Shriram Life Saving Plans Review, Endowment Plan Key Features, Benefits

Shriram Life Saving Plans Review

Shriram Life Saving Plans provides you minimum charges and thus offer the maximum benefits. You may have sufficient income to live your life comfortably but to lead a hassle-free life you need to save your income. As time Changes, your needs also increase. You may face Steadily increasing inflation, probable illness of old age, expenses for growing children along with various situations in future. To lead a secure and comfortable life, it is crucial to have a saving insurance plan provided by Shriram Life. Keep your savings growing and ensure complete peace of mind. Shriram Life Saving plans come in various kinds, giving the customer freedom to choose a plan that suits them the most offer flexibility for cash withdrawal.

There are two types of Saving plans offered by Shriram Life Insurance one is Shriram Life Traditional Endowment Plan, and another is Shriram Life Unit Linked Insurance Plans. For detailed information regarding Shriram Life Saving Plans, Refer the following content.

Why we need Shriram Life Saving Insurance Plan?

Shriram Life Saving Plans offers a reliable tool for increasing your funds and it offers a life cover to its Customers. Let us take a look at few reasons to why one should opt for a Shriram Saving Insurance plan.

• Shriram Life Savings Plan is one of most secure and systematic way of increasing your assets.
• Safeguard your investments and take care of the changing markets conditions By adapting Shriram Life Saving Plans.
• With this plan, you can get better returns for your savings.
• Shriram Life Assist you in the times of needs.
• The flexibility of the scheme allows you to choose an investment period.
• Your specific requirements at the right time.

Shriram Life Saving Plans Details

Shriram Life Saving Plans offer the best policies with a broad range of benefits for you and your family. Shriram Life Insurance offers various Savings plans for individuals, Family, etc. For all these Shriram Savings plans, there are some common features, Benefits that mentioned below. Shriram Life Saving plans offer customized policies that can enclose almost any need that you might have.

Shriram Life Insurance Saving Plans Benefits

• Death Benefit: If the insured had died within the policy period, then the sum assured will be payable to their family members or nominee chosen by the Insured.
• Maturity Benefit: Maturity benefit applicable to this Saving Plans insurance plan.
• Tax Benefit: You can get tax benefit on Shriram Life Saving Plans for premiums paid under Section 80C and Section 10(10D) of Income Tax Act 1961 for the death benefit received by the insured family members. For more information regarding Tax Benefits, visit www.taxqueries.in.
• Sum Assured on Death shall be higher: The sum assured on the death will vary from plan to plan.
• Survival Benefit: 25% of basic sum assured at the end of each of the last four years will be paid.

Shriram Life Saving Plans Key Features

• Life cover and reversionary bonuses.
• Sum assured at maturity along with bonuses.
• Limited and regular premium pay options.
• Attractive sum assured rebates.
• Settlement option to receive benefits in installments with the addition of interest.
• Additional protection riders.
• Tax benefits as per tax laws.

Shriram Life Saving Plans Riders

Riders offered by Shriram Life Insurance for Saving plans are mentioned below.

• Accidental Benefit Rider.
• Family Income Benefit Rider.
• Extra Insurance Cover.
• Critical Illness Cover.

For more information regarding the Shriram Life Saving Plans Features & Benefits, visit the official website: www.shriramlife.com.

Overview of Shriram Life Insurance Savings Plans

Shriram Life offers Ten Saving plans for the Individuals, Groups, and Couples. The Saving plans offered by Shriram Life have attractive features and benefits. Let us take a look at the overview of the Shriram Life Saving Plans products.

Shriram Life Saving Plans

1. Shriram Life Endowment Plans.
   • Shriram New Shri Life.
   • Shriram New Shri Raksha.
   • Shriram New Shri Vidya Plan.
   • Shriram New Shri Vivah Plan.
2. Shriram Life Investment Plans.
   • Shriram Wealth Plus.
   • Shriram Fortune Builder.
   • Shriram Ujjwal Life.
   • Shriram Ujjwal Life (sp).
3. Shriram New Akshay Nidhi.
4. Shriram Secure Investment.

Shriram Life Endowment Plans

Shriram Endowment Plan is a traditional Shriram Life Saving plans; it offers triple profit in one single plan- saving to the policyholders. Shriram Endowment Plans are suitable for those who want a guaranteed return. Shriram Life Endowment policy provides insurance coverage to the investor during the policy term. At the completion of the policy term, the insured receives back a sum of money. The maturity of the plan usually varies over a period of 10 years to 15 or 20 years. For more information regarding the Shriram Life Saving Plans – Endowment Plan, refer the following section below.

Shriram Life Investment Plans

Shriram Life Investment Plans presents you with the best of both the worlds, saving as well as the methodical increase in the assets. Investment Plans offered by Shriram is the part of Shriram Life Saving Plans. Whether you want to fulfill your long term goals or take care of your short-term responsibilities, Investment Plans are best for both kinds of requirements. With Shriram Life Investment Plans policyholder gets guaranteed returns as well as life cover. Investment Insurance Plans are One of the best ways to enhance your funds in the systematic pattern. For policy details check the links provided below.

Shriram Life Insurance Saving Plans Related Posts

We are providing the Shriram Life Saving Plans related posts Here. Click the below links to know the details about the Shriram Life Online Payment, Shriram Life Recruitment, Shriram Life Premium Calculator, Shriram Life Claim Forms, and Documents.