Shriram life comes with a single premium unit linked insurance plan shriram ujjwal life (SP) to accomplish all your financial goals.
Features –
- Single premium mode
- Total transparency, so you know the amount of premium invested and can have a clear idea on investment return.
- Dual benefits of market linked return and insurance protection.
- Liquidity in the form of partial withdrawals and surrender benefits.
- Six funds to choose
- Rider option to provide additional protection.
- Flexibility to invest your surplus money in the form of Top-up premium.
Eligibility –
| Minimum age entry | 7 year age last birthday |
| Maximum age entry | 65 year age last birthday |
| Maximum maturity age | 75 year age last birthday |
| Policy Term | 10 years fixed |
| Minimum Sum Assured | |
| For age at entry below 45 years | 125% of the single premium |
| For age at entry 45 years & above | 110% of the single premium |
| Maximum Sum assured
|
Subjected to underwriting consideration
|
| Minimum Premium | Rs-35000 |
| Maximum Premium | No Limit |
| Premium Payment mode
|
Single
|
Benefits –
Death Benefits –
In case of death of the life assured before the end of the policy term, sum assured plus value of the units plus top sum assured (if any) along with top-up fund value (if any) will be paid.
Maturity Benefits –
On surviving up to the end of the term, the value of the units as on date maturity will be paid to the policyholder.
Know about more plans – Shriram Life Insurance
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Tags: Life Insurance, Shriram Life Insurance, Shriram Ujjwal Life SP