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Micro insurance Plan

Microinsurance Plan for your Better Future!

Buy Shriram Life Micro Insurance Plans starting at just ₹750 only

  • Easy claim
    Easy Claim Process
  • Save
    Quick Disbursals
  • Purchase
    Hassle-Free Purchase
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Eligibility and Documents Required to Buy Shriram Life Micro Insurance Plans

Age at Entry  Minimum- 18 years
 Maximum- 50 years
Age at Maturity  Minimum- 28 years
 Maximum- 65 years
Sum Assured  Minimum- ₹25,000 for option 1 and ₹17,000 for option 2
Maximum- ₹2,00,000
Policy Term  10 years/ 15 years
Premium paying term  Same as the policy term
Annualised Premium

 Minimum- ₹750 for option 1 and ₹1,400 for option 2
 Maximum- ₹6,720 for option 1 and ₹17,800 for option 2
Premium Payment Modes Yearly, half-yearly, quarterly and monthly
Plan options

Option 1: Pure term assurance
Option 2: Term assurance with the return of premiums on maturity
Minimum Size of the Group Not Applicable

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.