images
gtl-banner-des

One Cover to provide Complete
Protection Shriram Life Group
Term Life Insurance Plan

Sticky Tab

What Coverages Are Offered Under the Shriram Life Group Term Life Insurance Plan?

Employee Cover

Shriram Life Group Term Life Insurance Plan is meant to provide coverage to the employees of a company under a master policy. 

Accidental Death

This is offered as a rider under the Shriram Life Group Term Life Insurance Plan. In the case of the demise of a member, the nominee will receive the death benefits. This will provide a sense of security to members' loved ones and enhance work performance.

Disability Cover

This rider covers the unfortunate partial disability of an insured member. In the occurrence of such an event, 50% of the rider sum assured is paid to the member. In case of permanent disability, the full amount will be paid.

Lender-Borrower Schemes

The Shriram Life Group Term Life Insurance Plan also covers lender-borrower benefits. In the occurrence of the insured event, the outstanding loan balance will be paid to the master policy holder.

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 Novac Technology Solutions (“Novac”) 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.