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Shriram Life POS Assured Savings Plan
When you explore the details within the POS Assured Savings Plan Brochure (UIN: 128N089V03), you will realise that Shriram Life POS Assured Savings Plan is your dedicated financial strategy for cultivating a cheerful and stress-free future.
Benefits of Shriram Life POS Assured Savings Plan
Shriram Life POS Assured Savings Plan ensures a death benefit for nominees if the policyholder passes away during policy term. If the policyholder survives until the term ends, the Maturity Sum Assured is paid in a lump sum.
Surrender Value
Upon policy surrender before maturity, the policyholder receives the higher of Special Surrender Value (SSV) and Guaranteed Surrender Value (GSV).
Loans
Policyholders can avail loans up to 80% of the surrender value, with a fixed annual interest rate of 8%, compounded semi-annually. The interest rate undergoes an annual review.
Alterations
Shriram Life POS Assured Savings Plan permits limitless adjustments to policy terms, premium payment terms and payment mode, effective from the next policy anniversary
Disclaimer
“For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale *Tax Benefits:”
