Term Life Insurance Premium Calculator
Date of Birth
Do you smoke or chew tobacco?
Choose required coverage to secure your family’s future
Benefits of Shriram Life Insurance
Since its commencement, Shriram Life Insurance Co Ltd has been dedicatedly catering to supplement the financial needs of all its customers. Serving trustworthily for more than a decade now, the Shriram Group has created a strong network of around 550 offices present across the nation. The Group’s financial inclusion philosophy has been a win-win situation both for the firm and its clients as well. The Shriram Life Insurance Company aims to offer life insurance products and solutions that cater to a broader demography.
Benefits of Shriram Life Insurance
The benefits offered by the Shriram Life Insurance Company are as follows:
1. Broad Catalogue: Shriram Life Insurance Company features a diversified catalog to provide you with all forms of insurance services under one roof. There are term plans, cancer care plans, child education plans, savings plans, investment plans, retirement plans, and protection plans to choose from.
2. Dual Benefit of Maturity and Death Claims: Every plan offered at Shriram Life Insurance Company comes with a dual assured benefit for the claimant – maturity benefit and death claim benefits. Under maturity benefits, the policyholder is eligible to receive maturity sum assured as a lump sum amount. On the contrary, in the event of the death of the life assured, his beneficiary or nominee receives the death sum assured.
3. Availability of Riders: Emergency events can knock on your doors at any time. In the event of such emergency medical conditions, Shriram Life Insurance Company promises their customers four kinds of benefit riders – Shriram Extra Insurance Cover Rider, Accidental Benefit Rider, Shriram Critical Illness Cover Rider, and Family Income Benefit Rider.
4. Flexible Payment Modes: Shriram Life Insurance Policy offers flexible premium payment modes wherein you can accomplish your premium payments either monthly/quarterly/half-yearly/annually. The terms may vary from 8 to 10 to 12 to 15 years of the policy tenure.
5. Award-Winning Customer-Oriented Services: Shriram Life Insurance Company is known for its customer-oriented services. For their dedication and determination, the company has bagged in several recognitions – the Indian Insurance Award for Non-Urban Coverage, Businesswomen of the Year 2018, and Best Life Insurance Policy Award for the Private Sector. Apart from these recognitions, the Shriram Group also received a CII award for Customer Obsession in 2019.
Latest News on Shriram Life Insurance
- ULIPs are a fantastic way to have the best of both worlds: investing and insurance protection. They are well-known among investors as a wonderful investment tool for establishing investment habits and giving flexibility to investors. Read now to know no m
- Shriram Life Insurance is a reputed insurance company in India providing its customers with the best life plans for many years but like every other company, they too have their own list of exclusions. If you are about to subscribe to any of their policies
Why to Buy Life Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 50 Lacs+ happy customers
Life Insurance News
ULIPs are a fantastic way to have the best of both worlds: i...16 July 2021
Shriram Life Insurance is a reputed insurance company in Ind...11 July 2021
Shriram Life Insurance User Reviews
Claim Process at Shriram Life Insurance
Claim IntimationIn the event of the death of the life assured, the insurance company should be intimated as early as possible.
Submission of DocumentsFor easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
Claim EvaluationAfter successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
Claim SettlementIf claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.
Best Insurance Advisors in Your City.
FAQ About Shriram Life Insurance
What is Survival Benefit in Shriram Life Insurance?
Survival Benefit in Shriram Life Insurance is the sum assured in the policy which is paid in the predefined number of installments.
What is a rider in Shriram Life insurance plans?
Riders are the additional insurance benefits that add to your Shriram LIfe insurance policies. It is a condition or a clause which adds across your basic plan in the form of extra premiums or add-on benefits.
Is nomination required for availing of Shriram Life Insurance Policy?
The nomination is quite essential as the nominated person is entitled to claim the assured amount from Shriram Life Insurance Company in the event of the claimant's death.
How can you check the fund value of your Shriram Life Insurance Policy?
The value of Policy is the “Fund Value”. To check your insurance policy's fund values, you first need to log in to your Policy Account. As soon as you log in, click on the tab highlighting fund details, and enter your policy number.
What do you mean by policy assignment in Shriram Life Insurance?
Policy assignment in Shriram Life Insurance is defined as the transfer of the life cover and benefits of a particular policy to some other person or an institution.