Shriram User Reviews
|Claim Settlement Ratio||95.12%|
|Customer Care||10:00 AM to 7:00 PM|
|Death Benefit Paid For||2,816 Policies|
|Total Death Benefit Paid||Rs.77.88 Crore|
I was looking for a good-term insurance plan. A friend suggested the InsuranceDekho website. I was quite happy to see so many insurance companies offer online features such as policy issuance, premium payment, and claim settlement. I immediately bought the Shriram Life Term Insurance plan and must say that all the features are easy to use.
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Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.
Popularly Opted Term Insurance Sum Assured
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
Insurance Dekho755 1196 989Mon to Sun 10:00 AM to 7:00 PM
Shriram Life Term Insurance1800-3000-6116Mon to Sat 10:00 AM to 7:00 PM
Claim Process at Shriram Life Term Insurance
Claim IntimationIn the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
Submission of DocumentsClaim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
Claim EvaluationOnce the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
Claim SettlementIf claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.
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.