• Shriram Life Insurance Women Plans

    Life Insurance
    • Reduce taxable income by up to Rs. 1,50,000 deduction under section 80C**
    • Convenient payment options - annual, half-yearly, quarterly or monthly premium payments
    • Do more with plans that offer pure protection, retirement planning and investment options

    Women and men share equal amount of duties and responsibilities in today’s world. So, it is of utmost importance that women plan their life and finances judicially. The insurance plans for women are tailored to take care of the specific needs and requirements of women. These plans help the women in planning finances properly and supports them to secure the future of the people dependent on them. These plans have been designed carefully after consider the medical the financial needs of women at different stages of life.

    Most women insurance schemes focus on 3 types of insurers. They are differentiated on the basis of financial status and earnings. They are:

    • Home makers who have no fixed income source for regular income.
    • Women who receive earnings from different thing such as rent, interests, dividend, etc. They income that they earn is taxable.
    • Employed women who have a fixed source of regular income.

    Benefits of Shriram Women Life Insurance Plans:

    There are several benefits of the Shriram Women Life Insurance Plans. They are listed below:

    • Women Life Insurance Plans offered by Shriram Life makes sure that your family’s future is financially secure in case you encounter permanent disability or death in an unfortunate event.
    • The plan ensures that people dependent on you can lead a stress free life even when you are not around to take care of them. Several women have younger siblings and aging parents who are dependent.
    • In case you are a mother, the plan takes care of the education expenses for your child.
    • The plan allows you to enjoy a suitable plan for retirement and secures your future. This is applicable to women who are home makers or do not have any fixed income source.
    • The plan offers financial stability if the spouse encounters death or permanent disability.

    Types of Shriram Women Life Insurance Plans:

    There are different types of insurance plans offered by Shriram Life. They are mentioned below:

    Shriram Life Term Insurance:

    The term insurance policies provide financial security to the family or the loved ones dependent on you. They provide a good cover and allows your close ones to enjoy a peaceful life in an unfortunate event of your demise. Economic status of your family does not go for a toss in such a situation as the insurance payout helps them to stabilise their condition.

    Shriram Life Child Insurance:

    For the women who have children, the child insurance policies can be really useful. It is definitely one of the best ways to secure the future of your child. The insurance policies lets you save a substantial amount for your child. This money can be used for his/her education, higher studies, marriage, etc. By purchasing such policies, you make sure that there is a continuous cash flow at the different stages of your child’s life.

    Shriram Life Retirement Insurance:

    Retirement or pension plans allow you to save substantially for meeting your needs and requirements after you are retired. You will not have to worry about a steady cash flow in these golden years of life. You will be able to lead an independent even after your retirement.

    Shriram Life Health Insurance:

    Various types of health insurance plans are tailored to cater to the health requirements and needs of women. These insurance policies offer coverage for different critical illnesses for married women, single ladies, working mothers and single mothers. There are some other insurance plans as well that provide cover for risks associated with travel and personal accident.

    Shriram Shri Vivah Plan:

    This plan is affordable and easy to get. This plans helps you to meet the expenses of a wedding. It offers great financial security for your loved ones and you. In case of an unfortunate event where the insured encounters death, the lump sum payment will help your family to take care of the financial issues.

    Plan Name Entry Age (yrs) Maturity Age (yrs) Premium Payment Mode
    Shriram Shri Vivah Plan Minimum age at entry – 18 years. Maximum age at entry – 50 years. Maximum age at maturity – 70 years. Monthly, quarterly, half yearly and yearly.

    Why do you need Shriram Women Life Insurance Plans?

    Shriram Life Insurance is one of the top insurance providers in this country. The insurance solutions offered by Shriram Life come with immense flexibility and innovation. The insurance plans for women are tailored to take care of the specific needs and requirements of women. These plans help the women in planning finances properly and supports them to secure the future of the people dependent on them.

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