FAQs for Shriram Life Jana Sahay

If you are above 18 and below 65 years of age, you can get the Shriram Life Jana Sahay policy.

The policy tenure of your Shriram Life Jana Sahay policy is one year.

The premium paying term for your Shriram Life Jana Sahay policy is equal to the selected policy tenure.

You can select to pay the premium for your Shriram Life Jana Sahay policy on a yearly basis.

Under the Shriram Life Jana Sahay policy, you can select a sum assured ranging from ₹5,000 to ₹2 lakhs per member.

You cannot get a maturity benefit under the Shriram Life Jana Sahay policy.

You cannot get a loan facility under the Shriram Life Jana Sahay policy.

You will need to submit the following documents: identity and age proof, address proof, recent passport-sized photographs, and bank statements for the last six months. Medical check-up documents may also be required.

Under the Shriram Life Jana Sahay policy, you receive death benefits, lender-borrower schemes, and the option to add or exit members.

Under the Shriram Life Jana Sahay policy, you will not get maturity benefits, loans, alterations, education benefits for children, fraudulent claims, and more.

Under the Shriram Life Jana Sahay policy, you can enjoy various policy features such as premium adjustment based on group size, flexible premium payment options, joining or exiting the group, lender-borrower solutions, savings with higher sum assured, and additional protection options.

You can add a new eligible member to your group covered by the Shriram Life Jana Sahay policy after paying a proportionate premium for the remaining months of cover.

If you exit a group covered under the Shriram Life Jana Sahay policy, your premium will be refunded and the cover will cease. The premium refund will be 85% of the proportionate premium for the remaining period of cover.

In case of the death of a group member during the policy tenure, the sum assured will be paid to the nominee or beneficiary.

You can adjust the group premium as per the group size.