Shriram Life Cash Back Term Plan

• Life cover at reasonable rates
• All premiums are returned at the maturity of the policy
• Enhance protection by choosing appropriate riders
• Flexible premium paying terms
• Avail discounts on paying advance premium

Death Benefit

In case of unfortunate demise of the life insured during the policy term, the sum assured is paid to the nominee. The sum assured on death is higher of 10 times the annualized premium (if life insured is less than 45 years of age) and it is 7 times the annualized premium (if life insured is of 45 years and above). The death benefit will be at least 105% of all the premium paid.

Maturity Benefit

In case the life insured survives till end of the policy term, he/she is entitled to receive all the premiums paid excluding taxes, rider premiums, and additional premiums, if any.

Surrender Benefit

You will acquire a surrender value after paying all premiums for at least three policy years. You can acquire a surrender value after paying all premiums for at least two policy years in case the premium paying term is 5 and 7 years.

You can additional coverage by choosing the riders including, Accident Benefit Rider, Family Income Benefit & Critical Illness Cover.

Shriram Life Cash Back Term Plan is eligible for Tax benefits as stated:

• Premiums paid, qualify for tax benefits as per Section 80C of the Income Tax Act.
• Death benefit(s) are entitled for tax benefits as per Section 10 (10D) of the Income Tax Act.

(Subject to the provision stated therein.)