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Shriram Life New Shri Life Plan

Shriram Life New Shri Life - One plan to get higher returns, rebates, and death coverage at lower premium payments.

Shriram Life New Shri Life - One plan to get higher returns, rebates, and death coverage at lower premium payments.

  • Self
  • Spouse
  • Child
  • Grand Child
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Eligibility and Required Documents for Shriram New Shri Life

To be eligible for the Shriram New Shri Life policy, the life assured must meet the following eligibility criteria.

Age Limit

Entry Minimum: 30 days (age last birthday)
Maximum: 60 years (age last birthday)

Maximum Maturity

Minimum:18 years (age last birthday)
Maximum: 75 years (age last birthday)

Policy Terms

10

15

20

25

Premium Paying Term

8,10

8,10,15

8,10,20

8,15,25

Premium Mode

Yearly, Half-yearly, Quarterly, Monthly

Maximum Premium Payment Age

For PPT 8 & 10: 70 years (age last birthday)
For PPT 15, 20 & 25: 65 years (age last birthday)

Annual Premium

Minimum: ₹5000
Maximum: No limit, subject to board-approved underwriting policy.

Sum Assured

Minimum: ₹50,000
Maximum: No limit, subject to board-approved underwriting policy.

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.