Shriram Life Wealth Plus

Shriram Life Wealth Plus is an affordable, easy-to-obtain financial security net for you and your loved ones. It pays a lump sum payment in case of unfortunate death helping your family to reduce their debts.

Key Features

  • To facilitate flexible premium payment: Short premium paying term option.
  • To mitigate the investment risk: Auto Transfer option, Fund Switch option.
  • To invest surplus money: Top-up premium option
  • To liquidate fund: Partial Withdrawals, Surrenders.
  • To reduce risk of volatile market have flexi returns: Settlement option


  • Maturity Benefit:
On survival of the life Assured up to the end of the policy term, the Benefit payable is
1) The value of the units in the Life Assureds' unit account plus
2) Top up fund value (if any)
  • Tax Benefit
Tax benefits are subject to conditions specified under section 10(10D) and section 80C of the Income-tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant. Service Tax & Cess, as applicable shall be levied over and above premium amount shown here as per applicable tax laws.
  • Death Benefit
In case of death of life Assured - if the policy is in force, the Death Benefit payable to the nominee(s) is:
1) Basic Sum Assured plus
2) The value of the units in the Life Assureds' unit account plus
3) Top up sum assured (if any) plus
4) Top up fund value (if any)
The death benefit will be at least 105% of all the premiums including the top premiums paid.

Am I eligible?

ENTRY AGE 7 years 65 years
AGE OF MATURITY - 75 years
POLICY TERM 10 years 25 years
PAYMENT MODE Yearly, Half-Yearly, Quarterly and Monthly

What if?

I am unable to pay the premium

  • Grace period of 30 days will be provided

I want to take a loan

  • No Such option is available under this policy