Guaranteed Benefits and Protection with Shriram Life Assured Advantage Plus
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Key Features of Shriram Life Assured Advantage Plus
Shriram Life Assured Advantage Plus has several notable features that make it an attractive plan. Have a look at the available features -
Affordable Single Premium
You have to pay the premium once, and you can enjoy coverage for 10 years without
any break. The single premium starts at ₹1 lakh making it affordable for you to buy the
Shriram Life Assured Advantage Plus.
Flexibility in Payouts
The demise and maturity payouts can be paid in instalments or lump sums per your
requirements. You can also choose from the monthly or annual instalment feature to
create a regular earnings stream.
Dual Coverage Options
There are two life cover options under the plan. The first allows coverage of 10 times
the single premium, while the other allows coverage of 1.25 times the single premium.
You can choose an option that matches your coverage needs.
Assured Benefits
The minimum death and maturity benefits are assured and immune from market
volatility so that you can get a secured corpus for your financial needs.
Additional Maturity Benefit Factor
Paying higher premiums makes you eligible for the additional maturity benefit factor.
This factor increases the maturity payout and gives you an enhanced corpus.
Policy Loan
The Shriram Life Assured Advantage Plus allows a loan for your financial needs. You can
get up to 80% of the surrender value as a loan and meet your obligations.