Shriram Life Insurance

Marking its presence since 2005, Shriram Life Insurance Company came into operation in 2006. Abiding by the Group's philosophy of financial inclusion, the Shriram group has remained synonymous with its efficient capital use and lower operation cost. With 529 offices across the nation, Shriram Life Insurance Company is dedicated to rendering 100 percent customer satisfaction.

The company has bagged several awards, namely Businesswoman of the Year 2018, Indian Insurance Award for Non-Urban Coverage, and Best Life Insurance Policy Award. The company works to reach out to the common man with their efficient quality products and services. Operational efficiency, a strong focus on customer satisfaction, and integrity have supplemented the company to cater to millions of connected Indians' financial needs. High-quality and cost-effective services have been the prime factors for driving the organization on the path of prosperity.

Types of Shriram Life Insurance Plans

Shriram Life Insurance Company is a hub of a broad category of affordable life insurance plans. Shriram Life insurance Policy details are listed below:

1. Savings Plans: The savings plans offered by Shriram Life Insurance Company are varied and designed keeping in mind the requirements of the policyholder. The savings plans usually are designed to give an assured return in the future or cover in times an unforeseen need. The plans include Shriram Life POS Assured Savings Plan, Shriram Life Golden Premier Saver Plan, Shriram Life Super Income Plan, Shriram Life Assured Advantage Plus, Shriram Life Genius Assured Benefits Plan, Shriram Life Assured Income Plan, Shriram Life New Akshay Nidhi, Shriram Life Assured Income Plus, Shriram Life New Shri Life and Shriram Life New Shri Vidya.

2. Investment Plans: Investment plans are Unit Linked Plans that are offered by Shriram Life Insurance. These provide life cover and financial protection at the same time. The first plan is Shriram Life Growth Plus which can also be taken on other’s lives like spouse or children. The second plan is Shriram Life Fortune Builder which is a single premium plan designed for people who cannot sustain year-round cash flow to keep paying yearly premiums. The last plan is Shriram Life Wealth Plus. The plan is designed to provide life cover and financial protection. It also helps you grow your money.

3. Protection Plans: These plans are specially designed to protect your loved ones. Among these plans is also a plan for Corona. The plans have been designed keeping in mind the affordability of premiums. The plans include Shriram Life My Spouse Term Plan, Shriram Life Smart Protection Plan, Shriram Life Smart Protection Plan SP, Shriram Life Cash Back Term, Shriram Life Family Protection, Corona Rakshak Policy and Shriram Life Saral Jeevan Bima.

4. Retirement Plans: These plans by Shriram Life Insurance are specially made for you to have financial security after retirement. The plans are made keeping in mind your monthly expenses and affordability. The plans include Shriram Life Pension Plus and Shriram Life Immediate Annuity Plus.

5. Microinsurance Plans: There is only one plan in this category which is Shriram Grameena Suraksha Plan. The plan is a non-linked non-participating scheme designed to provide life cover to economically weaker sections of society.

6. Group Plans: These plans are designed for the entire company and provide a fixed cover. Group plans by Shriram Life Insurance include Protection Plans, Employee Benefit Plans, Special Plans, and Microinsurance Group Plans.