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Assured Savings Plan

Shriram Life Assured Savings Plan Your Savings Plan for a Stress-Free Future

Shriram Life Assured Savings Plan Your Savings Plan for a Stress-Free Future

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Shriram Life Assured Savings Plan Eligibility and Documents Required

To buy the Shriram Life Assured Savings Plan, you will need to fulfil the following eligibility criteria:

Eligibility Criteria

Limits

Age Criteria

Entry Minimum: 3 years (age last birthday) 
Maximum: 55 years (age last birthday)

Maturity Age

Minimum: 18 years (age last birthday)

Maximum: 65 years (age last birthday)

Policy Term

7 ,10, 15 years

Premium Paying Term

Regular - Equal to the chosen policy term 
Limited - For Policy Term of 7 Years: 5 Years 
             - For Policy Term of 10 Years: 5, 8 Years 
             - For Policy Term of 15 Years: 8, 10 Years

Premium Mode

Yearly, half-yearly, quarterly, monthly

Minimum Premium

Yearly - ₹8,000 
Half-Yearly - ₹4,500 
Quarterly - ₹2,500 
Monthly - ₹1000

Basic Sum Assured

Minimum - ₹40,000 
Maximum - Subject to Board approved underwriting policy and maximum Death Sum Assured of ₹25,00,000

Plan Options

Option 1 - Life Cover 
Option 2 - Life Cover with in-built Accidental Death Benefit

Disclaimer

#Provided all the premiums are paid and the policy is in force.   

^Risk cover starts from date of commencement of policy for all lives including minors. In case of a minor life, the policy will vest in the Life Assured on attainment of age 18 years.   

&Annualised premium shall be the premium payable in a year chosen by the policyholder, excluding the underwriting extra premiums, rider premiums, loadings for modal premiums, taxes and other statutory levies, if any.

For more details on risk factors, terms, and conditions please read the sales brochure carefully before concluding a sale.   

IRDAI Regn No: 128     
CIN No : U66010TG2005PLC045616
ARN: SLIC/Elec/Sep 2024/253    

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS

  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint. 

    The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”