What is the CSR for Shriram Life Insurance Company?

Shriram Life Insurance has a high CSR of 91.61% for the financial year 2019-20.

Which term insurance plans does Shriram Life provide?

Shriram Life Insurance provides Shriram Life Cash Back Term Plan, Shriram Life My Spouse Term Plan, Shriram Life Online Term Plan, Shriram Life Smart Protection Plan, Shriram Life Smart Protection Plan SP, Shriram Life Family Protection, Corona Rakshak Policy and Shriram Life Saral Jeevan Bima. As the name suggests, Shriram Life Online Term Plan is an online plan.

What is the free look period for term insurance at Shriram Life Insurance?

The free look period is 15 days. However, the free look period is 30 days if the policy has been purchased through distance marketing mode.

What is the grace period for term insurance plans at Shriram Life Insurance?

The grace period is 30 days for yearly, half yearly and quarterly mode. In case of monthly mode, the grace period is 15 days.

Does Shriram Life Insurance provide any protection plan against Covid-19?

Yes! You can easily buy Corona Rakshak Policy to gain protection against Covid-19. The policy provides 100% lump sum benefit in case of COVID-19 diagnosis and hospitalization.

Shriram Life Term Insurance User Reviews

53 reviews

Shriram Life Term Insurance

Highlights

Claim Settlement Ratio	95.12%
Customer Care	10:00 AM to 7:00 PM
Death Benefit Paid For	2,816 Policies
Inception	2005
Presence	529 Branches
Total Death Benefit Paid	Rs.77.88 Crore

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Disclaimer :

1. Premium has been calculated for coverage till 60 years

2. Eligibility depends on income, occupation and educational qualification

Rating of Shriram

4.9

Based on

53 User reviews

The claim settlement ratio was good
I first checked the claim settlement ratio of all the companies listed on the website of InsuranceDekho before buying a term plan. Then, finally, I bought the Shriram Life Family Protection plan from InsuranceDekho as the claim settlement ratio was high.
Read More
N
Nishi Suman
On: Jul 18, 2022
Chat box feature
The chat box feature available on InsuranceDekho helped me to get answers to all the questions I had about the Shriram Life Family Protection plan. So, I used the chat box feature to the fullest and bought the Shriram Life Family Protection plan.
Read More
S
Saurabh Joshi
On: Jul 13, 2022
Offered coverage is good
The coverage that the Shriram Life Family Protection plan available on InsuranceDekho provided is simply awesome. Moreover, I was also able to include add-ons for expanding the coverage of the Shriram Life Family Protection plan.
Read More
S
Sneha Suman
On: Jul 12, 2022
Offered good coverage
The Shriram Life Family Protection plan on InsuranceDekho offered extremely wide coverage. A large group was covered under this plan, and this is the prime reason why I chose the Shriram Life Family Protection plan over the other term plans.
Read More
S
Samridhi Rana
On: Jul 04, 2022
Smooth communication
The entire communication process that I had with the team of InsuranceDekho was carried out in an extremely smooth manner. That's why I chose InsuranceDekho for buying Shriram Life Family Protection plan.
Read More
S
Surabhi Reddy
On: Jun 29, 2022
List of top insurance companies
The website of InsuranceDekho had a detailed list of the top insurance companies. After going through the different term plans, I eventually bought the Shriram Life Family Protection plan from InsuranceDekho
Read More
V
Vijaya Sinha
On: Jun 28, 2022
Chat box feature
The chat-box feature on the InsuranceDekho website made it easier for me to get my queries answered. So, while buying Shriram Life Family Protection plan, I made the best use of this chat box feature.
Read More
G
Garima Makhija
On: Jun 27, 2022
A must-buy term plan
In my opinion, the Shriram Life Family Protection plan is one of the most sought-after term plans. The Shriram Life Family Protection plan available on InsuranceDekho offered some amazing benefits and features that I was easily tempted to buy the plan.
Read More
I
Ishan Sharma
On: Jun 24, 2022
Best tools for comparison
The website of InsuranceDekho offered the best tools for comparing different term plans. After comparing some of the top term plans with each other and understanding the benefits of each, I finally bought the Shriram Life Family Protection plan from InsuranceDekho.
Read More
J
Juhi Sinha
On: Jun 21, 2022
Easy to use digital interface
The entire process of buying the Shriram Life Family Protection plan from InsuranceDekho was online. This means that I was able to buy the plan without moving out of the home and the best part it required almost no paperwork.
Read More
A
Anish Kumar
On: Jun 16, 2022

Page 4 of 6 pages

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Why to Buy Term Insurance Policy Online from InsuranceDekho

Tax benefit upto 1,50,000*
Claim support everyday 10AM-7PM
50 Lacs+ happy customers

Shriram Life Term Insurance Contact Details

Reach us for help anytime

Insurance Dekho
755 1196 989Mon to Sun 10:00 AM to 7:00 PM
support@insurancedekho.com
Shriram Life Term Insurance
1800-3000-6116Mon to Sat 10:00 AM to 7:00 PM
customercare@shriramlife.in

Claim Process at Shriram Life Term Insurance

1
Claim Intimation
In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
2
Submission of Documents
Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
3
Claim Evaluation
Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
4
Claim Settlement
If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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FAQ About Shriram Life Term Insurance

What is the CSR for Shriram Life Insurance Company?
Shriram Life Insurance has a high CSR of 91.61% for the financial year 2019-20.
Which term insurance plans does Shriram Life provide?
Shriram Life Insurance provides Shriram Life Cash Back Term Plan, Shriram Life My Spouse Term Plan, Shriram Life Online Term Plan, Shriram Life Smart Protection Plan, Shriram Life Smart Protection Plan SP, Shriram Life Family Protection, Corona Rakshak Policy and Shriram Life Saral Jeevan Bima. As the name suggests, Shriram Life Online Term Plan is an online plan.
What is the free look period for term insurance at Shriram Life Insurance?
The free look period is 15 days. However, the free look period is 30 days if the policy has been purchased through distance marketing mode.
What is the grace period for term insurance plans at Shriram Life Insurance?
The grace period is 30 days for yearly, half yearly and quarterly mode. In case of monthly mode, the grace period is 15 days.
Does Shriram Life Insurance provide any protection plan against Covid-19?
Yes! You can easily buy Corona Rakshak Policy to gain protection against Covid-19. The policy provides 100% lump sum benefit in case of COVID-19 diagnosis and hospitalization.

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