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Financial Tools &
Shriram Life Group Traditional Employee Benefit Plan is A non linked non participating group variable insurance Plan.
Shriram Life Group Traditional Employee Benefit Plan 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.
|Minimum Group Size||10 employees|
|Minimum Age at entry||14 years age last birthday|
|Maximum age at entry||74 years age last birthday|
|Maximum exit age||76 years last birthday|
|Policy term||Annually renewable|
|Life insurance Cover||Rs 1,000/-(fixed) per member|
|Minimum Initial Contribution||Rs 100,000\- per policy|
|Maximum Contribution||As per the actuary's certificate submitted by
the group policy holder in accordance with
AS-15(Revised)for gratuity liability and as per actuarial valuations for leave encashment liability
Revenue in Cr
Total Number Of Lives