Shriram Life Sunishchit Laabh (UIN - 128N126V01)
What is Shriram Life Sunishchit Laabh ?
Shriram Life Sunishchit Laabh (128N126V01) A Non-Linked Non-Participating Individual Life Insurance Savings Plan. Life's uncertainties shouldn't hinder your dreams. With Shriram Life Sunishchit Laabh, embark on a journey towards securing your family's future while enjoying guaranteed long-term income.
Shriram Life Sunishchit Laabh gives you the advantage of financial security so that you continue to live life to the fullest, come what may.
With two income pay-out options, two life cover options, and loyalty additions this plan combines life insurance with guaranteed long term income up to 40 years.
Choose Shriram Life Sunishchit Laabh and ensure that your loved ones are protected, your goals are met, and your legacy is secure.
Features of Shriram Life Sunishchit Laabh
2 Life Cover options – Life & Life Plus
3 Ways to Receive Benefit Payout: – Income Plus, Income Pro & Lumpsum
Flexibilities to suit your financial needs anytime during the policy term.
Choice of Monthly, Quarterly, Half-yearly & Yearly payouts
Loyalty Additions
Additional benefit on Female lives
Shriram Life Sunishchit Laabh Eligibility and Documents Required
Eligibility Criteria | Limits | ||||||
Age at Entry | Minimum: 30 days Maximum: 60 years (age last birthday) | ||||||
Maturity Age (age last birthday) | Minimum: 18 years Maximum: 76 years | ||||||
Premium Paying Term (PPT) | 7 to 10 years (in multiple of 1 year) 15 to 25 years (in multiple of 5 years) | ||||||
Policy Term | For PPT 7 to 10 years – 11 years For PPT 15 to 25 years – PPT+1 years | ||||||
Maturity Benefit Payout Term | 10 to 40 years (Choice to receive maturity benefit in multiples of 5 years up to a maximum age of 101 years) | ||||||
Premium Payment Mode (with modal factors) |
| ||||||
Yearly | Half-Yearly | Quarterly | Monthly | ||||
1 | 0.5087 | 0.2566 | 0.0860 |
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The instalment premium will be divided by the modal factor as shown in the table above | |||||||
Premium Range | Minimum: | ||||||
Yearly | Half-Yearly | Quarterly | Monthly | ||||
₹30,000 | ₹15,500 | ₹8,000 | ₹3,000 |
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Maximum: | |||||||
Sum Assured | Minimum: 2,10,000$ Maximum: No limit, subject to Board approved underwriting policy. | ||||||
Download Your Shriram Life Sunishchit Laabh Documents Online
Shriram Life provides customers with the convenience of accessing their Shriram Life Life Sunishchit Laabh Plan documents online. You can easily download the policy prospectus, presentation and other relevant documents from the company's official website, www.shriramlife.com.
