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Jana Sahay

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Financial Security with
Shriram Life Jana Sahay

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FAQs for Shriram Life Jana Sahay

Can I get the Shriram Life Jana Sahay policy if my age is 55 years?

If you are above 18 and below 65 years of age, you can get the Shriram Life Jana Sahay policy.

What is the tenure of my Shriram Life Jana Sahay policy?

The policy tenure of your Shriram Life Jana Sahay policy is one year.

How many months will I have to pay the premium for my Shriram Life Jana Sahay policy?

The premium paying term for your Shriram Life Jana Sahay policy is equal to the selected policy tenure.

Can I pay the premium for my Shriram Life Jana Sahay policy at once?

You can select to pay the premium for your Shriram Life Jana Sahay policy on a yearly basis.

How much sum assured can I opt for under the Shriram Life Jana Sahay policy?

Under the Shriram Life Jana Sahay policy, you can select a sum assured ranging from ₹5,000 to ₹2 lakhs per member.

Can I get a maturity benefit under the Shriram Life Jana Sahay policy?

You cannot get a maturity benefit under the Shriram Life Jana Sahay policy.

Can I get a loan facility under the Shriram Life Jana Sahay?

You cannot get a loan facility under the Shriram Life Jana Sahay policy.

Which documents should I submit while applying for the Shriram Life Jana Sahay policy?

You will need to submit the following documents: identity and age proof, address proof, recent passport-sized photographs, and bank statements for the last six months. Medical check-up documents may also be required.

What coverages do I receive under the Shriram Life Jana Sahay policy?

Under the Shriram Life Jana Sahay policy, you receive death benefits, lender-borrower schemes, and the option to add or exit members.

What coverage will I not get under the Shriram Life Jana Sahay policy?

Under the Shriram Life Jana Sahay policy, you will not get maturity benefits, loans, alterations, education benefits for children, fraudulent claims, and more.

What features can I enjoy under the Shriram Life Jana Sahay policy?

Under the Shriram Life Jana Sahay policy, you can enjoy various policy features such as premium adjustment based on group size, flexible premium payment options, joining or exiting the group, lender-borrower solutions, savings with higher sum assured, and additional protection options.

Can I add a new member to my Shriram Life Jana Sahay policy?

You can add a new eligible member to your group covered by the Shriram Life Jana Sahay policy after paying a proportionate premium for the remaining months of cover.

What will happen if I exit a group covered by the Shriram Life Jana Sahay policy?

If you exit a group covered under the Shriram Life Jana Sahay policy, your premium will be refunded and the cover will cease. The premium refund will be 85% of the proportionate premium for the remaining period of cover.

What will happen if a member of my group dies during the policy tenure?

In case of the death of a group member during the policy tenure, the sum assured will be paid to the nominee or beneficiary.

Is the policy adjustable if my group size changes?

You can adjust the group premium as per the group size.

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

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