Shriram New Shri Vivah Plan is a traditional participating savings plan which is designed keeping in mind the huge expenses occurred in marriages. The plan provides enhanced benefits to tackle such expenses.
|
Minimum |
Maximum |
Entry Age (Last Birthday) |
18 years |
50 years |
Maturity Age (Last Birthday) |
- |
70 years |
Policy Term (PT) in years |
10 |
20 |
Premium Paying Term (PPT) in years |
7 |
20 |
Premium Paying Frequency |
Annual, half-yearly, quarterly, monthly |
|
Yearly Premium |
Depends on Sum Assured |
|
Sum Assured |
100,000 |
No limit |
Benefit Illustration for a policy term and PPT of 10 years
Age |
30 years |
40 years |
50 years |
Sum Assured |
200,000 |
200,000 |
200,000 |
Premium |
25,200 |
26,400 |
30,900 |
The following riders are available:
Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof and necessary KYC documents. Medical examination may be required in some cases, based on the sum assured and the age of the person.