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Features & Benefits of Accident Benefit Rider

The salient features of Shriram Life Accident Benefit Rider include the following -

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Enhanced Coverage

The Shriram Life Accident Benefit Rider provides additional coverage benefits in cases of accidental demise or permanent total disability suffered in an accident. Thus, you get enhanced coverage against accidental contingencies. 

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Cost-Effective

The Shriram Life Accident Benefit Rider has cost-effective premium payments to enjoy added protection without burning a hole in your pocket.

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Easy to Avail

You can add the Shriram Life Accident Benefit Rider to the base plan either at policy inception or at any policy anniversary.

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Long-Term Coverage

The rider tenure starts from 5 years and goes up to 52 years, so you get long-term protection against accidental mishaps.

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Flexible Premium Payment

Depending on your suitability, you can pay the rider premium amount in a single instalment, for a limited period or throughout the policy tenure.

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Multiple Payment Frequencies

The Shriram Life Accident Benefit Rider allows different premium payment frequencies like monthly, quarterly, half-yearly and annually. 

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.