Archive for July, 2009

Shriram Life-Shrilife.

Shrilife is a life cover plan which consist of security and savings. The premium is payable at regular intervals during the course of the policy. You will be insured throughout policy period.

Benefit:

Maturity/Death benefits-Sum assured plus bonus is been paid after that the policy gets end.

Survival benefit-Sum assured plus bonus is been paid.

Bonus: Simple reversionary bonus will grow in between the policy term.

Entry Age :35 years

Policy Period :15 years

Premium Payment :Yearly

Sum Assured :Rs.1,00,000

Eligibility Conditions:

Additional Benefits:-

1. Accidental Benefit Rider

2. Family Benefit Rider

loan:

Loan will be available after giving up to 90% of the surrender value of the policy. The company will regulate the rate of interest to be charged.

Tax Benefit:

Tax Benefit will be eligible for rebate as per sec.80C of the Income Tax Act, 1961. Benefits received from the life insurance policy are exempt from Income Tax under Sec 10(10 D) of the Income Tax Act, 1961.