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SHRIRAM UJJWAL LIFE

Shriram Ujjwal Life (UIN-128L034V02) is a regular premium unit linked plan designed to help you with your financial goals for your child’s education, child’s marriage or a peaceful retirement. Beyond that, the plan also protects your living family against uncertain future events.

KEY BENEFITS

 

Maturity Benefits

On survival of the Life Assured up to the end of the policy term, the fund value including top up fund value(if any) will be paid on maturity.

 

Death Benefits

In case of death of the Life Assured, Sum Assured plus fund value plus top up sum assured along with top up fund value if any is payable to the nominee provided the policy is in force. The death benefit will be at least 105% of all the premiums including the top up premiums paid.In case of death of the life assured of a discontinued policy, the discontinued fund value subject to a minimum guaranteed interest as prescribed by IRDAI from time to time up to date of death will be paid to the nominee or beneficiary.

Eligibility

ENTRY AGE

Minimum

7 Years ^

Maximum

65 Years

(Age last birthday)

MATURITY AGE

Maximum

75 Years

(Age last birthday)

SUM ASSURED

Minimum

10 / 7 times the annualized premium

Maximum

Subject to underwritten policy.

POLICY TERM (Yrs)

10 Yrs (Fixed)

MINIMUM ANNUAL PREMIUM

Rs30,000

PREMIUM PAYMENT

Mode

Yearly

Term

Same as policy term

CALCULATOR

Click this link to calculate you premium.

RIDERS (Add Ons)

No riders available.

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Disclaimers:

  • For more details on the risk factors, terms and conditions please read the sales brochure and/or sample policy document on our website carefully and/or consult our advisor.
  • Tax benefits are subject to change as per tax laws. Please consult your tax consultant on tax benefits.