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Coverage Against Uncertainties with Shriram Life Smart Protection Plan

Coverage Against Uncertainties with Shriram Life Smart Protection Plan

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Shriram Life Smart Protection Plan Eligibility and Required Documents

Entry Age

Minimum - 18 Yrs   
Maximum & Regular Pay - 65 Years  
Limited Pay - For PT 5 & 10 years: 60 Years  
                        For PT 15 years: 55 Years  
(As on last birthday)

Maturity Age

Regular Pay: 75 years  
Limited Pay: 65 Years  
PoS Policies: 65 Years  
(As on last birthday)

Sum Assured

Minimum - ₹ 30,000  
Maximum - ₹ 14 Lakhs for both RP and LP  
(Subject to Board approved underwriting policy. For POS policies the sum assured will be allowed in multiples of Rs. 50,000 only.)

Policy Term

Regular Pay - 1-5 Yrs (multiples of 1 yr)  
                        10 – 30 Yrs (multiples of 5 Yrs)  
Limited Pay - 5, 10, 15 Yrs

Premium Payment Term

Regular Pay - Same as policy term  
Limited Pay - For PT 5 years: 3 Years  
                        For PT 10 years: 3, 5 Years  
                        For PT 15 years: 5 Years

Premium Payment Mode

Yearly  
Half Yearly  
Quarterly  
Monthly

Disclaimer

For more details on risk factors, terms, and conditions please read the sales brochure carefully before concluding a sale.  

*Tax Benefits:  
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.  
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time.

IRDAI Regn No: 128  
CIN No : U66010TG2005PLC045616 of the Company

The Trade Logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a License agreement.”

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS

  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.