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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 -

Age Criteria

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

Maximum Maturity

Age 70 years (age last birthday)

Policy Term

Minimum: 5 Years 
Maximum: 52 years

Premium Paying Term

Regular Pay - Same as Policy Term  
Limited Pay - 5 years to 51 years  
Single Pay - Single

Premium Payment Mode

  • Single
  • Yearly
  • Half-yearly
  • Quarterly
  • Monthly

Sum Assured

Minimum: ₹ 50,000 Maximum: ₹ 50,00,000 
(The sum assured under the rider shall not exceed the sum assured under the base policy)

Disclaimer

For more details on risk factors, terms, and conditions please read the sales prospectus 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 or financial products, 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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