Shriram Life New Shri Life

Shriram Life New Shri Life

SHRIRAM LIFE NEW SHRI LIFE PLAN
Shriram Life New Shri Life Plan is a non linked participating endowment plan. Besides being a systematic savings option, the plan acts as a reliable protection tool to your family in the event of a mishap. Shriram Life New Shri Life Plan is ideal because of the potential upside of reversionary bonuses which may be added to your life cover year after year and also the maturity benefit.

KEY FEATURES

1. Reversionary Bonuses to enhance your savings and life cover

2. Multiple Premium Payment Options

3. Attractive high sum assured rebates

4. 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 Basic Sum Assured plus accrued Reversionary Bonuses plus Terminal Bonus (if any) will be paid.

Death Benefits#

In case of death of the life assured during the policy term, provided the policy is in force, Sum Assured on Death + Accrued Reversionary Bonus (if any) + Terminal Bonus (if any) will be paid to the nominee(s)/ beneficiary(ies).

Where Sum Assured on Death is higher of -

1. 10 times the Annualised premium&
2. Basic Sum Assured
However, the death benefit will be at least 105% of All Premiums Paid till the date of death