The Shriram Life Pension Plans are available here. The People who want to buy the Life Insurance Plans can also check the Shriram Immediate Annuity Plan Details, eligibility criteria, Premium Amount, and so on.
Shriram Life Pension Plans
Hello Users, Are you confused in choosing the Pension Plan for your Parents?
Of course, the Shriram Life Pension Plan is the Best Plan for you. We know you may be worried about your Parents Life. Almost of those may be want to buy the Shriram Life Insurance Pension Plans. There is a plan called Shriram Immediate Annuity Plan providing by the Shriram Life Insurance Company Limited. The Shriram Immediate Annuity Plan is a traditional Life Insurance Plan. The Company is also providing a steady income after your retirement. The Shriram Immediate Annuity Plan is a Single Premium doesn’t provide any interest on the Purchase Amount. The Policyholders can get the series of payments at regular intervals without any restrictions on Purchase Payments. The Purchase Amount will be returned only on the death of the Annuitant to the Nominee.
This is the place where the users can get the full info of the Shriram Life Pension Plans. In addition to the Plan Details, we are also providing the Shriram Life Insurance Immediate Annuity Plan Premium Calculator for the purpose of the Insurance Assured. Read the Shriram Immediate Annuity Plan Broucher carefully to check each key point of the Policy. Because, sometimes you may get confusion in some areas.
Check Shriram Life Insurance Retirement Plan Details
The Shriram Life Insurance Company Limited is the joint venture between Shriram Group (74%) & Sanlam Group (26%). The Company was started in 2005 and initiated its business in the year of 2006. The Shriram Life is offering a wide number of Policy Plans for their customers. With the rise in Inflation, the Higher Monitory resources are needed for a comfortable life. Better to choose a Pension Plan to satisfy their needs.
Shriram Life Insurance Plans
First of all, you can verify the variety of plans available under the Shriram Life Insurance Company Limited. The Company is providing only one plan under the Pension Category. The customers who want to take the Shriram Life Pension Plans can check here for the Policies Details, Plan Eligibility, Mode of Payment and so on.
- Immediate Annuity Plan.
Shriram Immediate Annuity Plan
The Shriram & Sanlam Groups are combinedly offering a Pension Plan called Shriram Immediate Annuity Plan. The Plan contains many benefits. The Plan Info, Minimum and Maximum Purchase Price, Benefits, and Mode of Annuity Payment described clearly. Take the Shriram Immediate Annuity Plan to get the payments in a series. Shriram Pension Plan is a type of the Retirement Plan for the customers.
The Shriram Immediate Annuity Plan Unique Identification Number is 128N009V01. The users who want to buy the Shriram Life Insurance India Immediate Annuity Plan go through the Broucher for further more details. Purchase Amount will be returned to the Nominee upon the death of the Annuitant.
Key Features of Shriram Life Policy
Flexible to pay the Policy at the end of the year, half year, or quarter year after the purchase.
Benefits of Shriram Immediate Annuity Plan
- The annuity will be payable till the Annuitant is alive.
- Purchase Price will be returned upon the death without any interest.
- The Purchase Amount will be paid to the Nominee/ Beneficiary.
- There is an option called Free Look Period for the Sum Insured.
Eligibility Criteria for Shriram Life Immediate Annuity Plans
The Persons who aged between 40-75 years are eligible to buy the Shriram Life Insurance Immediate Annuity Plan. First of all, you have to check the Eligibility Criteria of the Plan which you want to take.
|1.||Age at Last Birthday||40 Years||75 Years|
|2.||Premium Amount||Rs. 50,000/-||No Restriction|
|3.||Premium Payment Options||Annual/ Half-yearly/ Quarterly-|
Further more details about the Shriram Life Immediate Annuity Plan will be given in detail in the Shriram Life Pension Plan Broucher.
Shriram Life Insurance Pension Plan Premium Calculator
The Shriram Life Insurance Company is providing a service called Premium Calculator for the ease of their Customers. The calculator will help the Policyholders to compute their Premium Amounts and Maturity Benefits. You need some details to calculate your premium. The Monthly premium Amounts to be paid, Policy Term, Sum Assured, Maturity Amount and Maturity Benefits can be calculated using the Shriram Life Premium Calculator.
- Name of the Policyholder.
- Email Id.
- Mobile Number.
- Age Proof.
- Policy Term.
- Sum Assured.
How to Buy Shriram Life Insurance Pension Plan?
The users can visit the nearest Shriram Life Insurance Branch Office to buy the Proposal form. You can also go through the online to purchase the Policy. Another way the People using is buying the Shriram Life Pension Plan through the Agent. First of all, the following documents needed to apply for the Shriram Life Insurance Pension Plan in addition to Proposal Form.
You must be ready with the following documents to buy the Shriram Life Insurance Pension Plan. Most of all users are preferring to buy the Immediate Annuity Plan in Online. Hence they don’t want to waste their precious time for waiting in Queue Lines.
- Application form/ Proposal form.
- Passport Size Photo.
- Age Proof.
- Address Proof.
- Medical reports (If required).
Shriram Life Insurance Immediate Annuity Plan – Claim Process
Nominees can claim for the Pension Plan after the death of the policyholder. The documents especially relevant required to claim for the Shriram Life Pension Plans are:
- Original Policy Document.
- Proof of title.
- Death Proof.
- Medical treatment documents before death.
- Age proof and
- Additional documents in case of death occurred due to unnatural or accidental death.
Shriram Pension Plans – Addition Info
The users can verify the further more information either from the current page or from the Plan Broucher. Download the Shriram Immediate Annuity Plan Broucher from the link provided above. Some features called Paid Up Value, Surrender value and Free Look Period for this plan. You can also verify the complete details in the below sections.
Paid-Up Value: The Pension Policy will not require any Paid-Up value of the Plan.
- No Loans granted under this Shriram Pension Plans.
- Doesn’t have any Surrender Value for this Policy.
Free Look Period:
- The Policyholder who doesn’t satisfied with the Terms and Conditions can return their Policy to the Company within 15 Days of Receipt.
- The Company will deduct the Expenses incurred by the Company for Issue of the Policy.