FAQs for Shriram Life New Group Gratuity

Shriram Life New Group Gratuity is a life insurance and gratuity plan that offers coverage in the event of the policyholder's demise, and provides additional benefits such as the Shriram Group Critical Illness Rider with an additional premium payment.

To buy the Shriram Life New Group Gratuity, the policyholder must be between 14 to 74 years old and be a part of an employer-employee group with a minimum of 20 employees.

The policyholder must provide identity and age proof, address proof, and recent passport-size photographs to apply for Shriram Life New Group Gratuity.

The minimum life insurance cover for Shriram Life New Group Gratuity is ₹1,000 with no maximum limit, subject to underwriting considerations.

It is possible to download Shriram Life New Group Gratuity documents, including the policy brochure, presentation and document, and Premium Paid Certificate, online from the website www.shriramlife.com

To download the Premium Paid Certificate for Group Gratuity Scheme, enter your Policy Number, Date of Birth, select the Financial Year, and then click on 'Proceed' to download the digital copy.

To get the Shriram Life New Group Gratuity document offline, visit the nearest company branch and seek assistance from an executive.

The policy term for Shriram Life New Group Gratuity is annually renewable.

The maximum age for maturity for Shriram Life New Group Gratuity is 75 years.

The premium paying term for Group Gratuity Scheme is equal to the chosen policy term.

The minimum group size for Shriram Life New Group Gratuity is 20 employees.

The contribution for Shriram Life New Group Gratuity is as per the Actuary's certificate by AS-15 submitted by the Group policyholder.