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Shriram Life Insurance

Established in 2005, Shriram Life Insurance is among the most trusted insurance companies out there. It is known for its high quality and cost-effective insurance solutions (including top life insurance products), which ensures that you get value for money.

No Hidden Charges

Instant

Issuance

Worldwide

Coverage

We Are Rated

4.6/5

★★★★★

26694

google-logoReviews
35+

Insurance Partners

1.5 Million+

Trusted Customers

750 K+

Policies Sold

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AED 1 Million Cover
Starting @ AED 50/month*
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Monthly Income (Dirhams)
1k - 3k
3k - 5k
5k - 8k
8k - 10k
10k - 15k
15k - 20k
20k+
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In terms of life coverage, the company offers various life policies that help you financially cover your family as per your specific requirements. Let’s dive deeper and find out more about the life coverage products from Shriram Life Insurance.

Table of Content

Why Should You Buy Life Insurance from Shriram Life Insurance?

Here are the reasons to buy life insurance from Shriram Life —

  • The company has served more than 7.2 crore customers so far
  • Quick claim settlement 
  • Easy online application
  • Flexible and customisable plans

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Best Shriram Life Insurance Plans 

Here’s the list of major Shriram Life insurance plans —

Plans Benefits
Smart Protection Plan
  • Annual premium as low as INR 270 per annum
  • Policy duration of up to 30 years
  • Option to level up protection
  • Assured death benefit
  • Female discount
  • Cover for 6 critical illnesses under the Diamond Plan option
  • Inbuilt claim accidental cover with Gold Plan option
Smart Protection Plan SP
  • Single premium payment 
  • Long-term life protection
  • Additional protection cover through 3 different options — Diamond, Silver, and Gold
  • High sum assured at affordable rates
  • Accidental death benefits under Gold coverage
  • Accelerated critical illness benefit under Diamond cover 
Saral Jeevan Bima
  • Long-term coverage of up to 40 years
  • Flexible premium payment — limited pay, one-time pay, monthly, quarterly, half-yearly, or annually
  • Premium rebates when you choose higher sum assured
  • Easily revive lapsed policy within 5 years
  • Accidental benefit rider
  • Premium waiver benefit rider
Cash Back Term Plan
  • Cover in case of premature death during the policy tenure
  • Return of premium as maturity benefit
  • Policy tenure of up to 25 years
  • Flexibility for premium payment
  • Affordable term plans
  • Revive policy within 5 years
  • Optional riders like accident benefit, family income benefit, and critical illness plus rider
Family Protection Plan
  • Cover your family at affordable premiums 
  • Policy tenure that goes up to 25 years
  • Multiple payout options
  • Quick claim settlement process
  • Rebates on premium if you opt for higher sum assured
Online Term Plan
  • Long term policy coverage
  • Premium payment flexibility — annually, half-yearly, quarterly, or monthly (as per your budget and planning)
  • Premium rebates if you opt for higher sum assured
  • Lower premiums for women
  • Enhanced coverage with inbuilt benefits like terminal illness and permanent and total disability benefit
  • Coverage in case of accidental contingencies
  • Waiver of premium benefit
  • Critical illness cover that covers 23 major illnesses
 
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Who Should Buy Shriram Life Insurance?

Buying a Shriram Life insurance plan is a smart way to protect your family’s future — it offers financial support to your loved ones if something happens to you. 

Shriram Life policies are quite affordable and easy to purchase. Here’s who should consider getting one —

  • Young Professionals: Starting early helps lock in low premiums and ensures early protection
  • Sole Earners: If you’re the only income source, the plan secures your family’s finances in your absence and lets them fulfil their daily obligations 
  • Loan Holders: Those with home, education, or personal loans can protect their families from repaying debts
  • Caregivers for Elderly Parents: The payout can help parents manage expenses if you’re not around
  • Women: Whether working or homemakers, term plans help women ensure their family’s financial stability
  • Newlyweds and Parents: Protect your spouse and children right from the start of your new journey
  • Business Owners: Ensure business continuity with financial support for your venture
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