Shriram Life Group Life Protector (SP)
Shriram Group Life Protector Plan (UIN: 128N044V01) is a non-linked, non-participating group life insurance plan that provides protection in case of unfortunate death of the insured member of the group.
Who should buy this plan?
Shriram Group Life Protector Plan is an affordable, easy-to-obtain financial security net for you and your loved ones. It pays a lump sum payment in case of unfortunate death helping your family to reduce their debts.
Cover can be structured according to the needs of the group – Monthly reducing cover, Annual reducing cover & level cover.
Single premium payment.
Tax benefits as per laws.
minimum group size
Rs. 5,000 Per member
Rs. 100 crores Per member
* subject to the board approved underwriting policy.
RIDERS (Add Ons)
No riders available.
For more details on the risk factors, terms and conditions please read the sales brochure and/or sample policy document on our website carefully, and/or consult our advisor.
Tax benefits are subject to change as per tax laws. Please consult your tax consultant on tax benefits.
Read the policy document here