Shriram Life Smart Protection Plan Eligibility and Required Documents

Minimum - 18 Yrs   
Maximum & Regular Pay - 65 Years  
Limited Pay - For PT 5 & 10 years: 60 Years  
                       For PT 15 years: 55 Years 
POS - 55 years 
(As on last birthday)

Regular Pay: 75 Years  
Limited Pay: 70 Years  
PoS Policies: 65 Years  
(As on last birthday)

Minimum - RP - ₹ 1,00,000 and LP - ₹ 30,000 
Maximum - ₹ 14 Lakhs for both RP and LP  
(Subject to Board approved underwriting policy. For POS policies the sum assured will be allowed in multiples of Rs. 50,000 only.)

Regular Pay - 1-5 Yrs (multiples of 1 yr)  
                        10 – 30 Yrs (multiples of 5 Yrs)  
Limited Pay - 2, 3, 4, 5, 10, 15 Yrs

Regular Pay - Same as policy term  
Limited Pay -  For PT 2, 3, 4 years: 1 Years  
                        For PT 5 years: 1, 3 Years  
                        For PT 10 years: 3, 5 Years  
                        For PT 15 years: 5 Years

Yearly - 1 
Half Yearly - 0.5076 
Quarterly - 0.2557 
Monthly - 0.0857