Shriram Life Genius Assured Benefit Plan

Shriram Life Genius Assured Benefit Plan

ABOUT THE PLAN
As parents we aspire to provide what is best for our child's future. We work hard for our family's well-being and to provide for our child's aspirations. We support our children in every possible ways so that they can live a healthy and happier life.

We know that our decisions today will help in shaping future of our children. We earn and save money for difficult times and for future milestones, but have you ever imagined what will happen to your family and to your child in your absence. Have you planned for such uncertainties?

We understand your need of security and savings for your loved ones and we now present a customized solution, Shriram Life Genius Assured Benefit Plan. This plan ensures peace of mind by providing guaranteed financial assistance to your child and your family.

KEY FEATURES
1. Guaranteed# benefits

2. Maturity benefit that suits your child's higher education dream

3. Comprehensive life insurance cover

4. Flexibility in receiving Education Support Benefit on maturity

5. Auto Cover

6. Additional protection through Riders

KEY BENEFITS
Maturity Benefits#

In case of survival of the life assured up to the end of the policy term, provided the policy is in force, the following benefits will be paid:

1. Sum Assured plus
2. Education Support Benefit
The Education Support Benefit shall be paid as per the option (Flat Payout/Increasing Payout) chosen by the policyholder at inception of the policy. This option cannot be changed during the policy term. There is no option to take the benefits under Education Support Benefit in lump sum.

Death Benefits#

In case of death of the life assured within the policy term, provided the policy is in force, "Death Sum Assured" will be paid to nominee.

The policyholder can choose any of the following options for payment of death benefit.

1. Lump sum option
2. Installment option
This option shall be chosen at the time of proposal only and cannot be changed during the policy term.

ELIGIBILITY