Frequently Asked Questions about Shri Suraksha Insurance

• In case of the demise of the Life Insured, the nominee gets the sum assured under the opted plan
• The sum assured keeps increasing from Rs 1,00,000/- by Rs 5,000/- every year until it reaches Rs 2,00,000/- in 20 years
• The sum assured would be paid out in 12 monthly instalments from the month of death of the life insured
• In case of accidents, an additional benefit of 50% of the Sum Assured will be pa`id in 12 equal monthly instalments from the end of the month of death or total permanent disability
• The policy will continue until the end of the policy term after paying the disability benefit. The policy holder has to pay the premium as per the contract and the basic cover will continue till the end of the policy term

No. There is no surrender benefit under the Shri Suraksha Insurance policy

The policy would lapse if the policy holder stopped paying the premium. A lapsed policy can be re-instated by paying the interest on all due premiums within five years

• Policy Number
• Estimated Loss/ Description
• Date & Time of the Accident
• Survey Location
• Contact Details

No. A loan facility is not available under this policy