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Online Term Plan

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
  • Spouse
  • Child
  • Grand Child
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Key Features of Shriram Life Online Term Plan

Shriram Life Online Term Plan is a comprehensive term insurance plan which comes with the following features -

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Affordable Premium

The Shriram Life Online Term Plan has very low premiums starting at ₹1,695 annually. This makes the plan pocket-friendly without compromising on coverage.

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Different Plan Options

There are three options under the base plan. These options differ in terms of the benefit payout. You can choose to receive the benefit in a lump sum, in monthly instalments or a combination of both.

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Long-Term Coverage

Enjoy coverage going up to 75 years as the plan allows long-term policy tenures of up to 57 years. This ensures longer protection against unforeseen emergencies. 

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Flexibility

Pay the premium throughout the chosen policy tenure annually, quarterly, half-yearly or monthly depending on your suitability.

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Lower Premiums for Female Lives

Female lives are rated back three years so that they can enjoy lower premiums on their coverage.

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Premium Rebates

If you choose the high sum assured levels, you can enjoy premium rebates, which further help reduce the overall premium outgo.

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.