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Enjoy a Joint Life Coverage Option with Shriram Life Smart Choice

Enjoy a Joint Life Coverage Option with Shriram Life Smart Choice

  • Self
Date Icon
  • 15 Lakhs & Above
  • 10-15 Lakhs
  • 7-10 Lakhs
  • 5-7 Lakhs
  • Below 5 Lakhs
  • Male
  • Female
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Shriram Life Smart Choice Plan Eligibility and Documents Required

Eligibility Criteria

Limits

Age at Entry (age last birthday)

Minimum: 18 years  
Maximum: 60 year 
For PoS and CPSC sales: 55 years  

Maturity Age (age last birthday)

Minimum: 19 years  
Maximum: 80 years 
For POS and CPSC Sales: 65 years 

Premium Payment Term/ Policy Term

Single Pay: 3 / 4 / 5 years

Limited Pay:

Premium Payment Term

Policy Term

1

2

2

4

3

6

4

8

5

10

Sum Assured

Minimum: Rs 50,000
Maximum: Rs 25,00,000

Subject to Board approved underwriting policy

Premium Payment Frequency

Yearly / Half-Yearly / Quarterly / Monthly

Premium Payment Mode

Modal Factors

Yearly

Half-Yearly

Quarterly

Monthly

1

0.5085

0.2564

0.0859

Annual Premium

Subject to minimum Sum Assured and applicable premium rates.
& Subject to Board approved underwriting policy

Disclaimer

*Provided all due premiums are paid and the policy is in force.

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

Shriram Life Smart Choice Plan
UIN:128N097V03

Shriram Life Insurance Company Limited.
IRDAI Regn No. 128
CIN: U66010TG2005PLC045616

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS 
IRDAI or its officials do not engage in activities such as selling insurance policies or financial products, announcing bonuses, or investment of premiums. Members of the public who receive such calls are advised to lodge a police complaint.

The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”

ARN: SLIC/ELEC/June 2026/521