OTP Verification
Please Enter OTP that has been sent to your registered
mobile number +91
Shriram Life Smart Protection Plan SP
What is Shriram Life Smart Protection Plan SP?
Shriram Life Smart Protection Plan SP (UIN: 128N090V03) is a non-participating, non-linked Smart Protection Plan SP that offers life coverage. It's different from others because you only make a single premium payment and enjoy extended life protection.
- Buy Shriram Life Smart Protection Plan SP online in just four simple steps.
- Pay only one premium and get extended life protection.
- Different life covers are available for enhanced protection.
- Pay a simple premium payment and receive a higher death sum assured.
- Claim tax benefits for your premium payments.
- Protect your family and loved ones with a life protection cover.
Policy Type
Protection Plans
Policy Term
Minimum 6 years - Maximum 10 years
Minimum Premium
Minimum: 6 months - 5 years (multiple of 6-month frequency) Maximum: 6 years - 20 years (multiple of 1 year frequency)
Maturity Age
75 years 65 years for POS
Features and Benefits of Shriram Life Smart Protection Plan SP
Here are the features of Shriram Life Smart Protection Plan SP:
Single Premium Payment
You will only make one premium payment in your entire insurance tenure.
Additional Protection Covers
Different coverage plans like Gold, Silver, and Diamond are available for extensive protection.
Long-Term Life Protection
The minimum tenure of the smart protection plan from Shriram is six years.
Higher Death Sum Assured
Your family will receive a lump sum death amount in case of demise due to natural or accidental reasons, depending on the cover chosen.
Accelerated Critical Illness Benefit
A critical illness cover is available if you select the Diamond cover. Upon diagnosis of any of the covered critical illnesses, you will be given 25% of the sum assured.
Accidental Death Benefits
If you have selected Gold coverage, you will receive coverage against accidents along with life protection.
How to Apply for Shriram Life Smart Protection Plan SP
You can apply for the Shriram Life Smart Protection Plan SP in four easy steps:
Step 01
Register using your Mobile Number
Step 02
Verify and Proceed using OTP
Step 03
Receive a Call from our representative
How to Claim for Shriram Life Smart Protection Plan SP
You can submit death claims, disability claims, cancer care claims and critical Illness claims for your Shriram Life Smart Protection Plan SP online on our website by following simple steps provided below.
Step 01
Come to the claim center, select intimate claim Button
Step 02
Choose in the dropdown Request Type - death
Step 03
Fill the details of insurer, death event, details of doctor who declared death (Doctor -Non mandatory)
Step 04
Fill the personal and bank details of claimants and upload the documents
Documents to be uploaded
- Death certificate issued by Local Body/Municipal Body
- Nominee bank passbook
- Postmortem report
- Claim form B
- Claim form A
- Policy Document
- Hospital Summary/Hospital records
- Nominee ID proof (ID proof /address Proof)
- FIR/ Panchnama/ Inquest Report and final investigation report
- Upload Signature of claimant
- Copy of driving license if Life Assured was driving the vehicle at the time of accident (applicable if Rider is opted)
- NEFT mandate form
- Claims form C and E wherever applicable
Eligibility Criteria for Shriram Life Smart Protection Plan SP
Eligibility Criteria | Limits |
|---|---|
Age at Entry | Minimum: 18 years (age last birthday) |
Maximum Maturity Age | 75 years (age last birthday) |
Policy Term | Minimum:6 months - 5 years(multiple of 6 months frequency) |
Premium Paying Term | Single |
Minimum Premium | Rs 200 (for policy term <6 years) |
Sum Assured Amount | Minimum: For PT <= 5 years, Rs.1,00,000 |
What does Shriram Life Smart Protection Plan SP cover?
The Shriram Life Smart Protection Plan SP covers life protection for the chosen term years if you make a single premium payment. Based on the coverage plan chosen (Silver, Gold and Diamond), you will receive basic life protection, life protection against accidents and life protection against specific critical illnesses. In case of an unfortunate demise, the lump sum death benefit will be given to the nominee you choose.
Downloads
All policy-related documents are easily available online on the website for the comfort and ease of all our customers. You can simply visit our website www.shriramlife.com. go to the download section on the policy page and download the policy document, brochure and presentation.
FAQ's
What is the assured sum amount for POS policies in Shriram Life Smart Protection plan SP?
For POS policies, the sum assured will be in multiples of ₹50,000 in Shriram Life Smart Protection Plan SP.
What are the policy terms I can choose in Shriram Life Smart Protection Plan SP?
PT should be, 6 months- 5 years (multiples of 6 months)
6 years – 10 years (Multiples of 1 year)
What is the eligibility status for my kids in Shriram Life Smart Protection Plan SP?
Your kids will not be eligible for Shriram Life Smart Protection Plan SP as the entry year for this plan is 18 years. You can apply on behalf of your kids once they reach 18 years of age.
Testimonials
What our customers say about us
Abha
Rasiya
Nagamani
Manjunath
Abha