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Shriram Life Investment

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Shriram Life Investment
Highlights
Claim Settlement Ratio95.82%
Customer Care24/7
In-House Claim SettlementAvailable
PresenceAcross country
RenewabilityLifelong
Special BenefitsAvailable

About Shriram Life Investment

Shriram Life Investment Plans will ensure your future financial stability. With these investment options, the policyholders can accomplish all their long- and short-term financial goals. Want to discover benefits, the process to apply, and more? Keep reading to find out all about Shriram Life traditional life insurance plans.

What Is an Investment Plan?

People might enjoy financial security thanks to investment plans. A variety of insurers offer a wide selection of investment alternatives to protect you at every stage of your life. There are some considerations you should make before selecting the best investment option. These parameters include premium, coverage amount, policy tenure, financial goals, and many others.

Benefits of Investment Plans

Shriram Life Investment Plans provides a commitment to quality to its policyholders. Many individuals put their trust in the company because it provides unique and the best life insurance plans. Want more reasons to invest in Shriram traditional life insurance? Discover them in the section below:

  • Financial crises can happen at any point in life. Therefore, investment strategies can bring comfort to you and your loved one.
  • Both short-term and long-term goals are feasible. For instance, you can simply invest in one of these traditional life insurance plans if you want to buy the house or car of your dreams.
  • Consider investing in one of the investment plans offered by Shriram Life if you wish to save money for your retirement or the future of your children. In addition to the base sum assured, these policies offer policyholders a simple reversionary bonus and a terminal bonus.
  • Some of the Shriram Investment plans also offer life insurance coverage. This means that if the insured passes away during the term of the policy, the insurance company will pay a death benefit, along with any additional bonuses earned, to the nominees.

Best Shriram Life Investment Plans 2023

The table below highlights some of the best investment options offered by Shriram Life Insurance:

Investment Plans

Entry Age

Max. Maturity Age

Policy Tenure

Sum Assured

Shriram New Shri Life Plan

30 days- 65 years

75 years

10- 25 years

Rs. 50,000- no limit

Shriram New Shri Raksha Plan

18- 55 years

75 years

10- 25 years

Rs. 1.5 lakh- no limit

Shriram Life New Akshay Nidhi Plan

30 days- 60 years

75 years

15- 25 years

Rs. 1.5 lakh- no limit

Shriram Secure Investment Plan

30 days- 60 years

65 years

5- 10 years

Rs. 49,600- no limit

Shriram Life Assured Income Plan

30 days- 50 years

60 years

8- 10 years

1.2 lakh- 50 lakhs

Process To Buy Shriram Life Investment Plans

Anyone who want to purchase Shriram investment plans can do it in a few easy steps. Here’s a step-by-step guide that will help you in the purchase of your life investment plan:

Documents Required To Buy Shriram Life Investment Plans

  • Address proof
  • Income proof
  • Age proof
  • Identity proof
  • Any other specific document asked by an insurance company

Steps You Need To Follow To Buy Shriram Life Investment Plans

  • Visit the official website of Shriram Life Insurance.
  • Go to the “Investment Plans” page under the “Investment” category.
  • Enter your personal details, such as name, age, gender, and other details.
  • Pick the traditional life insurance plan that you want to purchase.
  • Submit all the necessary documents.
  • Pay a premium online.
  • Shriram Life Investment plan policy document will be shared with your registered email id.

About Shriram Life Insurance Company

The key highlights for Shriram Life Insurance Company are highlighted below:

Parameters

Details

Established in

1974

Headquarters of the company

Chennai, Tamil Nadu

Official website

www.shriramlife.com

Helpline number

1800-103-2671

Factors To Consider When Purchasing Investment Plans

Future investments are important assets. As a result, there are several considerations you need to make while buying traditional life insurance coverage. Here are a few of these things to consider:

  • Future Objectives: It's critical to think about your long-term financial objectives. For instance, you should pick high-return investment plans if you wish to plan your retirement. However, you would fare better with short-term investing if you were to purchase a car.
  • Income: A person's ideal investing plan mainly depends on their yearly income. Compare the plans provided by the company before investing to select the one that best suits your requirements and financial situation.
  • Financial Dependents: Pick an investing plan that will guarantee your dependents' financial security even if you are not there. So, be sure to pick a plan that offers your family an appropriate degree of protection.
  • Liquidity: It's important to assess your policy's liquidity before buying an investment plan. Choose a plan with high liquidity to satisfy your financial needs.
  • Risk tolerance: It is important to take the investor's level of risk tolerance into account. In India, there are numerous traditional life insurance products available. You can evaluate these plans and purchase the one that is best for you based on your risk tolerance.
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