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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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Premium Components of Shriram Life Assured Savings Plan

The insurance company charges a premium for the risk of assuring the life of the policyholder. The premium is different for each policy depending on its components.

Sum Assured

Sum Assured

The premium is based on the sum assured. The higher the sum assured, the higher will be the premium

Death Benefit and Maturity Benefit

Death Benefit and Maturity Benefit

The policy provides a death benefit. That means it covers your life. Similarly, whenever there is a maturity benefit, the premium comprises a charge for that benefit

Risk Covered

Risk Covered

It depends on the risk attached to each policy holder's life. If there is more risk due to age or the type of activity one is involved in, the premium charged will be higher

Riders

Riders

If you select riders, an additional premium is to be paid for that. Because the riders provide enhanced cover. It will depend on the type of rider you select.

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.”