Shriram Life’s Premier assured benefit rides on guaranteed benefits, superior returns and comprehensive life cover options  

Hyderabad, October 31, 2022: Shriram Life Insurance has launched a new plan called Shriram Life Premier Assured Benefit. The plan is aimed at helping individuals aged 30 days to 50 years meet their recurring needs and achieve their major financial goals in life. This is a non-participating life insurance savings plan that offers attractive guaranteed returns.
 
The plan comes with Income and Settlement payout options. The unique feature of the plan lies with the ‘Life Plus’ coverage, wherein survival benefits are paid to the family as scheduled even after the life assured’s death. These benefits are paid over and above the Death Sum Assured. This signature cover provides selected pay out benefits without any burden of premium payment on the beneficiaries if the life assured dies during the premium paying term.
 
Speaking at the launch of the Premier Assured Benefit plan, Casparus Kromhout, MD & CEO of Shriram Life Insurance said, “We are thrilled to add this one-of-a-kind Guaranteed Savings Insurance Plan to our ever-expanding product bouquet. This new plan offers tax-free benefits and assists employees, professionals, business persons and entrepreneurs in achieving their long-term objectives with guaranteed and attractive returns. Given the true purpose of life insurance, this plan provides Life Plus coverage for the entire duration of the policy and ensures the insured family's financial security even after unexpected and unfortunate events.”