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SHRIRAM LIFE GROUP LIFE PROTECTOR (SP)

Shriram Group Life Protector Plan (UIN: 128N044V02) is a non-linked, non-participating group life insurance plan that provides protection in case of unfortunate death of the insured member of the group.

WHO SHOULD BUY THIS PLAN?

Shriram Group Life Protector Plan is an affordable, easy-to-obtain financial security net for you and your loved ones. It pays a lump sum payment in case of unfortunate death helping your family to reduce their debts.

KEY FEATURES

  • Cover can be structured according to the needs of the group – Monthly reducing cover, Annual reducing cover & level cover.
  • Single premium payment.
  • Tax benefits as per laws.

Eligibility

ENTRY AGE

Minimum

18 Yrs

Maximum

68 Yrs

(As on last birthday)

MATURITY AGE

Maximum

70 Yrs

(As on last birthday)

COVER TERM

Minimum

2Years

Maximum

30Years

MINIMUM GROUP SIZE

50Members

MINIMUM COVER

Minimum

Rs.5,000Per member

Maximum

Rs.100croresPer member

* subject to the board approved underwriting policy.

RIDERS (Add Ons)

No riders available.

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Disclaimers:

  • For more details on the risk factors, terms and conditions please read the sales brochure and/or sample policy document on our website carefully and/or consult our advisor.

  • Tax benefits are subject to change as per tax laws. Please consult your tax consultant on tax benefits.