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
InstantIssuance
WorldwideCoverage

Best Life Insurance Plan in UAE

Updated 14 August 2026Life Insurance

We Are Rated

4.3/5★★★★★★★★★★

Central Bank UAE

Registration No.: - 123

1.5 Million+

Trusted Customers

35+

Insurance Partners

820 K+

Policies Sold

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.

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

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