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Group Term Life Insurance EDLI

Shriram Life Group Term Life
Insurance in Lieu of EDLI with
Low Cost and Easy Set-up

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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.

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.”

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.