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Assured Savings Plan
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Key Features of Shriram Life Assured Savings Plan

Here are the features of the Shriram Life Assured Savings Plan:

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Life Cover without medicals

This plan provides life insurance coverage without the need for any medical tests, making it easier for customers to get the plan with a minimum premium of ₹500 monthly.

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Life Cover and Returns, Fully Assured Upfront

The plan provides both life insurance coverage and returns, which are fully assured upfront.

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Higher maturity benefit for higher premiums(as high as 183 %)

Disclaimer: This plan provides basic sum assured payable on maturity for age 5 years, Premium Payment Term of 8 years, Policy Term of 15 years, annualized premium of ₹ 1,00,000 for option 1.

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Double cover on Accidental

The plan provides double coverage for accidental demise if Option 2 of the plan is chosen.

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Flexibility to change Policy terms and premium payment

This plan allows customers to change their policy terms and premium payment during the policy duration, free of charge.

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Life cover available throughout the policy term

The plan provides life insurance coverage throughout the policy term to protect your family.

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.”