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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
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  • 15 Lakhs & Above
  • 10-15 Lakhs
  • 7-10 Lakhs
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Shriram Life Growth Plus Premium Components

The premium components of Shriram Life Growth Plus are:

Insurance

Insurance

In case of the demise of the policyholder life insurance coverage provides financial protection. For this, you have to make regular premium payments. A portion of it goes towards life insurance.

Savings

Savings

Savings earn you benefits that you can have after maturity. It can be in the form of a lump sum or in instalments. 

Shriram Accidental Death & Disability Rider (UIN – 128A012V01)

Shriram Accidental Death & Disability Rider (UIN – 128A012V01)

In the event of an accident or the life assured becoming totally or permanently disabled due to an accident during the policy tenure, the assured will be paid the rider sum. 

Shriram Accidental Death & Disability Income Rider (UIN – 128A013V01)

Shriram Accidental Death & Disability Income Rider (UIN – 128A013V01)

 The rider is paid 1% of the rider sum every month if the life assured becomes totally and permanently disabled due to an accident before the end of the rider term. 

Shriram Critical Illness Care Rider (UIN – 128A014V02)

Shriram Critical Illness Care Rider (UIN – 128A014V02)

The rider provides protection against a set of pre-defined critical illnesses to the life assured. 

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/Mar 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.