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Group Life Protector SP

Get Affordable, Extensive
Coverage with the
Shriram Life Group Life
Protector Plan SP

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Key Features of Shriram Life Group Life Protector SP

Here are the Shriram Life Group Life Protector Plan SP features:

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Long Policy Cover

Shriram Life Group Life Protector SP protects you for a long time till the time you reach 70 years of age.

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Cover for Borrowers

Even borrowers can be covered under Shriram Life Group Life Protector SP to protect their family from debt in case of the demise of the borrower during the period of the cover.

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Multiple Cover Options

Shriram Life Group Life Protector SP comes with multiple cover options like level cover, monthly reducing cover, annually reducing cover etc.

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Affordable Premiums

Shriram Life Group Life Protector SP is a pure form of insurance plan without any savings element. Thus, the premiums under this plan are very affordable.

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Low Minimum Cover

The minimum cover under Shriram Life Group Life Protector SP starts at just ₹5,000 per member.

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Cover During Moratorium

Shriram Life Group Life Protector Plan SP also provides insurance coverage during the moratorium period. The moratorium period is the period during which the borrower is not required to make any EMI payment.

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.”

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  • 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.