Features and Benefits of Shriram Life Child Plans

The life assured receives coverage during the policy tenure for the premium paid. You can be worry-free once you buy this plan and make the premium payments regularly. The nominee shall receive the benefits under these plans in case the policy holder passes away during the policy tenure. Protecting one's family is the sole purpose of these plans in case any unfortunate events take place. The sum assured under Shriram Life Child Plans starts at ₹1 lakh and you are free to select a higher sum assured of your choice. 

Shriram Life Child Plans usually come with monthly, quarterly, half-yearly and yearly premium payment options. Please select the mode that best suits your financial planning.

The duration for which you pay the premium to continue the policy is called the premium paying term. There are various plans and they provide different premium paying terms which can be shorter than the policy tenure as well. Policyholders can select the premium paying term as per their choice, ranging from a minimum of 5 years to a maximum of 25 years.