Shriram Life Group Superannuation Plan

Shriram Life Group Superannuation Plan

SHRIRAM LIFE GROUP SUPERANNUATION PLAN
Shriram Life Group Superannuation Plan is a non linked non participating variable fund based plan which can be taken by employers to manage the employee pension fund. The account can be maintained at an individual member level or at Master Policyholder level.

KEY FEATURES

1. Management and administration of Superannuation liabilities in a more efficient manner.

2. Assured Benefit on individual / pooled superannuation fund.

3. Minimum guaranteed interest rate of 1% P.A. for entire term of the policy.

4. Additional interest credits at end of each quarter.

5. Tax Benefits as per prevailing tax laws to both Employee and the Employer of the group.

KEY BENEFITS

Retirement Benefits

On retirement of the member as specified in the scheme rules.

Death Benefits

Immediately on death of the member as per scheme rules.