Key Features of Shriram Life Sujana Plan

The life cover under the Shriram Life Sujana extends up to 75 years of age. This provides almost lifelong financial protection to the insured person and his family members.

This is one of the key features of Shriram Life Sujana whereby in case of the demise of the insured person who has entered into a borrowing arrangement, the burden of debt repayment won’t fall on the shoulders of the family members of the insured person.

Shriram Life Sujana comes with multiple cover options. Policy holders can choose between level cover, annually reducing cover as well as monthly reducing cover.

You will find a minimum group size of 20 or 50 people for buying a group insurance plan. However, with Shriram Life Sujana, you can buy this plan with a group size of just 5 members. This increases its access to a wide range of prospective buyers.

Sum assured is flexible under the Shriram Life Sujana and the minimum sum assured begins with just ₹1,000 per member. This makes it a highly affordable group insurance plan that caters to the needs of almost all sections of society.

The premiums under Shriram Life Sujana can be paid either yearly, half-yearly, quarterly or monthly depending upon your needs and preferences.