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Your Ultimate Guide to Shriram Life New Group Gratuity Plan

Your Ultimate Guide to Shriram Life New Group Gratuity Plan

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Shriram Life New Group Gratuity Eligibility and Documents Required

Age Criteria Minimum: 14 years (age last birthday) Maximum: 74 years (age last birthday)
Maximum Maturity Age: 75 years (age last birthday)
Policy Term 1 Year (Annually renewable)
Premium Payment Mode Yearly, Half-yearly, Quarterly, Monthly
Eligible Groups Employer-employee groups
Minimum Life Insurance Cover Minimum: ₹1,000 Maximum: No limit, subject to underwriting considerations as per Board approved underwriting policy and reinsurance capacity
Contribution As per the Actuary's certificate in accordance with AS-15 submitted by the Group policyholder

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 FICTITIOUS / FRAUDULENT OFFERS

  • IRDAI or its officials do not engage in activities such as selling insurance policies, announcing bonuses, or investment of premiums. Members of the public who receive such calls are advised to lodge a police complaint.

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