Protection Plan

Protection Plan for your Better Future!

Complete Financial Security Starting at ₹300 per month with Shriram Life Protection Plans

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Coverages Under Shriram Life Protection Plans

Assured Benefit On Claim

In case of an emergency that is covered under the plan, an assured benefit is offered upon making a claim.

Death Benefit

The death benefit is paid if the life insured passes away during the policy tenure. 

Maturity Benefit

An assured maturity benefit is paid if the life insured survives the policy tenure. This benefit is only available under the relevant Shriram Life Protection Plans.

Inbuilt Riders

Depending on the protection plan, there are inbuilt riders that cover other contingencies besides premature demise. The claim payout might also be higher since an additional benefit is paid if the covered incident occurs.

Optional Riders

Depending on the plan, optional riders can be added to the base policy for enhanced protection. 

Disease Cover

Shriram Life Protection Plans provide health insurance coverage against specified diseases such as cancer and Covid-19. The plan pays a lump sum benefit if the life insured suffers from any of the covered diseases. 

Premium Waiver

Depending on the policy, Shriram Life Protection Plans waive the premiums payable if there is a partial claim made under the policy. The coverage continues until the chosen tenure is completed and premium payments do not need to be made during this period.


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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