Uncover the hidden benefits of the Shriram Life Extra Insurance Cover Rider

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What Coverages Are Offered in Shriram Life Extra Insurance Cover Rider?

Life Cover

The rider covers the premature demise of the life insured. If the insured passes away during the policy tenure, the rider pays the rider sum assured, and the coverage is terminated.

Paid-up Value

If you pay a single or limited premium, your policy acquires a paid-up value if the premiums are not fully paid. In such cases, the rider coverage is allowed at a reduced paid-up value even though the premiums are not fully paid.

Surrender Value

If, after discontinuing premium payments, you want to terminate the base policy, you will get a surrender value under the rider. The surrender value is available under single and limited premium options.


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

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