Shriram Life Wealth Pro Plan (UIN: 128L096V01)
What is Shriram Life Wealth Pro Plan?
Shriram Life Wealth Pro (UIN: 128L096V01) is a unit linked insurance plan that protects your loved ones and ensures they are protected financially even when you are not around. It also helps grow your investments and maximizes returns on them thereby offering both savings and protection under a single plan.
*In this policy, the investment risk in the investment portfolio is borne by the policyholder.
The Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of fifth year.
Features of Shriram Life Wealth Pro
Customized life cover
Multiple funds
Free of Cost - Fund Switch, Premium redirection, Auto Transfer option
Wealth Boosters
Premium Allocation
Liquidity
Eligibility
| Entry Age | Minimum - 30^ days Maximum Option I:55 years for policy term 15 and less; 50 years for policy term above 15 Option II :65 years for all policy terms (Age last birthday) |
|---|---|
| Maturity Age | Maximum 75 Years (Age last birthday) |
| Sum Assured | Minimum For entry ages below 50 years: 7X Annualized Premium& For entry ages 50 years and above:5X Annualized premium Maximum 10X Annualized Premium,subject to Board approved underwriting policy |
| Policy Term | 10 to 30 years (multiples of 1 year) |
Premium Components of Shriram Life Wealth Pro Plan
| Name | Description |
|---|---|
| Shriram Accidental Death & Disability Rider (UIN – 128A012V01) | 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 Accidental Death & Disability Income Rider (UIN – 128A013V01) | Apart from financial protection in case of accidental demise or disability, this rider also assures a regular income to the family of the insured person. |
| Shriram Critical Illness Care Rider (UIN – 128A014V01) | In case the insured person suffers from any of the pre-determined critical illnesses, then this rider provides financial protection to the insured person. |
Download Documents for Shriram Life Wealth Pro Plan
All the policy-related documents are easily available online on the website for the comfort and ease of all our customers. You can simply visit our website www.shriramlife.com go to the download section on the policy page and download the policy document, prospectus and presentation.
