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

  • Self
  • Spouse
  • Child
  • Grand Child
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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


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

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 - ₹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


#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


  • 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.” 

    ARN: SLIC/Elec/Feb 2024/232