Shri Life Traditional Participating Life Insurance plan that Combines Security and savings.The premium payable at regular intervals during the term of the policy. Life Cover will be available throughout the policyterm.
Maturity/Death Benefits Payable
On death of life assured during the policy term
Sum assured along with the vested bonuses will be paid and policy comes to an end.
On survival of life assured up to the end of the policy term
Sum assured along with the vested bonuses will be paid.
Simple reversionary will accrue during the policy term.
Minimum age at entry
Maximum age at entry
Maximum age at maturity
Minimum policy term
Maximum policy term.
Minimum sum assured
The policy can be taken for a sum assured based on a fixed premium subject to a minimum sum assured of Rs.35,000 for the appropriate age and term.
Rebates for different mode of payment of premiums are as under:
Premium Payment Mode
1.5% of the tabular premium as rebate
0.75% of the tabular premium as rebate
The Proposer has got the option to select the following rider to be attached to the policy at the time of policy.
Shriram Accident Benefit Rider
Shriram Family Income Benefit Rider
Shriram Extra Insurance Cover Rider
Shriram Critical Illness cover Rider
Shriram All Causes Total and Permanent Disability Rider
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/ FRAUDULENT OFFERS
IRDA clarifies to public that
IRDA or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums
IRDA does not announce any Bonus
Public receiving such phone calls are requested to lodge a police complaint along with details of phone call number
Insurance is the subject matter of solicitation.Shriram Life Insurance Company Ltd. IRDA Registration No. 128
Head Office:Ramky Selenium,Plot No:31 & 32,Beside Andhra Bank Training Centre,Financial District,Gachibowli,Hyderabad-500032,Phone No:040-23009400