Get Life protection with lower premiums and different coverage options Shriram Life Smart Protection Plan SP
Shriram Life Smart Protection Plan SP Eligibility and Documents Required
|Age at Entry||Minimum: 18 years (age last birthday)
Maximum: 65 years (age last birthday)
:59 years (age last birthday) for POS policies
|Maximum Maturity Age||75 years (age last birthday)
65 years (age last birthday) For POS
|Policy Term||Minimum:6 months - 5 years(multiple of 6 months frequency)
Maximum: 6 years - 10 years (multiple of 1 year frequency)
|Premium Paying Term||Single|
|Minimum Premium||Rs 200 (for policy term <6 years)
Rs 6000 (for policy term 6 years and above )
|Sum Assured Amount||Minimum: ₹3,00,000 (for ages 40 years and below).
: ₹1,00,000 (for ages above 40 years).
Maximum: ₹14,00,000 subject to Board approved underwriting policy.
(Sum assured shall be in multiples of Rs. 1 lakh only and For POS policies the sum assured will be allowed in multiples of Rs. 50,000 only.)