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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    Easy Claim Process
  • protection-plan
    Quick Disbursals
  • Purchase
    Hassle-Free Purchase
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Eligibility and Documents Required for Shriram Life Protection Plans

Plan Options Three plan options: Option I: Lump sum Option II: Monthly income Option III: Lumpsum+ monthly income
Age at Entry Minimum - 18 years Maximum- 45 years for Option I and 55 years for Option II & Option III
Age at Maturity (Age last birthday) Minimum - 28 years for Option I and 38 years for Option II & Option III Maximum- 75 years for Option I and 65 years for Option II & Option III
Premium Paying Tenure (PPT) Equal to policy tenure
Policy Tenure (PT) Minimum: 10 years Maximum: 57 years
Sum Assured Minimum: ₹25 lakhs Maximum: ₹10 crores (in multiples of ₹1 lakh)
Premium Payment Mode Monthly, Quarterly, Half-yearly and Yearly
Premium Minimum: ₹1,695 per annum
Optional Riders i) Accident Benefit Rider ii) Shriram Life Critical Illness Plus Rider
Minimum Group Size Not applicable


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.”


  • 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.