Shriram Life Insurance unveils unit-linked policy with flexible options

Shriram Life Insurance

Shriram Life Insurance Company, unveils a new unit-linked policy offering financial control with multiple fund options and investment strategies.

Policyholders can choose to cover their entire lives or a set period of time, allowing them to realise their financial goals with complete freedom, according to the business.

The scheme, which was introduced to commemorate the Shriram Group‘s golden jubilee year, includes two options: Life Goal and Legacy, which allow clients to change the policy term, premium payment period, sum assured, and premium.

Commenting on the launch of the product, Shriram Life Insurance MD and CEO Casparus Kromhout said: “We are delighted to announce this plan on our Group’s momentous milestone. The plan gives various flexibilities and options to choose from, provides financial protection and encourages long-term participation in the market.”

“We hope this product will give our customers another reason to plan decisively and reap the benefits of accumulated wealth so that they can celebrate their milestones in the best way possible,” he said.

Also Read | How life insurance sector will shape-up during FY24 – Challenges and opportunities: Casparus J H Kromhout, Shriram Life Insurance

The scheme’s mission is to help individuals achieve their financial goals and provide a secure future for their families. According to the firm, the plan provides a holistic solution for consumers seeking life insurance and wealth development prospects due to its customizable features, investment alternatives, and comprehensive coverage.

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