Shriram Life Immediate Annuity Plus

What is Shriram Life Immediate Annuity Plus?

Shriram Life Immediate Annuity Plus is a non- linked and non-participating single premium immediate annuity assurance for individuals. The plan aims to provide a lifetime income stream post retirement. In exchange to the single purchase price paid, the plan provides with a stream of regular income in the form of an annuity for the whole life.


Who should buy this plan?

Shriram Life Immediate Annuity Plus Plan is an affordable, easy-to-obtain financial security net for you and your loved ones. It pays a lump sum payment in case of unfortunate death helping your family to reduce their debts.


Plan Annuity options:

  • Annuity for life
  • Annuity for life with return of 100% purchase price on death
  • Annuity for life increasing @ 3% p.a. simple rate
  • Annuity for life increasing @ 3% p.a. compound rate
  • Annuity certain for 5/10/15/20 years and thereafter for life
  • Joint life last survivor annuity with 50% annuity to last survivor on the death of the annuitant
  • Joint life last survivor annuity with 100% annuity to last survivor on the death of the annuitant
  • Joint life last survivor annuity with 100% annuity to last survivor on the death of the annuitant with 100% purchase price on death of the last survivor

We Call You Back

Submit the Enquiry Form or call us on our Toll Free:

CALL US :1800-3000-6116


Criteria Eligibility
Minimum Age At Entry 0 years
Maximum Age At Entry 85 years age last birthday
Maximum Age At Maturity Whole Life
Policy Term Whole Age
Premium paying term single
Premium mode single
Minimum Purchase price Rs.3,00,000. There is no minimum purchase
price/annuity for policyholders/nominees of
the company's deferred pension products to
offer the annuity benefits under this product.
Maximum Purchase price No limit , Subject to board approved underwriting policy

Renew Online

Now, Pay your Policy Premium Online through Credit / Debit Card or Netbanking.

Call Us @

1800-3000-6116


Shriram Family


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