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Shriram User Reviews

57 reviews Rate This
Shriram
Highlights
Claim Settlement Ratio95.12%
Customer Care24x7
Death Benefit Paid For2,816 Policies
Inception2005
Presence529 Branches
Total Death Benefit PaidRs. 77.88 Crore
Rating of Shriram
4.9
Based on
57 User reviews

The website is quite informative

 

The InsuranceDekho website displays a lot of information about various things. While browsing through the website, I learned about IDV and its importance. After going through all the features and benefits of various plans I decided and bought the Shriram Life Insurance Plan. I was looking for a plan like this for a long time that could provide me with all my required benefits. 

Mahika Jain
On: Mar 22, 2023 | Views

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Claim Process at Shriram Life Insurance

  • 1

    Claim Intimation

    In the event of the death of the life assured, the insurance company should be intimated as early as possible.
  • 2

    Submission of Documents

    For easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
  • 3

    Claim Evaluation

    After successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.

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.

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