Shriram Guaranteed Wealth Preserver Plan 2024 Benefits, Features, Details, Review

Shriram Guaranteed Wealth Preserver Plan – A conventional online savings plan is Shriram Guaranteed Wealth Preserver Online. It is a one-time investment plan that also provides life insurance coverage and guarantees investment growth. Shriram Life Wealth Plus is a unit-linked insurance plan that combines savings and protection under one umbrella. The policyholder can choose a shorter payment term for the premium. The policy allows for partial withdrawals, surrenders, and top-up premiums. The arrangement likewise offers a settlement choice to diminish the gamble of market instability and advantage from flexi returns.

Are you worried about the future? Do you want to be sure that you and your family will be able to survive any kind of financial crisis? If so, then the Shriram Guaranteed Wealth Preserver Plan is the right plan for you. This Plan guarantees that you and your family will be able to maintain your current level of income and live a comfortable life during any financial crisis. You won’t have to worry about losing your home or all of your savings – Shriram has got you covered. Apply now and start feeling confident about your future.

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Shriram Guaranteed Wealth Preserver Plan 2024

If the policyholder does not agree with the terms and conditions outlined in the documents, he or she can return the policy to the insurer within 15 days. The explanations behind the return ought to be obviously referenced. After deducting the costs associated with the medical exam and stamp duty, the insurer will refund the premiums paid.

Are you worried about your financial future? If so, you’re not alone. A lot of people are worried about their retirements, their children’s future, and their own financial security. That’s why we’ve put together this Shriram Guaranteed Wealth Preserver Plan 2024. It’s a plan that will help you secure your financial future and ensure that you’re able to live a comfortable life in retirement. And if things ever go wrong, we’ll be there to help you out. So what are you waiting for? Sign up today and start building your financial security!

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Shriram Guaranteed Wealth Preserver Plan

Shriram Guaranteed Wealth Preserver Plan 2024 Overview

Name Of ArticleShriram Guaranteed Wealth Preserver Plan 2024
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Key Features

  • It is a non-participating plan with a single premium payment option.
  • The plan can only be purchased online through the insurer’s website.
  • The plan guarantees death and maturity benefits.


  • The guaranteed maturity benefit is calculated by multiplying the guaranteed maturity benefit factor with the single premium paid.
  • On maturity, the guaranteed maturity benefit is paid. The guaranteed maturity benefit factor is dependent on the amount of premium paid, age, and the policy term chosen.
  • Income tax benefit on the premium paid in accordance with Section 80C and on claims received in accordance with Section 10(10D) of the Income Tax Act.
  • The death sum assured is payable if the insured person is younger than 45 years old and is younger than 45 years old.

Plan Coverage What the Shriram Life Wealth Plus Plan covers?

Shriram Life Wealth Plus Plan is a complete insurance plan that covers all the important aspects of your life. It offers Protection against Accidents, Critical Illness, and Disability. You can also avail life insurance cover for your spouse and children. In addition to this, the plan covers your funeral expenses and provides financial assistance during unfortunate times like natural disasters. Get all the details about this comprehensive insurance plan by reading our plan coverage page.

The following is how the Shriram Life Wealth Plus Plan works:

  • The policyholder initially selects the premium amount, payment method, and payment term.
  • The policy term is then chosen to meet the investment or savings goals of the policyholder.
  • The next step is to select the investment funds for the premium.
  • The policyholder receives the accumulated fund value upon policy maturity.
  • The nominee receives the death benefit in addition To the fund value if the life assured passes away during the policy term.
    The Shriram Life Wealth Plus Plan provides the following coverage:
Maturity BenefitThe following sum is payable if the life insured survives the policy term:
The top-up fund value, if any, in addition to the value of the units in the life assured’s unit account
Death BenefitIf the life insured dies while the policy is in effect:

  • The sum of the following is the nominee’s death benefit if the policy is in effect:
  • The value of the life assured’s units in the account for the basic sum assured The value of the top-up sum assured, if any The value of the top-up fund, if any The death benefit will be at least 105% of all premiums paid, including top-up premiums.
  • The plan’s discontinued fund value, subject to a minimum guaranteed interest, constitutes the death benefit payable to the nominee in the event that the policy was terminated prior to death.

Product Specification



Entry Age (Last Birthday)

3 years

40 years

Maturity Age (Last Birthday)

18 years

55 years

Policy Term (PT) in years

5 or 10 or 15

Premium Paying Term (PPT) in years

Single pay

Premium Paying Frequency

Annual, half-yearly, quarterly, monthly

Yearly Premium


No limit

Sum Assured


No limit

Details About Premium

The corresponding Sum Assured for a Single Premium of 1 lakh

Age / Term (in years)



















Policy Details

Grace Period: grace period is not applicable in single pay plans

Policy Termination or Surrender Benefit: The policyholder has the option of surrendering the policy, at which point the surrender value—either the Guaranteed Surrender Value (GSV)  or the Special Surrender Value (SSV)—will be paid.

Free Look Period: You can cancel the policy within 15 days of receiving the documents, provided there has not been a claim, if you are dissatisfied with the coverage and terms and conditions.

Other Benefits How you can save with the Shriram Life Wealth Plus Plan?

Do you want to save for your future? If so, you’ll want to consider the Shriram Life Wealth Plus Plan. This comprehensive retirement plan offers a variety of benefits that can help you save money on your taxes, pay off your debts, and grow your wealth over time. Let’s take a look at some of the other benefits you can expect if you enroll in the Shriram Life Wealth Plus Plan.

The following are additional advantages of purchasing the insurer’s Shriram Life Wealth Plus Plan:

  • Application online: Through the official website of Shriram Life Insurance, you can purchase insurance policies online.
  • Client service: For immediate clarification on any insurance-related questions, send an email to [email protected].
  • Premium mini-computer: Using the insurer’s website’s online premium calculator, you can figure out how much you would have to pay for a policy’s premiums.
  • Sum of the premium: Debit cards, credit cards, and online banking are all options for making premium payments.
    Redress for complaints:At the company’s toll-free number, 1800 3000 6116, complaints and grievances can be filed.


  • In the event of suicide within one year of the policy’s inception, the Surrender Value or 80 percent of the premium will be returned.

Documents Needs

An accurate medical history, proof of address, and any necessary KYC documents must be submitted on an “Application form/proposal form” by the policyholder. Depending on the amount insured and the person’s age, a medical examination may be required in some instances.

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