Key Features of Shriram Life Online Term Plan

The Shriram Life Online Term Plan has very low premiums starting at ₹1,695 annually. This makes the plan pocket-friendly without compromising on coverage.

There are three options under the base plan. These options differ in terms of the benefit payout. You can choose to receive the benefit in a lump sum, in monthly instalments or a combination of both.

Enjoy coverage going up to 75 years as the plan allows long-term policy tenures of up to 57 years. This ensures longer protection against unforeseen emergencies. 

Pay the premium throughout the chosen policy tenure annually, quarterly, half-yearly or monthly depending on your suitability.

Female lives are rated back three years so that they can enjoy lower premiums on their coverage.

If you choose the high sum assured levels, you can enjoy premium rebates, which further help reduce the overall premium outgo.