Protection Plan for your Better Future!
Complete Financial Security Starting at ₹300 per month with Shriram Life Protection Plans
- Easy Claim Process
- Quick Disbursals
- Hassle-Free Purchase
Eligibility and Documents Required for Shriram Life Protection Plans
Plan Options | Three plan options: Option I: Lump sum Option II: Monthly income Option III: Lumpsum+ monthly income |
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Age at Entry | Minimum - 18 years Maximum- 45 years for Option I and 55 years for Option II & Option III |
Age at Maturity (Age last birthday) | Minimum - 28 years for Option I and 38 years for Option II & Option III Maximum- 75 years for Option I and 65 years for Option II & Option III |
Premium Paying Tenure (PPT) | Equal to policy tenure |
Policy Tenure (PT) | Minimum: 10 years Maximum: 57 years |
Sum Assured | Minimum: ₹25 lakhs Maximum: ₹10 crores (in multiples of ₹1 lakh) |
Premium Payment Mode | Monthly, Quarterly, Half-yearly and Yearly |
Premium | Minimum: ₹1,695 per annum |
Optional Riders | i) Accident Benefit Rider ii) Shriram Life Critical Illness Plus Rider |
Minimum Group Size | Not applicable |