Empower your workforce
with Shriram Life New
Group Gratuity Benefits
Shriram Life New Group Gratuity Plan
What is Shriram Life New Group Gratuity Plan?
Shriram Life New Group Gratuity (UIN: 128L043V01) is an insurance plan that looks out for the interest of your company and its employees. The plan offers a comprehensive solution to fund gratuity liability in a cost-effective manner while providing tax benefits.
- Buy Shriram Life New Group Gratuity in just a few simple steps
- Get affordable premiums with high sum insured
- Choose from multiple unit-linked funds
- Switch between funds as per your preference
- Claim for optional life insurance coverage
- Get assistance with an annual actuarial valuation of gratuity liabilities
- Avail guaranteed benefits plus tax benefits under Shriram Life New Group Gratuity plan
- Employers who can benefit from this plan include those who want to set up a gratuity fund, those with a self-managed gratuity fund, and those who want to transfer their scheme from another life insurance company to Shriram Life.
Policy Type
Employee Benefits Plans
Policy Term
1 year (Annually Renewable)
Minimum Cover
₹1,000 (per employee)
Maturity Age
75 years