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Shriram Life Accident Benefit Rider Eligibility Criteria

The following eligibility parameters should be fulfilled to become eligible for the Shriram Life Accident Benefit Rider -

Entry Age Criteria

Entry Minimum: 18 years (age last birthday) Maximum: 65 years (age last birthday)

Maximum Maturity

Age 70 years (age last birthday)

Policy Tenure

Minimum: Regular & Limited Pay: 2 Years, Single Pay: 3 Years 
Maximum: 52 years

Premium Payment Tenure

Regular Pay - Equal to policy tenure Limited Pay - 1 years to 51 years Single Pay - Once

Premium Payment Frequency

Single, Annual, Half-yearly, Quarterly or Monthly

Annual Premium Amount

Depends on the age and coverage details selected

Sum Assured

Minimum: ₹50,000 Maximum: ₹50,00,000, subject to board-approved underwriting policy

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 FICTITIOUS / FRAUDULENT OFFERS

  • IRDAI or its officials do not engage in activities such as selling insurance policies, announcing bonuses, or investment of premiums. Members of the public who receive such calls are advised to lodge a police complaint.

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