn-plan-detail/shriram-life-assured-advantage-plus":"[{\"title\":\"Shriram Life Assured Advantage Plus (UIN: 128N084V03)\",\"heading\":\"Shriram Life Assured Advantage Plus (UIN: 128N084V03)\",\"description\":\"\",\"info_content\":[{\"title\":\"Shriram Life Assured Advantage Plus (UIN: 128N084V03) (Discontinued / Withdrawn Plan) \",\"heading\":\"Shriram Life Assured Advantage Plus (UIN: 128N084V03)\",\"description\":\"\u003Cp>The Shriram Life Assured Advantage Plus (UIN: 128N084V03) is a non-linked, non-participating, savings-oriented life insurance plan that helps create a corpus with insurance protection.\u003C/p>\"}],\"download_section\":[{\"title\":\"More\",\"heading\":\"More\",\"description\":\"\",\"document\":[{\"title\":\"Brochure\",\"heading\":\"Brochure\",\"document\":[{\"media_img\":null,\"media_svg\":null,\"media_svg_alt\":\"\",\"media_document\":{\"url\":\"https://cdn.shriramlife.com/slic-kalam/files/2024-04/Brochure%20-%20Shriram%20Life%20Assured%20Advantage%20Plus%20V03.pdf\"}}],\"cta\":null,\"language\":\"ENGLISH\"},{\"title\":\"Presentation\",\"heading\":\"Presentation\",\"document\":[{\"media_img\":null,\"media_svg\":null,\"media_svg_alt\":\"\",\"media_document\":{\"url\":\"https://cdn.shriramlife.com/slic-kalam/files/2023-08/V03-_Assured_Advantage_Plus_website_version_PPT.pdf\"}}],\"cta\":null,\"language\":\"ENGLISH\"},{\"title\":\"Policy Document\",\"heading\":\"Policy Document\",\"document\":[{\"media_img\":null,\"media_svg\":null,\"media_svg_alt\":\"\",\"media_document\":{\"url\":\"https://cdn.shriramlife.com/slic-kalam/files/2023-08/policy-document-assured-advantage-plus-plan-offline.pdf\"}}],\"cta\":null,\"language\":\"ENGLISH\"}]}],\"eligibility_section\":[{\"title\":\"Eligibility\",\"heading\":\"Eligibility\",\"description\":0,\"cta\":null,\"plan_eligibility_info_group\":[{\"title\":\"Eligibility\",\"heading\":\"Eligibility\",\"eligibility_info\":[{\"title\":\"Eligibility\",\"heading\":0,\"description\":0,\"eligibility_info_tab\":\"\u003Ctable class=\\\"table\\\">\u003Ctbody>\u003Ctr>\u003Cth>\u003Cp>ENTRY AGE\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I: 8 years to 40 years (age last birthday) Option II: 8 years to 60 years (age last birthday)\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Plan Options\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I - Life cover = 10 times the single premium Option II - Life Cover = 1.25 times the single premium\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Policy Term\u003C/p>\u003C/th>\u003Ctd>\u003Cp>10 years\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Premium Paying Term\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Single premium\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Single Premium\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Minimum: ₹1,00,000 Maximum: No limit, subject to board-approved underwriting policy\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Sum Assured\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I - Minimum: ₹10,00,000 Maximum: No limit, subject to board-approved underwriting policy Option II - Minimum: ₹1,25,000 Maximum: No limit, subject to board-approved underwriting policy\u003C/p>\u003C/td>\u003C/tr>\u003C/tbody>\u003C/table>\u003Cp>For POS\u003C/p>\u003Ctable class=\\\"table\\\">\u003Ctbody>\u003Ctr>\u003Cth>\u003Cp>Entry Age Criteria\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I: 40 years (age last birthday) Option II: 55 years (age last birthday)\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Maximum Single Premium\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I - ₹1,00,000 Option II - ₹6,28,361, subject to board-approved underwriting policy and a maximum Death Sum Assured of ₹10,00,000\u003C/p>\u003C/td>\u003C/tr>\u003Ctr>\u003Cth>\u003Cp>Sum Assured\u003C/p>\u003C/th>\u003Ctd>\u003Cp>Option I - ₹10,00,000 Option II - ₹7,85,451, subject to board-approved underwriting policy and a maximum Death Sum Assured of ₹10,00,000\u003C/p>\u003C/td>\u003C/tr>\u003C/tbody>\u003C/table>\"}]}]}],\"feature_section\":[{\"title\":\"Key Features of Shriram Life Assured Advantage Plus\",\"heading\":\"Key Features of Shriram Life Assured Advantage Plus\",\"description\":0,\"plan_feature_group\":[{\"title\":\"Pay premium only once \",\"heading\":\"Pay premium only once\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Pay premium only once\u003C/p>\"},{\"title\":\"Life Insurance for 10 years \",\"heading\":\"Life Insurance for 10 years\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Life Insurance for 10 years\u003C/p>\"},{\"title\":\"Guaranteed Returns after 10 years \",\"heading\":\"Guaranteed Returns after 10 years\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Guaranteed Returns after 10 years \u003C/p>\"},{\"title\":\"3 Maturity Benefit Options \",\"heading\":\"3 Maturity Benefit Options\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>3 Maturity Benefit Options \u003C/p>\"},{\"title\":\"Additional Protection through Riders \",\"heading\":\"Additional Protection through Riders\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Additional Protection through Riders \u003C/p>\"},{\"title\":\"Higher Maturity Benefit for Higher Premium Policies\",\"heading\":\"Higher Maturity Benefit for Higher Premium Policies\",\"sub\":\"\",\"icon\":[],\"cta\":null,\"sub_heading\":\"\u003Cp>Higher Maturity Benefit for Higher Premium Policies\u003C/p>\"}],\"cta\":null}],\"riders\":[],\"key_benefit_group\":[{\"title\":\"Key Benefits of Shriram Life Assured Advantage Plus\",\"heading\":\"Key Benefits of Shriram Life Assured Advantage Plus\",\"description\":\"\u003Cp>Key Benefits of Shriram Life Assured Advantage Plus\u003C/p>\",\"key_benefits\":[{\"title\":\"Death Benefit \",\"heading\":\"Death Benefit\",\"description\":\"\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">\u003Cstrong>Under Option I and II:\u003C/strong> In case of death of the life assured during the policy term, “Death Sum Assured” will be paid in lump sum to the nominee(s) or beneficiary (ies) and the policy is terminated.\u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\"> \u003Cstrong>Under Option II:\u003C/strong> The nominee(s) or beneficiary (ies) also have an option to receive the death proceeds in annual or monthly instalments and can change the option before the first instalment of death proceeds is paid. If the annual pay-out is chosen as death proceeds, then the annual instalments equal to 10% of (Single Premium Multiplied by the Maturity Benefit Factor) will be paid in for next 10 years starting from the date of death. If the monthly pay out is chosen as death proceeds, then the monthly instalment equal to 0.858% of (Single Premium Multiplied by the Maturity Benefit Factor) will be paid for next 120 months starting from the date of death. \u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">\u003Cstrong>“Death Sum Assured”\u003C/strong> is defined as highest of – \u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">• Basic Sum Assured\u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">• Guaranteed Maturity Sum Assured \u003C/span>\u003C/p>\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">Where \u003Cstrong>Basic Sum Assured\u003C/strong> is equal to 10 times the single premium for Option I and 1.25 times the single premium for Option II. \u003Cstrong>Guaranteed Maturity Sum Assured\u003C/strong> is discounted value of the amount which is equal to the Single Premium multiplied by Maturity Benefit Factor payable in instalments using interest rate of 6.7% p.a\u003C/span>\u003C/p>\",\"icon\":[{\"media_img\":null,\"media_svg\":\"https://cdn.shriramlife.com/slic-kalam/files/2024-07/home.svg?VersionId=P0uf06x4BhORw1ZkuFqWrgTQUAO723Tx\",\"media_svg_alt\":\"\",\"media_document\":null}]},{\"title\":\"Maturity Benefit\",\"heading\":\"Maturity Benefit\",\"description\":\"\u003Cp>\u003Cspan lang=\\\"EN-US\\\" lang=\\\"EN-US\\\">The policyholder is entitled to receive maturity benefit if he/she survives till the end of the policy term. 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