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

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Features

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

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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. 

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Accident Rider

Shriram Life Group Term Insurance Plan offers an accident rider to further protect you through it.

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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.

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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.

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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.

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 Novac Technology Solutions (“Novac”) 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.