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20 years
Shriram Life Premier Assured Benefit Plan (UIN: 128N094V05)

Shriram Life Premier Assured Benefit Plan (UIN: 128N094V05)

What is Shriram Life Premier Assured Benefit?

Shriram Life Premier Assured Benefit (UIN: 128N094V05), a Non-Linked Non-Participating Individual Life Insurance Savings Plan gives your Life Goals the advantage of guarantee* so that you continue to live life to the fullest, come what may. With two life cover options and three ways to receive pay-outs, this plan combines life insurance with guaranteed* returns. Choose a pay-out option according to your current financial goals.

Features and Benefits of the Shriram Life Premier Assured Benefit

high-income-earning

Two Life Covers

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Flexible Premium Payment Terms

meeting-financial

Protection with Benefits

flexibility

Pay-Outs Through Assured Savings

Save

Settlements in Lump-Sum or Instalments

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Rider Protection

Eligibility and Documents Required for Shriram Life Premier Assured Benefit

Eligibility Criteria

Limits

Age

Minimum: 0 days  
Maximum: 50 years (age last birthday)

Maturity Age

Minimum: 18 years (age last birthday)  
Maximum: 70 years (age last birthday)

Policy Term (In years)

Minimum of 10 years and maximum of 20 years

Premium Paying Term (In years)

 single 

6, 8, 10

 

 

Premium Payment Mode

Single, Monthly, Quarterly, Half-Yearly, and Annual

Premium Range

Minimum :
Limited Pay

 

Yearly

Half-Yearly

Quarterly

Monthly

Single pay

 

₹60,000

₹31,000

₹15,500

₹5,500

₹3,00,000

 

Maximum :
No limit, subject to board-approved underwriting policy

POS & CPSC - SPV

Maximum Maturity Age

65 years (age last birthday)

Maximum Premium

Both for Life and Life Plus Option -
Limited pay: ₹2,27,272  
Single pay: ₹20,00,000 (subject to board-approved underwriting policy)  
Maximum Death Sum Assured: ₹25,00,000

 

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Disclaimer

For more details on risk factors, terms, and conditions please read the sales prospectus carefully before concluding a sale.   

*Tax Benefits:   
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.   
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128   
CIN No : U66010TG2005PLC045616 of the Company

The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

  • IRDAI or its officials do not engage in activities such as selling insurance policies, announcing bonuses, or investment of premiums. Members of the public who receive such calls are advised to lodge a police complaint.

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