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Key Features of Shriram Life Group Life Protector SP
Here are the Shriram Life Group Life Protector Plan SP features:
Long Policy Cover
Shriram Life Group Life Protector SP protects you for a long time till the time you reach 70 years of age.
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.
Multiple Cover Options
Shriram Life Group Life Protector SP comes with multiple cover options like level cover, monthly reducing cover, annually reducing cover etc.
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.
Low Minimum Cover
The minimum cover under Shriram Life Group Life Protector SP starts at just ₹5,000 per member.
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.
