Coverage Against Uncertainties with Shriram Life Smart Protection Plan
Can I get a loan against the Smart Protection Plan?
You cannot take out a loan against the Smart Protection Plan.
How will I be taxed for the death benefit?
The death benefit is always tax-free under the protection plan.
How do I restore a lapsed policy?
You will get a period of five years to revive a lapsed policy. You can pay the outstanding premium with interest (if applicable) and revive the policy to restore the coverage.
What does the Shriram Protection Plan offer?
The Shriram Protection Plan offers coverage against premature demise, accidental demise and critical illnesses. Moreover, you can buy this coverage at affordable premiums.
Can I add riders to the smart plan policy?
Optional riders are not available with the smart plan. However, the Gold and Diamond options do allow inbuilt riders that you can choose to claim extended coverage.
Can I buy more than one policy?
You can buy more than one policy to add to your coverage.