A life insurance cover helps you secure the financial future of everyone dependent on your income in the event of your death. Nobody can help overcome the loss of a dear one, but imagine that along with this loss the surviving members of the family are hard-pressed to maintain their lifestyles because they were partially or fully dependent on the income of the deceased. Getting an adequate life cover is absolutely essential if the sum of the total value of your assets (other than the home you stay in) less your total liabilities (including any home loan, car loan or personal loan you might have outstanding) is less than 150 times your current monthly expenses. The shortfall would be the recommended amount of life cover you should seek. At ApnaPaisa, we help you reach out to a maximum of 5 service providers who will propose alternative plans that you can compare based on:
- Life Cover (also known as Sum Assured)
- Annual Premium
- Additional Riders Offered
Often customers get lured into combining their life cover requirements with an investment objective. We do not recommend this approach because it is always a lot more affordable to opt for a term insurance policy and invest the savings on the annual premium into any savings instrument of your choice - be it PPF, Fixed Deposits, Mutual Funds or even shares.
Shrilife
Features: Life insurance plan that combines security and savings.
General Exclusion: Suicide within one year form the date of issue of the policy.
Min-Max Age: 65
Max Age at Maturity: 75
Min-Max Tenure: 25
Grace Period: 30 days
No. of riders: 2
Comparison Of Shriram Life plans with similar plans
| Plan | Min Premium | Bonus Declared? | NAV Declared? | Loan Available? | Tax benefit? |
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Plans shortlisted by you
Shrilife sss
1900
| Shrilife sss | 1900 |
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Similar plans from Other Companies
INSTALife
2500
| INSTALife | 2500 |
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Anmol Suraksha
1000
| Anmol Suraksha | 1000 |
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Assure Golden Years Plan
2500
| Assure Golden Years Plan | 2500 |
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Assure Security and Growth Plans
2500
| Assure Security and Growth Plans | 2500 |
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Shubh Nivesh
6000
| Shubh Nivesh | 6000 |
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Reassuring Life Endowment Plan
6000
| Reassuring Life Endowment Plan | 6000 |
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Assure
4000
| Assure | 4000 |
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Endowment Assurance (L.P)
2000
| Endowment Assurance (L.P) | 2000 |
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Endowment Assurance (S. P)
16000
| Endowment Assurance (S. P) | 16000 |
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Jeevan Pramukh
| Jeevan Pramukh |
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Jeevan Mitra (Triple Cover Plan)
1700
| Jeevan Mitra (Triple Cover Plan) | 1700 |
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New Janaraksha Plan
1600
| New Janaraksha Plan | 1600 |
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Endowment to Age 60 (Par) Plan
2000
| Endowment to Age 60 (Par) Plan | 2000 |
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Gain Endowment Plan
1600
| Gain Endowment Plan | 1600 |
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20 year Endowment Plan
5000
| 20 year Endowment Plan | 5000 |
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Endowment Assurance - (R.P)
1200
| Endowment Assurance - (R.P) | 1200 |
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Invest Gain - Diamond
5000
| Invest Gain - Diamond | 5000 |
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Invest Gain - Gold
5000
| Invest Gain - Gold | 5000 |
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Invest Gain - Platinum
5000
| Invest Gain - Platinum | 5000 |
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Jeevan Anand
1500
| Jeevan Anand | 1500 |
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Jeevan Mitra (Double Cover Plan)
1600
| Jeevan Mitra (Double Cover Plan) | 1600 |
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Invest Gain - Economy
5000
| Invest Gain - Economy | 5000 |
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Super Saver
1000
| Super Saver | 1000 |
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Save n Protect
6000
| Save n Protect | 6000 |
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Secure Save Plan
| Secure Save Plan |
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Endowment Assurance Plan
1800
| Endowment Assurance Plan | 1800 |
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Savings Assurance Plan
1800
| Savings Assurance Plan | 1800 |
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Assurance Plan
1800
| Assurance Plan | 1800 |
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Jeevan Saral
30000
| Jeevan Saral | 30000 |
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Shrilaabh
10000
| Shrilaabh | 10000 |
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Maha Guarantee Flexi
5000
| Maha Guarantee Flexi | 5000 |
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