Eligibility Criteria for Shriram Life Waiver of Premium Rider

Minimum: 18 years  
Maximum: 65 years 

Minimum: 23 years  
Maximum: 85 years 

Minimum: 3 years                          
Maximum: 50 years                                                                          
Rider Term shall always be equal to the outstanding premium payment term of the base policy or any other subsisting rider(s), as applicable, as on the date of attachment

Same as Rider Term

Yearly, Half-yearly, Quarterly and Monthly

The minimum rider sum assured offered is 15,000

The maximum rider sum assured offered is 50,00,000 subject to Board approved underwriting policy.

The Rider Sum Assured for any of the benefit options chosen under the WOP rider will be equal to the sum of total outstanding [annualized premium and annualized underwriting extra premiums (if any) of the base policy or subsisting other rider(s)] payable under each benefit option.