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Shriram Life Step Up Rider Eligibility and Documents Required

Eligibility Criteria

Limits

Age at Entry

Minimum: 18 years (age last birthday)
Maximum: 65 years (age last birthday)

Maximum Age at Maturity

Age 70 years (age last birthday)

Policy Term

Minimum:5 years 
Maximum: 52 years

Premium Paying Term

Regular Pay: Same as Policy Term
Limited Pay: 5 to 51 years
Single Pay: Single

Minimum Sum Assured

Rs 1,500

Maximum Sum Assured

No Limit. Subject to Board approved underwriting policy.
However, the rider sum assured shall not exceed the sum assured under the base policy.

Disclaimer

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

*Tax Benefits:    
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.    
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128    
CIN No : U66010TG2005PLC045616 of the Company  
ARN No:  SLIC/ELEC/Nov 2025/1518

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

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.

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