SMART SHIELD INSURANCES
Policy Name: Smart Shield Loyalty Benefit Plan
Policy Type: Non-linked, Non-participating, Loyalty Benefit Plan

Policy Summary

Daily Premium: 10 per day
Total Term: 365 days (1 year)
Total Premium Paid: 3,650
Maturity Benefit (After 365 Days): 2,50,000 (as Loyalty Bonus)

Key Benefits

Affordable Premium: Pay just 10/day.

High Return Loyalty Benefit: 2,50,000 Lakhs paid on completion of 1 year as a loyal customer.

No Medical Examination Required for individuals aged 18–45 years.

100% Digital Process: Apply, pay, and receive benefits online.

Eligibility Criteria

Age at Entry: 18 – 55 years

Policy Term: 1 Year (365 Days)

Premium Paying Mode: Daily (Auto-debit via UPI, ECS, or Bank Mandate)

Sum Assured: 2,50,000 (Payable on maturity if policy conditions are met)

COMPLIANCE & REGULATORY NOTES

All products offered by Smart Shield Insurances are subject to guidelines issued by the Insurance Regulatory and Development Authority of India (IRDAI).

This policy proposal is subject to approval under relevant IRDAI norms for micro-insurance and loyalty-based benefit plans.

Smart Shield Insurances is in the process of registration. Formal services will commence upon receipt of all required licenses.