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Premium Components of Shriram Life Wealth Plus Plan
As the Shriram Life Wealth Plus is an endowment assurance policy, it provides you with the twin benefits of insurance and savings. This is the premium that you pay consists of up to three components:
Insurance
This portion of the premium goes towards providing financial protection to your loved ones in case of your unexpected demise during the tenure of the policy.
Savings
This portion of the premium goes towards generating wealth. You are allowed to invest in your desired scheme based on your savings preference and your goals.
Shriram Life Accidental Death and Disability Rider
This rider provides financial protection in case of the demise of the insured person due to an accident or disability due to the same.
Shriram Life Accidental Death and Disability Income Rider
Apart from the financial protection in case of accidental demise or disability, this rider also assures a regular income to the family of the insured person.
Shriram Life Critical Illness Care Rider
In case the insured person suffers from any of the pre-determined critical illnesses, then this rider provides financial protection to the insured person.