Eligibility and Required Documents for Shriram Life New Shri Life
To be eligible for the Shriram Life 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) |
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Maximum Maturity | Minimum:18 years (age last birthday) Maximum: 75 years (age last birthday) |
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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) |
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Annual Premium | Minimum: ₹5000 Maximum: No limit, subject to board-approved underwriting policy. |
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Sum Assured | Minimum: ₹50,000 Maximum: No limit, subject to board-approved underwriting policy. |