Shriram Pension Plan Review
Shriram Pension Plan is one of the Life Insurance Plan offered by Shriram Life Insurance. The Pension Plan Offered by Shriram Life is Shriram Immediate Annuity Plan. You can enjoy the golden period of our life by investing in a good pension plan. By taking the Shriram Life Insurance Pension Plan, Insured can lead a comfortable and respectable life after retirement. By the Shriram Immediate Annuity Plan, the Insured will not depend on anyone for the medical expenses and day to day needs. With a suitable Shriram Life Pension Plan, the Insured can get a constant flow of income even after retirement. This Plan is a Traditional non-Participating Life Insurance plan that provides a series of payments at regular intervals. The Payments are made to the Insured as long as the policyholder survives and returns the purchase price upon the death of Insured to the nominee. For more information regarding the Shriram Pension Plan, visit the official website of Shriram Life Insurance.
Shriram Life Insurance Company
Shriram Life Insurance Company Limited is the joint venture between the Shriram Group and the Sanlam Group. Shriram Group has 74% stake in the company and the remaining 26% by Sanlam Group. Shriram Life Insurance company is Head Quartered in Chennai. The company was established in 1974. Shriram group has 2600 branches, has more than 60,000 employees. Shriram Life was incorporated in 2005 and started its Business in 2006. Shriram insurance company is leading profitable company in the country. Sanlam is one of the leading financial company and was established in 1918. Sanlam group is Headquartered in South Africa near Cape Town. Both Shriram and Sanlam groups started their business in 2005. Manoj Kumar Jain is the CEO of Shriram Life Insurance Company. The Official Website of Shriram Life Insurance is www.shriramlife.com.
Shriram Life Pension Plan Details
The Insured can choose the Shriram Life Pension Plan as it provides no restriction on the maximum purchase price. The Policy Holder will receive the annunity till the annuitant is alive. On the occurrence of death of the Policy Holder, the purchase price will be returned without interest. For the Shriram Immediate Annuity Plan, there are some features, Benefits that are mentioned below. Shriram Pension Plan is a customized plan that can enclose almost any Retirement need you might have.
Shriram Pension Plan Benefits
Shriram Immediate Annuity Plan provides many benefits for the Customer. Following are the Benefits that are offered by Shriram Pension Plan.
- There are no restrictions on Maximum purchase price.
- Till the Annuitant is alive, the annuity is paid at regular intervals.
- The Purchase Price will be returned to the Nominee upon the death of the Insured without Interest.
- The Policy Holder can pay the annuity by quarterly or half yearly or annually.
- The Policy Holder is provided with a Free Look Period to cancel the Shriram Life Pension Plan.
- The Policy Does not acquire any Surrender Value or Paid up Value.
Shriram Immediate Annuity Plan Eligibility Criteria
The customers who wanted to buy this policy should know the eligibility criteria. These details are very useful for the customers to know the entry age, coverage term, and other details of Shriram Immediate Annuity Plan. The following table provides brief details regarding the Shriram Pension Plan.
| Minimum Entry Age | 40 years |
| Maximum Entry Age | 75 years |
| Minimum Purchase Price | Rs 50,000/- |
| Maximum Purchase Price | No Restrictions |
| Mode of Annuity Payment | At the end of an year, Half year or quarter. |
Shriram Immediate Annuity Plan Forms
Shriram Pension Plan requires the Proposal Form while buying the Shriram Pension Life Insurance Policy Offline. The customers may know the details using the product Boucher, policy document, etc. Required forms and documents to know the full details of Shriram Immediate Annuity Plan are available below.
Shriram Life Insurance Contact Details
For any queries call to the Shriram Life Insurance Customer care. (Or) Visit the nearest branch of Shriram Life Insurance Company.
Contact Details
Toll Free Number is 1800-3000-6116.
The official website of Shriram Life Insurance is www.shriramlife.com.
Shriram Life Insurance mail id is customercare@shriramlife.in.
Shriram Life Insurance Pension Plan Related Posts
Here, we are providing the related posts of Shriram Life Insurance Pension Plan. Click the below links, if you want to know the details about the Shriram Life Pension Plan Login, Shriram Life pension Plan Online Payment, Shriram Pension Plan Policy Status and forms.