Savings Plan for your Better Future!
Save Big for Your Future and Keep your Loved Ones Protected with Shriram Life Savings Plans starting at just ₹500 per month
- Easy Claim Process
- Quick Disbursals
- Hassle-Free Purchase
FAQs on Shriram Life Savings Plans
Can I get the death or maturity benefit under Shriram Life Savings Plans as monthly regular earnings?
You can receive the death or maturity benefit as a monthly regular earning under the income benefit option covered in selected Shriram Life Savings Plans. You can also select whether to receive the benefit in a lump sum, as regular earnings or partly in a lump sum and partly as regular earnings.
Can I use the benefit received under Shriram Life Savings Plans for my son's marriage?
The benefit received under Shriram Life Savings Plans can be used as the policy holder pleases. For example, you might use the benefit to meet long-term commitments such as your child's education or their marriage.
Can I receive the payout under Shriram Life Saving Plans partly in a lump sum and partly as earnings?
The policy holder can choose to get payouts under Shriram Life Saving Plans partly in a lump sum and partly in instalments.
How do I change my Shriram Life Savings Plan nominee?
You are free to change the nominee in your Shriram Life Savings Plan during the policy tenure. Kindly fill out and submit a nominee change request form on the Shriram Life Insurance website with an application letter as well as KYC documents of the nominee.
Can I buy the Shriram Life Savings Plans online?
Policyholders can buy certain Shriram Life Savings Plans online on the insurer's website.
What is the survival benefit offered under Shriram Life Savings Plans?
Survival benefit is the benefit paid in case the life insured survives up until the end of the policy tenure. This benefit is paid out periodically and as a fixed percentage of the sum assured.