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Group Traditional Employee Benefits

Get All-Round Coverage for Your Employees with Shriram Life Group Traditional Employee Benefits Plan

Get All-Round Coverage for Your Employees with Shriram Life Group Traditional Employee Benefits Plan

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Eligibility Criteria and Documents Required for Shriram Life Group Traditional Employee Benefits Plan

Eligible Groups Employer-Employee Groups
Minimum Group Size 10 employees
Minimum Age at Entry 14 years age last birthday
Maximum Age at Entry 75 years age last birthday
Maximum Exit Age 76 years last birthday
Policy Term Annually renewable
Mode Yearly
Life Insurance Cover ₹1,000 (fixed) per member
Minimum Initial Contribution ₹100,000 per policy
Maximum Contribution In accordance with the funding requirements as per the scheme rules. The trustee or employer or policyholder shall be required to confirm that such funding is required as per extant accounting standard governing the measurement of long term employee benefits.

Disclaimer

For more details on risk factors, terms, and conditions please read the sales brochure 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

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 is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.