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New Happenings

18 Jan’2009

Head Office Inaugurated at Indore

16 Jan’2009

Shriram EPC looks to enter coal-to-gas conversion business

05 Jan’2009

Shriram Transport Gears Up

Shriram Life Insurance

Shriram Life Insurance Company is the joint venture between the Shriram Group and the Sanlam Group.Sanlam Life Insurance Limited, a part of the Sanlam Group, is one of the largest providers of life insurance in South Africa with 3.2 million individual policies under administration. It has a significant presence across South Africa, United Kingdom and Namibia and is a major provider of life insurance, retirement annuities, saving and investment products, personal loans, home loans and trust services to individuals. The shareholder's funds of Sanlam Life equates to USD 4.4 billion.

New Product

Shriram Future Wealth is a regular premium unit linked plan; this plan can be used for achieving policyholders long term objectives (Children education, Children marriage, Retirement planning) with an adequate income plus Bonus units. Each year, units in the chosen unit fund will be allotted, and defined charges will be deducted by cancellation of units each year till the policy becomes a claim.

The plan can also serve as a systematic savings plan with insurance.

Products
SHRILIFE is a life insurance plan that combines security and savings. The premium is payable at regular intervals during the term of the policy. Life cover will be available throughout the policy term.	SHRINIDHI is a with-profits savings product offering liquidity along with life cover. The premiums are payable at regular intervals during the term of the policy and the policy term will always be a multiple of three years.	SHRIRAKSHA is a life Insurance plan that combines security and savings. The premium is payable during the premium paying term at regular intervals. The total benefit payable to any policyholder during the policy term will equal two times the sum assured along with accrued bonuses.
SHRIVIDYA is a life Insurance plan that provides security for the child's education. The premium is payable at regular intervals during the term of the policy. Life cover will be available throughout the policy term.	SHRIPLUS offers an unique opportunity to create large tax free savings to meet specific needs of an individual such as education/marriage of children or saving for retirement etc, through investment in different types of unit funds.	SHRILAABH is a life insurance plan that combines security and savings. The premium is payable only once but life cover will be available.
SHRI PLUS (SP) offers an unique opportunity to make large savings to meet specific needs of an individual such as Education/Marriage of children or saving for retirement etc, besides getting adequate insurance cover, through investment in different types of unit funds. Out of the single contribution made at the time of commencement of the policy, the units in the chosen unit fund will be allotted, after deducting the defined charges each year.	SHRI VIVAH is a life Insurance plan that provides financial support at the time of marriage of one's children. The premium is payable at regular intervals during the term of the policy. Life cover will be available throughout the policy term.	THE SHRIRAM IMMEDIATE ANNUITY PLAN It is an annuity plan that combines annuity and protection. The premium is payable only once but life cover will be available throughout the policy term.
ShriVishram Plan offers a unique opportunity to make large tax free savings to meet specific needs of an individual for retirement, besides getting adequate insurance cover, through investment in different types of unit funds. Each year, units in the chosen unit fund will be allotted, after deducting defined charges out of the contribution paid each year.	ShriVikash is a limited payment unit linked plan which makes large savings to meet specific needs of an individual, besides getting adequate insurance cover, through investment in different types of unit funds. Each year, units in the chosen unit fund will be allotted, and defined charges will be deducted by cancellation of units till the policy becomes a claim.	ShriSuraksha is an increasing Term Assurance plan that gives life cover for individuals.The premium is payable annually and life cover will be available after one year from the date of acceptance of the policy up to the end of the term.
ShriLife Plus is a Regular payment unit linked plan which makes large savings to meet specific needs of an individual such as education/marriage of children or savings for retirement, besides getting adequate insurance cover, through investment in unit funds. Each year, units in the chosen unit fund will be allotted, and defined charges will be deducted by cancellation of units each year till the policy becomes a claim.	ShriVidya Plus is a regular premium unit linked plan which makes large savings to meet specific needs of an individual to provide security for their child's education, besides getting adequate insurance cover, through investment in different types of unit funds. Each year, units in the chosen unit fund will be allotted, and defined charges will be deducted by cancellation of units each year till the policy becomes a claim.	ShriLaabh Plus is a Single Premium unit linked plan which makes large savings to meet specific needs of an individual, besides getting adequate insurance cover, through investment in different types of unit funds. Units in the chosen unit fund will be allotted, and defined charges will be deducted by cancellation of units each year till the policy becomes a claim.