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Your Ultimate Guide to Shriram Life Group Term Life Insurance Plan

Your Ultimate Guide to Shriram Life Group Term Life Insurance Plan

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Key Features of Shriram Life Group Term Life Insurance in Lieu of EDLI

Here are the features of the Shriram Life Group Term Life Insurance in Lieu Of EDLI

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Short Premium Payment Tenure

With the Shriram Life Group Term Life Insurance in Lieu Of EDLI, you only need to pay a premium for one year and pick a payment mode at your convenience. 

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Short-term Renewable Cover

The plan can be renewed annually.

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Tax-Free Claims

There are no taxes associated with the claim payments that are to be made.

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Cover for Minors

As the entry age is just 14 years, this policy also financially protects minors.

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Flexibility

You can opt for annual, half-yearly, quarterly and monthly premium payments.

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Comprehensive Cover

It provides comprehensive coverage to the insured members, which can be further extended using riders.

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