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Group Term Life Insurance

One Cover to provide Complete
Protection Shriram Life Group
Term Life Insurance Plan

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Shriram Life Group Term Life Insurance Plan Eligibility and Documents Required

Eligibility Conditions Limits
Minimum Age at Entry 14 years
Maximum Age at Entry 79 years (Last Birthday)
Cover Ceasing Age 80 years
Minimum Sum Assured ₹5,000 per member
Maximum Sum Assured Depends on Company’s Board approved underwriting policy
Tenure One year (Renewable Annually)
Nature of Scheme Statutory
Premium Pay Mode Yearly, Half-yearly, Quarterly or Monthly
Minimum Group Size 20 for employer employee groups and 50 for other groups

 

Disclaimer

For more details on risk factors, terms, and conditions please read the sales brochure carefully before concluding a sale.  

*Tax Benefits:  
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.  
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128  
CIN No : U66010TG2005PLC045616 of the Company

The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS

  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.