Shriram Life Family Protection Plan
The Family Protection Plan (UIN: 128N061V02) is not just insurance, it's a promise. It's the shield that protects and nurtures your family's future, ensuring that their dreams are fulfilled. With various coverage options, this Family Life Insurance Protection is an obvious choice
Benefits of Shriram Life Family Protection Plan
The Shriram Life Family Protection Plan presents a plethora of advantages that extend profound peace of mind to you and your family. This plan provides a robust safety net that guarantees financial security for your loved ones in times of need.
Upon Death
Under the Shriram Life Family Protection Plan, if the insured passes away during policy term, the nominees receive death benefits according to the plan's stipulations.
Lump-sum
By selecting the lump sum option within the Family Protection Plan Insurance, the death sum assured will be disbursed in one lump sum and the policy will be concluded.
Installments
If the insured passes away during policy term, 50% of sum assured is disbursed as a lump sum and the remaining is paid in five equal annual installments.
Disclaimer
*T&C Apply - Shriram Finance Limited (‘SFL’) is a registered corporate agent of third party insurance products of GO DIGIT GENERAL INSURANCE LTD, IFFCO TOKIO GENERAL INSURANCE CO. LTD, BAJAJ ALLIANZ GENERAL INSURANCE CO. LTD, CARE HEALTH INSURANCE LTD, MANIPAL CIGNA HEALTH INSURANCE CO. LTD, HDFC ERGO GENERAL INSURANCE CO. LTD, TATA AIG GENERAL INSURANCE CO. LTD, BANDHAN LIFE INSURANCE LTD, SHRIRAM GENERAL INSURANCE CO. LTD, SHRIRAM LIFE INSURANCE CO. LTD under the IRDAI composite registration number CA0197. Please note that, SFL does not underwrite the risk or act as an insurer. Your purchase of an insurance product is purely on a voluntary basis after your exercise of an independent due diligence on the suitability, viability of any insurance product. Any decision to purchase insurance product is solely at your own risk and responsibility and SFL shall not be liable for any loss or damage that any person may suffer, whether directly or indirectly. For more details on risk factors, terms and conditions and exclusions please read the product sales brochure & policy wordings carefully before concluding a sale. Tax benefits applicable if any, will be as per the prevailing tax laws. Tax laws are subject to change. SFL does NOT provide Tax/Investment advisory services. Please consult your advisors before proceeding to purchase an insurance product. Visitors are hereby informed that their information submitted on the website may also be shared with insurers. All product information such as premium, benefits, exclusions, value added services etc. are authentic and solely based on the information received from the respective Insurance company or the respective Assistance provider company.
Note- While we have made all the efforts and taken utmost care in gathering precise information about the products, features, benefits etc. However, SFL cannot be held liable for any direct or indirect damage/loss. We request our customers to conduct their research about these products and refer to the respective products sales brochure and policy/membership wordings before concluding sales.
