New Group Gratuity Plan

Empower your workforce
with Shriram Life New
Group Gratuity Benefits

Sticky Tab

Shriram Life New Group Gratuity Coverages

The Shriram Life New Group Gratuity covers the following situations

Life Cover

In the event of the insured person's demise, their loved ones are financially protected

Rider Benefits

In addition to the basic life insurance cover, the plan also offers a Shriram Group Critical Illness Rider with an additional premium payment.

Death Benefit

The gratuity and life insurance benefits are payable in the event of the member's demise as per the Group Policy holder's scheme rules.

Payment of Gratuity Benefits

The gratuity benefits are paid out of the policyholders' unit fund on request.

Payment of Insurance Benefits

The insurance benefits are paid directly to the nominee within a month of receipt of valid claim forms from the policyholder.


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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