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Shriram Life Family Protection Plan
The Family Protection Plan (UIN: 128N061V02) is not just insurance, it's a promise. It's the shield that protects and nurtures your family's future, ensuring that their dreams are fulfilled. With various coverage options, this Family Life Insurance Protection is an obvious choice
Benefits of Shriram Life Family Protection Plan
The Shriram Life Family Protection Plan presents a plethora of advantages that extend profound peace of mind to you and your family. This plan provides a robust safety net that guarantees financial security for your loved ones in times of need.
Upon Death
Under the Shriram Life Family Protection Plan, if the insured passes away during policy term, the nominees receive death benefits according to the plan's stipulations.
Lump-sum
By selecting the lump sum option within the Family Protection Plan Insurance, the death sum assured will be disbursed in one lump sum and the policy will be concluded.
Installments
If the insured passes away during policy term, 50% of sum assured is disbursed as a lump sum and the remaining is paid in five equal annual installments.
Disclaimer
“For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale *Tax Benefits:”