UIN 128N089V04

A Non-linked Non-Participating Life Insurance Individual Savings Plan

The smart choice
for
a better tomorrow
 As we get older, our responsibilities increase;
responsibilities towards our elderly parents,
spouse and children. We go from being
dependents to having dependents of our
own, and it is our responsibility to take care of
them. But what would happen to them in our
absence?

Life Insurance is the tool that will make sure

your family is taken care of in your absence.
Presenting Shriram Life Assured Savings Plan,
which helps build your savings while ensuring
your family is taken care of financially, even
in your absence – and all of that is available
without any medicals.

Life Cover and Higher maturity

Life Cover without Returns, Fully Assured benefit for higher
medicals premiums (as high as
KEY FEATURES

upfront
174%*)

Double Cover on Flexibility to change

Accidental Death with Policy Term and
Option 2 Premium Payment
Term

*of basic sum assured payable on maturity for age 5 years, Premium Payment Term of 8 years, Policy Term of 15 years, an annualized premium of ₹ 1,00,000 for option 1
#Applicable to all POS policies. For non-POS policies it is subject to board approved underwriting policy.
 Eligibility Criteria Limits

Option 1: Life Cover

Plan Options Option 2: Life Cover with in-built Accidental Death Benefit

Minimum: 3 years (age last birthday)

Entry Age
PLAN ELIGIBILITY
Maximum: 55 years (age last birthday)

Minimum: 18 years (age last birthday)

Maturity Age Maximum: 65 years (age last birthday)

Policy Term 7,10 & 15 years

Regular - Equal to Policy Term

Premium Paying Term Limited - For Policy Term of 7 years : 5 years
For Policy Term of 10 years : 5,8 years
For Policy Term of 15 years : 8, 10 years

Premium Paying Mode Yearly / Half-Yearly / Quaterly / Monthly

Min Premium Yearly - 8,000

Half Yearly - 4,500
Quaterly - 2,500
Monthly - 1,000

Basic Sum Assured Minimum: ₹ 40,000

Maximum: Subject to Board approved underwriting policy and maximum Death Sum Assured of ₹ 25,00,000

HOW DOES THE PLAN WORK?

• Choose the amount you can set aside regularly towards your life insurance cover and your financial goal. This will be
your premium.
• Choose the plan option based on your life insurance cover needs. Benefits will vary depending upon the option chosen.
• Decide how frequently and for how long you wish to pay your premiums. You can pay your premiums in yearly,
half-yearly, quarterly or monthly frequencies. You can continue to pay your premiums for 5, 8, 10 or 15 years.
• Choose your policy term depending on when you need your savings to fund your financial goal. You also get life
insurance protection for this period.
• What's more, the plan offers you unmatched flexibilities – think you can save for longer or need access to your money
sooner? We understand that your needs may change after buying the policy and hence, we allow you to change your
Premium Payment Term and Policy Term during the duration of the policy any number of times and absolutely free of
charge. Your maturity benefit will correspond to the revised Policy Term and Premium Payment Term.
• On maturity, you will get a lump sum benefit which depends on premium, premium size, age of the life assured, plan
option, Premium Payment Term and Policy Term.
• Life cover is available throughout the policy term to protect your family.
 BENEFITS UNDER THE PLAN

Death Benefit
The death benefit depends on the plan option chosen and is paid to the
nominee(s) or beneficiary(ies), provided the policy is in force, as
indicated in the table below:

Death due to Option 1 Option 2

Accident Death Sum Assured 2X Death Sum Assured

Other than accident Death Sum Assured Death Sum Assured

Option 1 (Life Cover)

• The death benefit equal to one “Death Sum Assured” will be payableto
the nominee(s) or beneficiary(ies), provided the policy is in force, -
a. In case of death of the life assured due to accident during the
waiting period
b. In case of death of the life assured after the waiting period due to
any reason
other than an accident
• The death benefit equal to 100% of Total Premiums Paid till date will be The policy will terminate on payment of the death benefit.
payable to the nominee(s) or beneficiary(ies), provided the policy is in
force, - “Waiting period” (applicable for death due to any reason other than
a. In case of death of the life assured during the waiting period due to an accident) is a period of first 90 days from the date of acceptance
other than an accident of risk. Waiting period is not applicable in case of revival.
Option 2 (Life Cover with in-built accidental death cover)
“Death Sum Assured” is defined as the higher of
In case of death of the life assured due to accident anytime during the
policy time, an additional benefit equal to one more “Death Sum Assured” ‘Annualized premium’ means the premium amount payable in a
will be paid to the nominee(s) or beneficiary(ies), provided the policy is in year chosen by the policyholder excluding the taxes, rider premiums,
underwriting extra premiums and loadings for modal premiums, if
force. This benefit will be payable in addition to the death benefit payable
any.
under option 1 (Life Cover).
‘Total Premiums Paid’ is the total of all premiums received excluding
• 10 times annualized premium if the age at entry is less than or equal to
any extra premium, any rider premium and taxes.
45 years &
7 times annualized premium if the age at entry is above 45 years ‘Accidental death’: Death due to an accident where an accident is
• 105% of the Total Premiums Paid till the date of death defined as that which is a sudden, unforeseen and involuntary event
• Surrender Value on the date of death caused by external, visible and violent means. Accidental injuries,
solely, directly and independently of all other causes resulting in the
death of the life assured within 180 days from the date of occurrence
of an accident, shall be considered as death due to accident.
 Maturity Benefit

In case of survival of the life assured up to the end of the policy term, provided the policy is in force, the Guaranteed Maturity Sum Assured will be
payable immediately in a lump sum and the policy will be terminated
Guaranteed Maturity Sum Assured = Maturity Benefit Factor * Basic Sum Assured
Where, Basic Sum Assured = Premium Paying Term * Annualized premium

Sample Maturity Benefit Factors

Base Plan
BaseBenefit Factors
Plan Benefit – Option
Factors 1 1
– Option Base Plan with Accident Benefit Rider Benefit Factors –Option 2
Age/Term 7 10 10 15 10 15 15 Age/Term 7 10 10 15 10 15 15
PPT 5 5 10 15 8 8 10 PPT 5 5 10 15 8 8 10
25 110.50% 128.00% 119.25% 143.50% 123.00% 162.50% 158.50% 25 109.50% 127.00% 118.25% 142.50% 122.00% 161.00% 157.00%

30 109.50% 128.00% 118.75% 143.50% 123.00% 162.50% 158.50% 30 109.50% 126.00% 118.25% 142.50% 122.00% 161.00% 157.00%

35 109.50% 127.00% 118.75% 143.00% 122.50% 162.00% 158.00% 35 108.50% 125.00% 117.75% 142.00% 121.50% 160.00% 156.50%

40 108.50% 125.00% 117.75% 142.50% 121.50% 160.50% 157.00% 40 107.50% 123.00% 117.25% 141.50% 120.50% 159.00% 155.50%

45 106.50% 122.00% 116.25% 141.00% 119.50% 158.00% 155.00% 45 105.50% 120.00% 115.75% 140.00% 118.50% 156.50% 153.50%

50 106.50% 123.00% 116.75% 142.00% 120.00% 159.50% 156.00% 50 105.50% 122.00% 116.25% 141.00% 119.50% 158.00% 154.50%

55 104.50% 118.00% 114.25% 117.50% 55 104.00% 117.00% 113.75% 116.50%

Higher Premium Additions Policy Term 7 10 10 15 15

PPT Type LP RP LP RP LP
For high premium policies, the Maturity Benefit Factor
8000 – 11,999 0.00% 0.00% 0.00% 0.00% 0.00%
shall be increased by adding the following percentages
as mentioned in the table below: Annualised 12,000 – 14,999 2.00% 2.75% 2.75% 3.25% 3.50%
Premium 15,000 – 19,999 3.00% 3.75% 4.00% 4.50% 5.25%
band (in Rs.)
20,000 – 24,999 4.00% 4.75% 5.25% 6.00% 7.00%
25,000 – 49,999 5.00% 5.50% 6.00% 6.75% 7.75%
50,000 – 99,999 6.00% 6.50% 7.00% 7.75% 9.00%
1,00,000 and above 6.75% 7.00% 8.00% 8.75% 9.75%
 SAMPLE ILLUSTRATION
Let’s understand this plan with an example. Ravi, a 30 year old businessman has
to travel frequently. Aware of the risk due to regular travel, he wants to buy a life
insurance plan to safeguard his family in his absence and save money for the
future. He decides to buy Shriram Life Assured Savings Plan (Option 2) as it offers
him the flexibility to change the Policy Term and Premium Payment Term anytime
he would like, in case the need to do so arises. He chooses a Policy Term of 15
years, Premium Payment Term of 15 years and Annualized Premium of ₹ 50,000.

Scenario 1: Survival to Maturity

On survival to maturity, Ravi will receive ₹ 11,26,875 in lump sum as a Maturity
Benefit after paying total premiums of ₹ 7, 50,000.

How did we arrive at this value?

Basic Sum Assured (BSA) = Premium Payment Term X Annualized Premium
= 15 X 50,000
= ₹ 7, 50,000
Guaranteed Maturity Sum Assured = BSA X (Maturity Benefit Factor + Higher
Premium Additions) %
= 7, 50,000 X (142.50% + 7.75%)
= 7, 50,000 X 150.25%
= ₹ 11,26,875

Pays Premium of ₹50,000 p.a. for 15 years

PPT

year On Maturity,
year 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Receives
₹ 11,26,875
PT
Scenario 2: Unfortunate demise during Policy Term

Ravi met with an accident in the second policy year and passes away. His family receives ₹ 10, 00,000 in lump sum as Death
Benefit.
If Ravi died due to other reasons other than accident, his family receives a Death Sum Assured of ₹ 5, 00,000
How did we arrive at this value?
Since Ravi’s age at entry is below 45 years, his Death Benefit will be 10
times the Annualized Premium. As Ravi dies due to an accident, he
receives 2 times the Death Sum Assured.
Death Benefit = 2 X 10 X 50,000
= ₹ 10, 00,000

Pays Premiun of
₹ 50,000 p.a
for 2 years

Recieves Death
year 0 1 2nd year Sum Assured of
₹10,00,000 as
Lump sum

Premium Payment Mode

In case you find it difficult to pay the premium for the whole year at
once, you can also pay your premiums in Half-yearly, Quarterly or
Monthly modes. Where premiums are paid in non-yearly mode, the
instalment premium will be multiplied by the modal factor as shown
below to arrive at the Annualized Premium:

Mode Half Yearly Quarterly Monthly

Factor 1.967 3.900 11.636

 Paid up Death Benefit
Grace Period
Option 1 (Life Cover):
We understand that sometimes due to unavoidable circumstances you • In case of death of the life assured within the policy term, “Paid-up
might find it difficult to pay your premiums on time. Don’t worry, we got Death Sum Assured” will be payable in lump sum to the nominee(s)
you covered! We allow a grace period of 30 days for payment of premium
or beneficiary(ies) and the policy will be terminated.
for non-monthly modes and 15 days for monthly mode. Moreover, in case
Option 2 (Life Cover with in-built accidental death cover)
the life assured dies during this grace period and the premium for that
period is still due, we still provide you the life cover and the death benefit • In case of death of the life assured due to other than an accident
shall be paid to the Nominee(s)/ Beneficiary(ies) after deducting the said within the policy term, “Paid-up Death Sum Assured” will be paid in
unpaid premium. If the premium remains unpaid at the expiry of the lump sum to the nominee(s) or beneficiary(ies) and the policy will
Grace Period, the policy will lapse provided the policy doesn’t acquire the be terminated.
paid-up value. If the policy has acquired the paid-up value, the policy will • In case of death of the life assured due to an accident within the
not lapse but will continue with the reduced paid-up benefits.
policy term, two “Paid-up Death Sum Assured” will be payable in
lump sum to the nominee(s) or beneficiary(ies) and the policy will
Lapse be terminated.

To get the maximum benefits out of the plan, we don’t want you to lapse Paid-up death sum assured = Death Sum Assured *(No of premiums
paid/Total no. of premiums payable)
the policy and request you to pay your premiums as and when due.
If at least one full year premium has not been paid and the premium due
Paid up Maturity Benefit
is not paid till the end of the grace period, the policy will lapse and no In case of survival of the life assured up to the end of the policy term,
benefits will be payable under the policy. “Paid-up Maturity Sum Assured” shall be paid on the maturity date to
In case the premium remains unpaid at the expiry of the Grace Period the life assured. This is applicable for both the options.

after the first policy years, provided that the premiums of the first year has
Paid-up Maturity Sum Assured = Guaranteed Maturity Sum Assured
been paid in full, the policy status will change to paid up. *(No of premiums paid/Total no. of premiums payable)
This paid-up policy will then continue up to the expiry of the Policy Term or
till the death of the Life Assured, whichever is earlier.
Revival of Lapsed Policy or Paid-up Policy
Paid up Value
We also provide you the option of restoring the full benefits in case of
both a lapsed or a paid-up policy. A policy can be revived anytime within
As mentioned above in Lapse section that even if you discontinue paying
five years from the date of the first unpaid premium by paying all
your premiums and have paid at least one year premium in full, your policy
outstanding premiums (from the date of the first unpaid premium to the
will get converted into a paid-up policy. Under paid-up policy, all your date of revival) The revival interest rate is determined by adding a
benefits (i.e. Death Benefit and Maturity Benefit) will reduce proportionately. margin of 1.5% to the 10- year annualised G Sec rate on 31st March of each
The proportionately reduced benefits will be calculated as follows: financial year and applicable for all policy revivals during 1st May to 30th
April of the following financial year. The interest rate derived as above
shall be rounded down to 0.5%.
No fee will be charged towards processing of revivals.
For example, the revival interest rate is 8.5% p.a. during FY 24-25.
Special Surrender Value (SSV)
Surrender Value Your policy acquires Special Surrender Value after completion of first

You have bought this policy with specific needs to meet some financial policy year only if at least first full policy year's premium(s) has been

goal. We would highly recommend you to continue this policy for the full paid.

term to reap the full benefits from it. In case of any financial emergency, Special Surrender Value will be SSV factor as a % of Paid up Maturity

you may take a loan against your policy instead of surrendering the Sum Assured.

policy. The SSV factors will be reviewed annually.

To get the surrender value, you must have paid at least first full policy The policy will terminate once the Surrender Value has been paid.

year's premium(s) and completed the first policy year.

Loans
On surrendering the policy, you will receive a Surrender Value, which is
higher of the Special Surrender Value (SSV) or the Guaranteed Surrender In situations where you are in desperate need of money for short term,
Value (GSV) as mentioned below- you can take Policy Loans within the surrender value. Policy Loans
equal to 80% of the surrender value, if any, are available on the policy.
Guaranteed Surrender Value (GSV)
However, the policyholders are allowed to take lower amount of loan
Your policy will acquire a Guaranteed Surrender Value after all due
than the available loan if they desire.
premiums for at least two full years have been paid.
The loan interest rate is determined by adding a margin of 2.5% to the
The Guaranteed Surrender Value is expressed as a percentage of total
10- year annualised G Sec rate on 31st March of each financial year
premiums paid (excluding any extras, rider premiums and taxes).
and applicable for all policy loans issued during 1st May to 30th April
of the following financial year. The interest rate derived as above shall
Policy Term 7 10 10 10 15 15 15 be rounded down to 0.5%
PPT 5 5 8 10 8 10 15 No fee will be charged towards processing of loans.
1 0% 0% 0% 0% 0% 0% 0%
For example: The loan interest rate is 9.5% p.a. during FY 2024 –
30%
2 35% 30% 30% 30% 30% 30% 24.
3 40% 35% 35% 35% 35% 35% 35% Interest will accrue on the outstanding loan balance at a rate
4 55% 50% 50% 50% 50% 50% 50% declared by the company from time to time.
5 65% 55% 58% 58% 58% 58% 58% Any outstanding loan with accrued interest will be recovered from
6 85% 60% 66% 66% 66% 66% 66% policy proceeds before any benefit is paid on the policy. The Com-
7 90% 65% 74% 74% 74% 74% 74% pany will ensure that no in-force/ fully paid-up policy will be
8 75% 82% 82% 82% 82% 82% canceled due to non-repayment of loans.
9 90% 91% 91% 91% 91% 91% In cases of policies other than in-force and fully paid-up, if the
10 100% 102% 102% 99% 96% 96% outstanding loan amount including interest exceeds the surrender
11 107% 102% 102% value, the policy will be foreclosed after giving intimation and
12 115% 110% 108% reasonable opportunity to continue the policy.
13 123% 119% 114%

14 131% 128% 120%

15 140% 137% 127%

TERMS & CONDITIONS
Exclusions At the point of sale, if any condition is noticed which shall lead to exclusion,
For the basic death benefit, there are no exclusions other than the suicide Option 2 shall not be offered.
clause.
Free Look Period
However, the life assured will not be entitled to any additional accidental
death benefits caused, occasioned, accelerated or aggravated directly or The policy holder has a period of 30 days beginning from the date of
indirectly due to any of the following: receipt of the policy document, whether received electronically or other-
wise, to review the terms and conditions of the policy.
• Suicide or attempted suicide or self-inflicted injury, whether the life
In the event a policyholder disagrees to any of the policy terms or condi-
assured is medically sane or insane.
tions, or otherwise and has not made any claim, he shall have the option
• War, terrorism, invasion, an act of foreign enemy, hostilities, civil war,
to return the policy to the insurer for cancellation, stating the reasons for
martial law, rebellion, revolution, insurrection, military or usurper power,
the same.
riot or civil commotion. War means any war whether declared or not.
Irrespective of the reasons mentioned, the policyholder shall be entitled to
• Taking part in any naval, military or air force operation during peace
a refund of the premium paid subject only to a deduction of a proportion-
time.
ate risk premium for the period of cover and the expenses, if any, incurred
• Committing an assault, a criminal offense, an illegal activity or any
by the insurer on medical examination of the proposer and stamp duty
breach of law with criminal intent.
charges.
• Taking part in professional sport(s) or any adventurous pursuits or
A request received by insurer for cancellation of the policy during free look
hobbies. “Adventurous Pursuits or Hobbies” includes any kind of racing
period shall be processed and premium shall be refunded within 7 days of
(other than on foot or swimming), potholing, rock climbing (except on
receipt of such request.
man-made walls), hunting, mountaineering or climbing requiring the
The Company ensures compliance with IRDAI (Protection of Polichyhold-
use of ropes or guides, any underwater activities involving the use of
ers’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024.
underwater breathing apparatus including deep sea diving, sky diving,
cliff diving, bungee jumping, paragliding, hand gliding and parachuting.
Grievance Redressal
• Taking or absorbing, accidentally or otherwise, any intoxicating liquor,
drug, narcotics, medicine, sedative, poison or psychotropic substances, At Shriram Life, our customers are our top priority. We pride ourselves on being
unless taken in accordance with the lawful directions and prescription a service-oriented company that responds quickly to your needs. We under-
of a medical practitioner. stand that there may be times when things don't go as expected, but rest
• Nuclear Contamination; the radioactive, explosive or hazardous nature
assured, we're here to help. We offer an accessible and responsive mecha-
of nuclear fuel materials or property contaminated by nuclear fuel
nism for addressing your grievances and suggestions. You can always reach
materials or accident arising from such nature.
• Inhaling any gas or fumes, accidentally or otherwise, except accidental- us at:
ly in the course of duty. The intent under this exclusion is to exclude acci- • Toll-Free Numbers: 1800-3000-6116 / 1800-103-6116
dental gas/fumes leak incidents which could lead to exposing the Email--customercare@[Link]
population to such toxic gas/fumes and lead to deaths (like Bhopal Gas
• Grievance Redressal Officer: 040-23009400
Tragedy). However, if the incident happens as part of the life assured’s
job then the claim is payable. Email: [Link]@[Link]
• Participation in aviation other than as a fare-paying passenger in an • For more touchpoints and details, visit
aircraft that is authorized by the relevant regulations to carry such [Link]
passengers between established aerodromes.
 Alterations Taxes (GST)

Alteration of Policy Term, Premium Payment Term and Premium Payment Premiums are exclusive of taxes.
Mode are allowed under this plan. All Premiums are subject to applicable taxes, cesses and levies which shall
• There is no restriction on the number of alterations. be paid by you along with the Premium. If any additional
• Premium payment mode can be altered at any time during the Taxes/Cesses/Levies are imposed by any statutory or administrative body
premium payment term but will be effective only from the next policy of this country under this Policy, we reserve the right to claim the same from
anniversary. the policyholder.
• Option to alter the Premium Paying Term or Policy Term should be
Nomination
exercised at least three months before the end of the Premium Paying
Term or Policy Term respectively The life assured, where he is the policyholder, can at any time during the
• No alteration fee will be charged. policy term make a nomination as per Section 39 of the Insurance Act, 1938
as amended from time to time to receive benefits in the event of his death.
Where the nominee is a minor, the policyholder shall also appoint a person
Minor Lives
to receive the policy monies during the minority of the nominee.
In case of minor lives assured, the risk cover starts from the 1st policy
anniversary. The life assured whose age is less than 18 years (age last
Assignment
birthday) at the date of commencement of policy shall be considered as
minor. In case of the death of the minor life assured during the first policy The assignment is transferring the title and rights of policy absolutely or
year, the total premiums paid will be refunded and the policy will be conditionally. Assignment of the policy may be made as per Section 38 of
terminated. The Insurance Act, 1938 as amended from time to time by an endorsement
On the date of attaining majority, the policy shall be vested automatically in upon the policy itself or by a separate instrument.
the name of the life assured.

Fraud or Misrepresentation
Suicide Exclusion
In case of fraud or misrepresentation, an action shall be initiated in
In case of death due to suicide within 12 months from the date of accordance with Section 45 of the Insurance Act, 1938 as amended from
commencement of risk under the policy or from the date of revival of the time to time.
policy, as applicable, the nominee(s) or beneficiary(ies) of the policyholder
shall be entitled to 80% of the total premiums paid till the date of death or the
surrender value available as on the date of death whichever is higher,
Important Sections of the Insurance Act
provided the policy is in force. Prohibition of Rebates - Section 41 of the Insurance Act, 1938 as amended
from time to time
Tax Benefits No person shall allow, or offer to allow, either directly or indirectly as an
inducement to any person to take out or renew or continue insurance in
Tax benefits may be available as per prevailing tax laws. Tax benefits are respect of any kind of risk relating to lives or property in India, any rebate of
subject to changes according to the tax laws from time to time; please the whole or part of the commission payable or any rebate of the premium
consult your tax advisor for details.
shown on the policy, nor shall any person taking out or renewing or 1. Provided that the insurer shall have to communicate in writing to the
continuing a policy accept any rebate, except such rebate as may be insured or the legal representatives or nominees or assignees of the
allowed in accordance with the published prospectuses, or tables of the insured the grounds and materials on which such decision to
insurer.
repudiate the policy of life insurance is based:
Any person making a default in complying with the provisions of this
section shall be liable for a penalty that may extend to ten lakh rupees. Provided further that in case of repudiation of the policy on the ground
of misstatement or suppression of a material fact, and not on the ground
Section 45 of the Insurance Act, of 1938 as amended from time to
of fraud, the premiums collected on the policy till the date of repudiation
time
shall be paid to the insured or the legal representatives or nominees or
1. No policy of life insurance shall be called in question on any ground
assignees of the insured within a period of ninety days from the date of
whatsoever after the expiry of three years from the date of the policy,
i.e. from the date of issuance of the policy or the date of such repudiation.
commencement of risk or the date of revival of the policy or the date of 2.
5. Nothing in this section shall prevent the insurer from calling for proof of
the rider to the policy, whichever is later. age at any time if he is entitled to do so, and no policy shall be deemed to
2. A policy of life insurance may be called in question at any time within
be called in question merely because the terms of the policy are adjusted
three years from the date of issuance of the policy or the date of
commencement of risk or the date of revival of the policy or the date of on subsequent proof that the age of the life insured was incorrectly stated
the rider to the policy, whichever is later, on the ground of fraud. in the proposal.
Provided that the insurer shall have to communicate in writing to the
insured or the legal representatives or nominees or assignees of the
insured the grounds and materials on which such decision is based.
3. Notwithstanding anything contained in sub-section (2), no insurer
shall repudiate a life insurance policy on the ground of fraud if the
insured can prove that the misstatement of or suppression of a
material fact was true to the best of his knowledge and belief or that
there was no deliberate intention to suppress the fact or that such
misstatement of or suppression of a material fact are within the
knowledge of the insurer:
Provided that in case of fraud, the onus of disproving lies upon the
beneficiaries, in case the policyholder is not alive
4. A policy of life insurance may be called in question at any time within
three years from the date of issuance of the policy or the date of
commencement of risk or the date of revival of the policy or the date
of the rider to the policy, whichever is later, on the ground that any
statement of or suppression of a fact material to the expectancy
of the life of the insured was incorrectly made in the proposal or
other document on the basis of which the policy was issued or
revived or rider issued:
 About the Company

With a pan India presence with over 400+ offices, Shriram Life is your trusted partner for prosperity. At Shriram Life we strive
to provide our customers with elegant solutions tailored to individual needs.

SHRIRAM LIFE INSURANCE COMPANY LIMITED

The Trade logo displayed above belongs to Shriram Value Services Limited (“SVS”) and used by Shriram Life Insurance Company Limited under a license agreement.

For further assistance you can contact us in the following ways: Write to Shriram Life Insurance Company Limited, Plot No. 31-32,
5th Floor, Ramky Selenium, Financial District, Gachibowli, Hyder-
Visit your nearest branch office for details. List of our branches is available on our abad, Telangana – 500032
website [Link] Phone: +9140 23009400 (Board)
Fax: +9140 23009456
Call our toll-free number: 1800 103 6116 ARN - SLIC/BROC/Sep 2024/264
Mail us at customercare@[Link]
Visit our website [Link]

BEWARE OF SPURIOUS/FRAUD PHONE CALLS

IRDAI is not involved in activities like selling insurance policies announcing bonus or investment of premiums. Public recieving such phone calls are requested to lodge a police complaint.