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Key Features and Benefits of Shriram Life Saral Jeevan Bima
The features of Shriram Life Saral Jeevan Bima are as follows:
Longer Policy Term
Shriram Life Saral Jeevan Bima allows you to choose from a policy term starting from five years and going up to 40 years. Get covered for longer tenures for maximum protection.
Multiple Premium Paying Terms
There are three premium paying terms to choose from: Regular, Limited and Single. Choose the term that suits your needs and pay affordable premiums for hassle-free coverage.
Flexibility in Premium Payment
Enjoy the flexibility of choosing your premium payment frequency. Pay the premium annually, half-yearly or quarterly and make it more affordable.
Wide Coverage
Choose a sum assured starting from ₹5 lakhs and going up to ₹25 lakhs for wider financial protection against premature demise.
Immediate Coverage for Accidents
Accidental demises are unforeseen. That is why Shriram Life Saral Jeevan Bima allows coverage for such contingencies from the first day the policy commences.
Premium Waiver Benefit
If you choose the optional rider, your premiums will be waived off in the case of permanent disability caused by an accident. The policy, however, will stay active, allowing coverage until the chosen term expires.