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Better Coverage, Flexible Payouts and Easy Purchase with Shriram Life Online Term Plan

Better Coverage, Flexible Payouts and Easy Purchase with Shriram Life Online Term Plan

  • Self
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  • 15 Lakhs & Above
  • 10-15 Lakhs
  • 7-10 Lakhs
  • 5-7 Lakhs
  • Below 5 Lakhs
  • Male
  • Female
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Shriram Life Online Term Plan Eligibility

To buy the Shriram Life Online Term Plan, you have to fulfil the below-mentioned eligibility parameters: 

Criteria / Base Option Lump Sum Option Monthly income/ Lump Sum + Monthly income Option
Entry Age Limits 18 years to 55 years (age last birthday) 18 years to 45 years (age last birthday)
Maturity Age Limits Minimum – 28 years Maximum – 75 years Minimum – 38 years Maximum – 75 years
Policy Tenure 10 years to 57 years 20 years to 47 years
Premium Payment Tenure Equal to the chosen policy tenure
Minimum Premium Amount ₹1,695 per annum
Sum Assured ₹25 lakhs to ₹10 crores (in multiples of ₹1 lakh)
Terminal Illness Cover Equal to Sum Assured
Critical Illness Cover Minimum ₹5 lakhs Maximum 20% of Sum Assured subject to a limit of ₹20 lakhs
Accidental Death Benefit Cover Minimum ₹10 lakhs Maximum 100% of Sum Assured subject to a limit of ₹1 Crore
Maturity Benefit There is no maturity benefit under this plan
Loan Facility Not available under this plan