Factors to Consider While Choosing Shriram Life Investment Plans

Shriram Life Investment Plans have monthly premium paying modes, while others have single premium payments throughout the tenure. The plans with single premium payments might come with a higher premium amount as you pay it only once. However, these premium payments are also linked to your assured gains. Hence, please make sure you select the plan after checking the premium paying modes and the minimum premium amount that's flexible and convenient for you. 

This will be useful in managing your financial commitments smoothly while building a huge resource for the future.

While all Shriram Life Investment Plans provide death benefits, some plans like Shriram Life Growth Plus have dual demise coverage options. Selecting this will ensure that your family ends up with the highest death sum after your demise. You should also notice if the death sum assured will include top-up amounts, if any. 

All these will help you receive the maximum benefits to give financial support to your family in testing times.

All Shriram Life Investment Plans come with multiple saving strategies for buyers. You should also check if you can switch from one unit to another over the period of the policy tenure. It's essential to keep your funds deployed in units that perform well in the market. 

Plans like Shriram Life Growth Plus come with a premium redirection option. This can help you develop a visionary mindset by choosing to redirect your future savings.

All Shriram Life Investment Plans have similar policy tenures. You can select a tenure that's suitable for your growth. A higher tenure can generate higher gains for saving plans as the fund value payable is linked with market performances too.

The future is unpredictable. But you can be prepared as much as you can with additional protection options like riders. You can select one of the suitable riders at an affordable additional premium to gain additional coverage.