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Life Protection and Simplified Savings with Shriram Life Growth Plus

Life Protection and Simplified Savings with Shriram Life Growth Plus

  • Self
  • Spouse
  • Child
  • Grand Child
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  • 15 Lakhs & Above
  • 10-15 Lakhs
  • 7-10 Lakhs
  • 5-7 Lakhs
  • Below 5 Lakhs
  • Male
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Shriram Life Growth Plus Eligibility and Documents

Age at Entry

Minimum: 30 days^
Maximum: 60 years (age last birthday)

Maturity Age

Minimum:18 Years
70 years (age last birthday)

Policy Term

10 ,15 to 20

Premium Premium Term

Limited-6 years,Regular-Same as policy term,Single-Single

Premium 

Minimum: 
Single- Rs. 50,000 for tenure of 10 years and Rs. 2,00,000 for tenure of 15 years and above 
Limited- Yearly: Rs. 60,000 Monthly: Rs. 6,000 
Regular- Yearly: Rs. 30,000 Monthly: Rs 3,500
 
Maximum: No limit, subject to Board approved underwriting policy.

Sum Assured

For entry ages below 50 years:
Minimum:
Single: Rs. 62,500
Regular: Rs. 2,10,000
Limited: Rs. 4,20,000

For entry ages 50 years and above:
Minimum:
Single: 55,000
Regular: 1,50,000
Limited: 3,00,000

Maximum Sum Assured: No Limit, subject to Board approved underwriting policy

Disclaimer

1. Unit Linked life insurance products are different from traditional life insurance products and are subject to the market risk factors.
2. The premium paid in Unit Linked life insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of the fund and factors influencing the capital market and the insured is responsible for his/ her decisions. 
3. Shriram Life is only the name of the Life insurance company and Shriram Life Growth Plus is only the name of the unit linked insurance contract and does not in any way indicate the quality of the plan, its future prospects or returns. 
4. Please know the associated risks and the applicable charges, from your insurance agent or the intermediary or policy document issued by the insurance company. 
5. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects or returns. 
6. The past performance of the fund options is not indicative of future performance of these funds.

#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.

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: U66010TG2005PLC045616
ARN: SLIC/Elec/March 2026/2436

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

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS
IRDAI or its officials do not engage in activities such as selling insurance policies, announcing bonuses, or investment of premiums. Members of the public who receive such calls are advised to lodge a police complaint.