Shriram Life Group Term Life
Insurance in Lieu of EDLI with
Low Cost and Easy Set-up
Sticky Tab
Shriram Life Group Term Life Insurance in Lieu Of EDLI Eligibility and Documents Required
To buy the Shriram Life Group Term Life Insurance in Lieu Of EDLI, you will need to fulfil the following eligibility criteria:
| Minimum Age Entry | 14 Years |
|---|---|
| Maximum Age Entry | 79 Years (at last birthday) |
| Cover Ceasing Age | 75 Years |
| Minimum Sum Assured | ₹3,62,000 |
| Maximum Sum Assured | ₹15,00,000 |
| Policy Term | One Year (Annually Renewable) |
| Nature of Scheme | Statutory |
| Premium Pay Mode | Yearly, Half-Yearly, Quarterly or Monthly |
| Minimum Group Size | 20 |
| Minimum group size is subject to change as per Employee’s Provident Fund & Miscellaneous Provisions Act (1952) for establishments to become EPFO Member | |