Get Life protection with lower premiums and different coverage options Shriram Life Smart Protection Plan SP
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Shriram Life Smart Protection Plan SP Eligibility and Documents Required
| Eligibility Criteria | Limits |
|---|---|
| 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.) |