Shriram Life Premier Assured Benefit Eligibility and Documents Required

Eligibility Criteria

Limits

Age

Minimum: 30 days  
Maximum: 50 years (age last birthday) for Life Plus option

                     60 years (age last birthday) for Life option

Maturity Age

Minimum: 18 years (age last birthday)  
Maximum: 70 years (age last birthday) for Life Plus option

                     75 years (age last birthday) for Life option

Policy Term (In years)

10

12

15

20

Premium Payment Term (In years)

6 years and single payment

6

6, 8, 10

6, 8, 10

Premium Payment Mode

Single, Monthly, Quarterly, Half-Yearly, and Annual

Premium Range

Minimum  
Limited Pay

Yearly

Half-Yearly

Quarterly

Monthly

Single pay

₹60,000

₹31,000

₹15,500

₹5500

₹3,00,000

Maximum  
No limit, subject to board-approved underwriting policy