Shri Raksha Plan

Recommendations :No

Name of the policy :
Shri Raksha Plan

A brief desciption :

Shri Raksha is a traditional endowment plan catering to your savings and protection needs. It provides double the sum assured incase insured dies within the premium paying terrm while pays sum assured with vested bonuses if the insured dies after premium paying term. However just like other endowment plans lack of transperency and clarity, and loads of charges makes the plan worthless.

Started date :10/1/2006
Type of policy :Insurance cum investment
Category :Traditional-Endowment Plan
Insurance :Min-50,000 Max- No limit
Returns expected :Less than Fixed Deposit
Entry age :12-65 Years
Surrender :Guaranteed Surrender Value= 30% of all premiums paid - 1st year's premium

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Table of Contents