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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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  • 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

Limits

Plan Options

Option 1: Life Cover
Option 2:  Life Cover with in-built Accidental Death Benefit

Entry Age

Minimum:3 years (age last birthday)
Maximum: 55 years (age last birthday)

Maturity Age

Minimum: 18 years (age last birthday)
Maximum: 65 years (age last birthday)

Policy Term (PT)

7,10 & 15 years 
 

Premium Paying Term (PPT)

Regular –Equal to 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 Payment Mode

Yearly / Half Yearly / Quarterly / Monthly

Min Premium

Yearly - 8,000
Half Yearly – 4,500
Quarterly - 2,500  
Monthly – 1,000

Basic Sum Assured

Minimum: ₹ 40,000
Maximum: No Limit, Subject to Board approved underwriting policy
For POS – 20,70,390, Subject to Board approved underwriting policy and maximum Death Sum Assured of ₹ 25,00,000

 

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 prospectus carefully before concluding a sale.   

IRDAI Regn No: 128      
CIN No : U66010TG2005PLC045616 
ARN: SLIC/ELEC/July 2025/593    

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS

  • IRDAI or its officials do not engage in activities such as selling insurance policies or financial products, announcing bonuses, or investment of premiums. Members of the public who receive such calls are advised 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.” 

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