Shriram Life POS Assured Savings Plan

Shriram Life POS Assured Savings Plan

SHRIRAM LIFE POS ASSURED SAVINGS PLAN
As we get older, our responsibilities increase; responsibilities towards our elderly parents, spouse and children. We go from being dependents to having dependents of our own, and it is our responsibility to take care of them. But what would happen to them in our absence?

Life Insurance is the tool that will make sure your family is taken care of in your absence. Presenting Shriram Life POS Assured Savings Plan, which helps build your savings while ensuring your family is taken care of financially, even in your absence - and all of that available without any medicals.

KEY FEATURES

1. Life cover without medicals

2. Higher maturity benefit for higher premiums (as high as 181%*)

3. Life cover and Returns, fully assured upfront

4. Flexibility to change Policy Term and Premium Payment Term

5. Double cover on Accidental Death with Option 2

*of basic sum assured payable on maturity for age 5 years, Premium Payment Term of 8 years, Policy Term of 15 years, annualized premium of Rs. 25,000

KEY BENEFITS

Maturity Benefit#

In case of survival of the life assured up to the end of the policy term, provided the policy is in force, the Guaranteed# Maturity Sum Assured will be payable immediately in lump sum.

Guaranteed# Maturity Sum Assured = Maturity Benefit Factor X Basic Sum Assured

Where, Basic Sum Assured = Premium Paying Term X Annualized premium&

Death Benefit#

The death benefit depends on the plan option chosen and is paid to the nominee(s) or beneficiary(ies), provided the policy is in force.

ELIGIBILITY