One Cover to provide Complete
Protection Shriram Life Group
Term Life Insurance Plan
The key features of the Shriram Life Group Term Insurance Plan are as follows:
The employees of a company can get secured uniformly irrespective of their PF balance, salary and service. Once you are an employee and your company fulfils other requirements, you can easily get covered. Employee-employer groups can also receive the benefits of this insurance plan.
Shriram Life Group Term Insurance Plan offers an accident rider to further protect you through it.
Favorable for Employer and Employees
Both the employer and the employees stand to gain due to this insurance. The employee receives coverage without it being considered a prerequisite and the employer can claim the EDLI premium as an expenditure.
Linked to EDLI
The insurance provided is covered under EDLI from EPFO and linked to an Employee's Provident fund balance and total service before demise.
Premium payment is based on a factor and it can be paid by selecting one of the payment modes. There are convenient modes of payment like half-yearly, quarterly and monthly. The policy is annually renewable.