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

  • Self
  • Spouse
  • Child
  • Grand Child
Sticky Tab

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)
Maximum Maturity Age 65 years (age last birthday)
Policy Term 10 years and 15 years
Premium Paying Term Regular - Equal to the chosen policy term
Limited - For Policy Term of 10 Years: 8 Years
             - For Policy Term of 15 Years: 8,10 Years
Premium Mode Yearly, half-yearly, quarterly, monthly
Minimum Premium Yearly - ₹5,000
Half-Yearly - ₹3,000
Quarterly - ₹1,500
Monthly - ₹500
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


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

*Tax Benefits:  
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.  
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128  
CIN No : U66010TG2005PLC045616 of the Company

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


  • 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.