|
SHRIRAKSHA is a life insurance plan that combines security and savings. The premium is payable during the premium paying term at regular intervals. The total benefit payable to any policyholder during the policy term will equal two times the sum assured along with accrued bonuses.
|
|
Two times the sum assured along with vested bonuses will be paid and the policy comes to an end
|
|
Sum assured along with vested bonuses will be paid
|
|
Sum assured will be paid and the policy comes to an end
|
|
Simple reversionary bonus will accrue during the premium paying term.
|
|
The guaranteed surrender value under the policy will be equal to 30% of the total amount of premium paid excluding the premium for the first year, provided a minimum of three years premiums are paid and three years have elapsed from the date of commencement of the policy. The policy will not have any surrender value after the policy term.
|
|
Loan will be available up to 90% of the surrender value of policy. The company will determine the rate of interest to be charged on such loan amount from time to time.
|
|
Accident Benefit and Permanent Disability Benefit RiderFamily Income Benefit Rider
|