One Cover to provide Complete
Protection Shriram Life Group
Term Life Insurance Plan
Shriram Life Group Term Life Insurance Plan Eligibility and Documents Required
Eligibility Conditions | Limits |
Minimum Age at Entry | 14 years |
Maximum Age at Entry | 79 years (Last Birthday) |
Cover Ceasing Age | 80 years |
Minimum Sum Assured | ₹5,000 per member |
Maximum Sum Assured | Depends on Company’s Board approved underwriting policy |
Tenure | One year (Renewable Annually) |
Nature of Scheme | Statutory |
Premium Pay Mode | Yearly, Half-yearly, Quarterly or Monthly |
Minimum Group Size | 20 for employer employee groups and 50 for other groups |