Shriram Group Term Life Insurance Plan
Shriram Group Term Life Insurance Plan (Discontinued / Withdrawn Plan)
Shriram Group Term Life Insurance (UIN-128N042V01)is a One Year Renewable Group Term Assurance plan that offers the options of lump sum death benefits or monthly income benefits in the event of death of a member. Shriram Group Term Life Insurance is an affordable, easy-to-obtain financial security net for you and your loved ones. It pays a lump sum payment in case of unfortunate death helping your family to reduce their debts.
Key Features
Life Coverage
Life Coverage
Life Coverage
Benefits to the Members of The Group
Cash bonuses accumulated until the date of maturity of the policy
80% of the total premiums paid until the date of demise, or
Shriram Life Savings Plan Eligibility
| Age Criteria | Entry Minimum: 30 days Maximum: 55 years (age last birthday) |
|---|---|
| Cover Ceasing Age | Maximum 76 years (age last birthday) |
| Policy Term | 1 year |
| Minimum Group Size | 20 Members |
| Nature of Scheme | Statutory |
| Sum Assured | Minimum: Rs 15,000 Maximum: 5 Lakhs |