Get All-Round Coverage for
Your Employees with Shriram
Life Group Traditional
Employee Benefits Plan
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Eligibility Criteria and Documents Required for Shriram Life Group Traditional Employee Benefits Plan
| Eligible Groups | Employer-Employee Groups |
|---|---|
| Minimum Group Size | 10 employees |
| Minimum Age at Entry | 14 years age last birthday |
| Maximum Age at Entry | 75 years age last birthday |
| Maximum Exit Age | 76 years last birthday |
| Policy Term | Annually renewable |
| Mode | Yearly |
| Life Insurance Cover | ₹1,000 (fixed) per member |
| Minimum Initial Contribution | ₹100,000 per policy |
| Maximum Contribution | In accordance with the funding requirements as per the scheme rules. The trustee or employer or policyholder shall be required to confirm that such funding is required as per extant accounting standard governing the measurement of long term employee benefits. |