|
|
|
|
|
|
|
Insurance Company
|
Shriram Life Insurance Company Ltd
|
|
Plan Name
|
Shriram Suraksha
|
|
Plan Nature
|
TRADITIONAL
|
|
Plan Category
|
Term Plan
|
|
UIN No.
|
128N014V01
|
|
About Plan
|
ShriSuraksha is an increasing Term Assurance plan that gives life cover for individuals. The premium is payable annually and life cover will be available after one year from the date of acceptance of the policy up to the end of the term.
|
|
|
|
|
|
|
|
Minimum Entry Age
|
25 Years
|
|
Maximum Entry Age
|
45 Years
|
|
Maximum Maturity Age
|
60 Years
|
|
Maximum Policy Term
|
60 Yeas
|
|
Minimum Sum Assured
|
Rs. 100000
|
|
Maximum Sum Assured
|
Rs. 200000
|
|
|
|
|
|
|
|
|
|
Benefits
|
|
|
| Particulars | Description |
|
Death Benefits
|
If death occurs after one year from the date of acceptance of the policy, but before the end of the policy term. Sum assured will be payable in 12 monthly installments from end of the month of death.
|
|
Loan against policy
|
No loans are available under this policy.
|
|
Surrender Benefit
|
This policy does not acquire any surrender value.
|
|
|
|
Tax Benefits
|
|
|
| Section | Description |
|
SEC 80 C
|
Under Section 80 C premiums up to Rs. 100,000 are allowed as deduction from taxable income.
|
|
SEC 10 (10)D
|
Maturity and Death Benefits are tax free under section 10 (10) D of the Income Tax Act, 1961.
|
|
|
|
|
|
|
|
|
|
|
|
ShriSuraksha is an increasing Term Assurance plan that gives life cover for individuals.The premium is payable annually and life cover will be available after one year from the date of acceptance of the policy up to the end of the term.
|
|
If death occurs after one year from the date of acceptance of the policy, but before the end of the policy term Or If death occurs due to accident or total permanent disability occurs due to accident at any time before end of the policy term:1) Then you will get the Sum assured defined above will be payable in 12 monthly installments from end of the month of death.2) If death or total permanent disability occurs due to accident at any time before end of the policy term, an additional benefit of 50% of the Sum Assured will be payable in 12 monthly installments from the end of the month of death or total permanent disability.3)The policy will continue till the end of the policy term after paying the disability benefit. The policyholder has to pay the premium as per the contract and the policyholder shall be entitled to death benefit in case ifhe dies before the end of the policy term.
|
|
Basic Sum Assured: Rs. 1,00,000/-Sum Assured payable on death: Rs. 1,00,000/- increased by Rs. 5000/- every completed policy year up to a maximum Sum assured of Rs. 2,00,000/-.
|
|
|
|
|
|
|
|
10-Jun-09
14:26
|
Increasing stake in Shriram Life Insurance : Sanlam
|
|
29-Jan-09
16:51
|
Insurers to inform consumer on bouncing of cheque
|
|
29-Oct-08
12:05
|
IRDA asks ULIP performance report
|
|
|
|
|
View another Plan
|
|
|
|
|
Insurance Company
|
|
|
|
|
Solution for
|
|
|
|
|
Type
|
|
|
|
|
Category
|
|
|
|
|
Plan
|
|
|
|
|
|
|