images
Shriram Life New Shri Vivah (UIN: 128N050V01)

Shriram Life New Shri Vivah (UIN: 128N050V01)

SHRIRAM LIFE NEW SHRI VIVAH

Wedding is an auspicious and most awaited event in ones life. To make it more memorable it has to be well planned and that includes financial planning too. Our Shriram Life New Shri Vivah (UIN: 128N050V01) gives financial support to seek during this time. The Shriram Life New Shri Vivah plan also offers adequate double life insurance cover plus regular income apart from the maturity benefits.

KEY FEATURES

Sum assured at maturity along with bonuses.

Double life insurance cover plus a stream of monthly income on death to offset monetary losses.

KEY BENEFITS

protection-plan

Maturity Benefits

In case of survival of the life assured up to the end of the policy term and provided all the due premiums have been paid, basic sum assured plus accrued Reversionary Bonuses and Terminal Bonus, if any, will be paid.

accident-benefit-rider.

Death Benefits

In case of death of the life assured during the policy term, provided all the due premiums have been paid, the following benefits are paid to the nominee or beneficiary.

  • Sum assured on death
  • Accrued Reversionary Bonuses plus Terminal Bonus, if any, immediately on death

The accrued reversionary bonuses and the terminal bonus, if any, will be paid immediately on death. The policy will not accrue any future bonuses after death.

However the death benefit will be at least 105% of all premiums paid till the date of death excluding any extra and rider premiums and taxes.

ELIGIBILITY

ENTRY AGE Minimum 18 Years Maximum 50 Years (Age last birthday)
MATURITY AGE Maximum 70 Years (Age last birthday)
SUM ASSURED Minimum Rs. 1 Lakhs Maximum Subject to underwritten policy.
PREMIUM AND CORRESPONDING POLICY PAYMENT TERM (YRS) 10 15 20 10 7, 10,15 7, 10,20
PREMIUM PAYMENT MODE Yearly Half-yearly Monthly Quarterly

RIDERS (ADD ONS)

NameDescription
Accident Benefit Rider

Provides assistance to Life Assured, in the event of permanent / total disability due to an accident.

Extra Insurance Cover

Provides additional life cover against the payment of extra premium.

Critical Illness Cover

Provides a benefit to help cover medical and rehabilitation costs associated with critical ailments.

Downloads

Disclaimer

For more details on risk factors, terms, and conditions please read the sales brochure 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 FICTIOUS/FRADULENT OFFERS

  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.