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Shriram Life New Shri Life - One plan to get higher returns, rebates, and death coverage at lower premium payments.

Shriram Life New Shri Life - One plan to get higher returns, rebates, and death coverage at lower premium payments.

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Key Features of the Shriram Life New Shri Life

Here are the features listed below of the Shriram Life New Shri Life-

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Premium Payments for a Limited Duration

You will pay only during the first half of the policy tenure and not till the policy maturity in Shriram Life New Shri Life.

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Higher Savings with Reversionary Bonuses

An assured percentage of the sum assured gets added every year. You will receive this accrued bonus and the sum assured as the maturity or death cover.

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High Sum Assured Rebates

 For higher sum assured bands, you will receive discounts on premium payments. For a sum assured of ₹10,00,000 and above, a 5% discount is applicable.

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Higher Death Cover

 With Shriram Life New Shri Life, your family will receive a higher sum assured along with accrued reversionary bonus and terminal bonus (if any) upon the death of the life assured.

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Extensive Cover through Riders

Shriram Life New Shri Life benefits include four rider benefits to receive enhanced life cover against demise, accidents, and illnesses.

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Flexible Premium Payment Options

 Four premium payment modes are available for you in Shriram Life New Shri Life: Monthly, Quarterly, Half-yearly, and Annual.

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.