Shri Ram - ULIP - Life Wealth Pro

What it is

Shriram Life Wealth Pro is a ULIP that provides the dual benefit of life insurance protection and market-linked investment growth. It is designed to help individuals create wealth while protecting their family's financial future.

Best For

• First-time ULIP investors
• Individuals seeking affordable wealth creation with insurance
• Goal-based investing (education, retirement, wealth accumulation)
• Investors who want flexibility in fund selection and switching
• Those seeking long-term disciplined investing with protection benefits

Advantages

• Life cover and investment growth under one policy
• Multiple investment funds to choose from
• Unlimited free fund switching and premium redirection
• Auto Transfer Option (ATO) available at no extra cost
• Wealth boosters to enhance long-term fund value
• Partial withdrawals allowed after lock-in
• Customized life cover options
• Additional rider benefits available for enhanced protection

Example

Suppose Priya (age 30) invests ₹5,000 per month in Wealth Pro to accumulate funds for her child's higher education after 15-20 years. During the policy term:

• Her money grows through market-linked funds.
• She remains covered by life insurance.
• She can switch funds if her risk preference changes.
• In case of an unfortunate event, her family receives the applicable death benefit while the investment component continues to provide value.