SHRIRAM SMART SURAKSHA CARD - Suraksha apni jeb mein
Shriram Group Term Life Insurance (UIN-128N042V01)is a One Year Renewable Group Term Assurance plan that offers the options of lump sum death benefits or monthly income benefits in the event of death of a member.
Shriram Group Term Life Insurance is an affordable, easy-to-obtain financial security net for you and your loved ones. It pays a lump sum payment in case of unfortunate death helping your family to reduce their debts.
Lump sum benefit option:
Monthly income benefit option:
Lump sum benefit option: If the member dies, the sum assured will be paid to the nominee / legal heir as applicable.
Monthly income benefit option: if the member dies, the monthly income benefits will be paid to the nominee / legal heir as applicable from the 1st of the month following the month of death till the end of benefit payment period / retirement age whichever is applicable.
In case of death of the nominee while the monthly benefits are being paid, the remaining monthly installments will be paid to the legal heir. No further benefits will be paid after the retirement age or after the end of the benefit payment period whichever is applicable.
The benefits not available under this policy are Surrender Benefit, Loans and Maturity Benefits.
Minimum
14years
Maximum
79Years
(Age last birthday)
Maximum
80 Years
(Age last birthday)
Minimum
Rs.5,000per member for lump sum benefit
Maximum
Depends on Company’s Board approved underwriting policy
Click this link to calculate you premium.
No riders available.
Disclaimers: