Shriram Life Wealth Plus

Shriram Life Wealth Plus (UIN: 128L036V02) is a unit linked insurance plan that protects your loved ones and ensures they are protected financially even when you are not around. It also helps grow your investments and maximizes returns on them thereby offering both savings and protection under a single plan.


  • Flexibility: short premium paying term option.

  • Risk Mitigation Auto Transfer option, Fund Switch option.

  • Liquidity: Partial Withdrawals, Surrenders.

  • Surplus Investment: Top-up premium option.

  • Address market volatility risk: Flexi Returns, Settlement option.

  • Tax benefits as per prevailing Tax rules


Maturity Benefits

On survival of the Life Assured up to the end of the policy term, the Benefit payable is:

  • The value of the units in the Life Assureds’ unit account plus
  • Top up fund value (if any)

Death Benefits

In case of death of Life Assured – if the policy is in force, the Death Benefit payable to the nominee(s) is:

  • Basic Sum Assured
  • The value of the units in the Life Assureds’ unit account
  • Top up sum assured (if any)
  • Top up fund value (if any)

The death benefit will be at least 105% of all the premiums including the top premiums paid.

If the policy is in discontinuance state, the death benefit payable to the nominee(s)is :

  • The discontinued fund value under the policy subject to a minimum guaranteed interest a rate prescribed by IRDA from time to time




7 Yrs


65 Yrs

(As on last birthday)

Maturity AGE


75 Yrs

(As on last birthday)

policy term (Yrs)

10 Years (or) 15 to 25 Years


  • Yearly
  • Half-yearly
  • Monthly
  • Quarterly



Same as policy term

Short ppt


RIDERS (Add Ons)

No riders available.


Disclaimer: Shriram Life Wealth Plus (UIN-128L036V02)

  • Unit Linked Life Insurance Products are different from the traditional insurance products, as in the former, the investment risk in the investment portfolio is borne by the policyholder.

  • ‘Shriram Life Insurance Company Limited’ is only the name of the insurance company and ‘Shriram Life Wealth Plus’ is only the name of the Unit Linked Life Insurance Contract and does not in any way indicate the quality of the contract or its future prospects of return.

  • Please know the associated risks and the applicable charges from your insurance agent or the intermediary or policy document of the insurer.

  • The various funds offered under this contract are the names of the funds and do not in any way reflect their quality, their future prospects and returns.

  • The premium paid in Unit Linked Life Insurance Policies are subject to investment risks associated with capital markets and the NAVs of the units may go up and down based on the performance of the funds and the factors influencing the capital market and the insured is responsible for his/her decisions.

  • Past performance of funds is no indicator of future performance, which may be different.

  • For more details on the risk factors, terms and conditions please read the sales brochure and/or sample policy document on our website carefully and/or consult our advisor.

  • Tax benefits are subject to change as per tax laws. Please consult your tax consultant on tax benefits.

Read the policy document here

Read the brochure here