Group Term Life Insurance

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

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Key Features of Shriram Life Group Term Life Insurance Plan

The key features of the Shriram Life Group Term Insurance Plan are as follows:


Employee Friendly

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. 


Accident Rider

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.


Flexible-Premium Modes

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.


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

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