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My Spouse Term Plan

Ensure financial stability for your loved one with Shriram Life My Spouse Term Plan

Ensure financial stability for your loved one with Shriram Life My Spouse Term Plan

  • Self
  • Spouse
  • Child
  • Grand Child
Sticky Tab

Shriram Life My Spouse Term Plan Eligibility and Documents Required

To buy the Shriram Life My Spouse Term Plan, you will need to fulfil the following eligibility criteria:

Eligibility Criteria Limits
Age Criteria

Entry Minimum: 18 years

Maximum: 55 years
Age at Maturity

Minimum: 28 years

Maximum: 75 years
Policy Term

Minimum:10 years

Maximum: 57 years
Premium Paying Term Equal to the chosen policy term
Premium Mode Yearly, Half-yearly, Quarterly, Monthly
Annual Premium

Minimum: ₹3,060 

Maximum: Depends on age, medical history and policy details selected
Sum Assured Range (Primary) ₹25 Lakhs to ₹10 crores (in multiple of ₹1 lakh). The sum assured for the Secondary Life shall not exceed the sum assured for the Primary Life
Terminal Illness Cover

Available for Primary and Secondary life.

Equal to Sum Assured
Critical Illness Cover

Available for Primary Life only.

Minimum ₹5 lakhs.

Maximum 20% of the sum assured subject to a limit of ₹20 lakh
Accidental Death Benefit Cover

Available for Primary Life only.

Minimum ₹10 lakhs.

Maximum 100% of sum assured subject to a limit of ₹1 crore
Maturity Benefit Not available under this plan
Loan Facility Not available under this plan

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 Shriram Value Services Limited (“SVS”) 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.