Shriram Life Insurance: All you need to know

Shriram Life Insurance Company Limited commenced operations in 2006 in joint collaboration with Sanlam Group – a life insurance company based out of South Africa. Shriram Life holds the distinction for being the only private life insurance provider to record profits in its first three years of business. Shriram Life Insurance now is a house old name and has come to be known as India’s most profitable life insurer.

Shriram Life Insurance Company Limited offers a variety of life insurance policies under different categories. Following are the different categories and the plans available under them:


Customers can check their Shriram Life policy Status through these simple steps;

  • Visit the official website of Shriram life,
  • Click on the ‘Customer Service Option’ at the top of the company’s home page.
  • You will be redirected to a new page where you will have two options, viz. Support Enquiry and Sales Enquiry.
  • Click on Support Enquiry and fill in the required details in the window that appears.
  • Once you have submitted the Enquiry Form, details such as the policy status, premium due date, premium dues, last premium received, etc. will appear on screen. 

Customers can now know the premium amount they might have to pay on their Shriram Life insurance policy through a user friendly Shriram Life premium calculator, online . Follow these simple steps to access the calculator

  • Visit the web-link 
  • Select the plan for which you wish to compute premiums.
  • Once you select the plan, you will be redirected to the next page where you will be requested to enter other details such as your date of birth, your age, the policy term, the sum assured, and other optional riders.
  • Select the option, ‘calculate’  to know how much premium is applicable to a particular policy.


Customer care is in integral part of every organization that deals closely with people. Shriram Life Insruance, one of India’s leading insurance provider, fully understands that and has established a dedicated system of providing customer support to all their policyholders. In addition to providing a bouquet of life insurance policies, Shriram Life offers stellar customer support service via their toll free helpline number, 1800 3000 6116. In addition to this the Shriram Life Customer care centre can be reached via email.

To be eligible for an Shriiram Life Policy, the applicant should be,

  • Minimum 18 years of age
  • Maximum 60 years of age
  • Must be either a salaried or a self-employed professional
  • Or have a business of his own.

The applicant should support his Shriram Life Insurance application with the following supportive documentations.

  • Identity Proof
  • Age Proof
  • Income Proof
  • Address Proof
  • Pan Number

Why Choose Shriram Life Insurance

Being one of the most respected and largest financial service providers in the country, the Shriram Life Insurance Company Limited aims at delivering top-notch products and services to ensure that the financial stability to the members family in the event of the unfortunate demise of the insured member. The number of insurance plans designed by the company will help you find one that best suits your requirements in little to no time. The company also has a lot of experience with regards to chit funds, commercial vehicle financing and other kinds of financial services. The large numbers of insurance agents that work with Shriram Life Insurance Company Limited give you a more and easy option to be connected and know the latest offer from Shriram Life

 Shriram Life Insurance FAQ’s:

What is the grievance redressal process with Shriram Life Insurance?

 In order to raise a complaint or grievance, one must contact the company via the phone, email or by visiting their office.

Q.What is the grace period in which I can make my premium payments after the due date?

A. There is a grace period of 30 available for quarterly, half-yearly, and yearly payment options in which premium payments must be made in full. The grace period is 15 days in the case of monthly payment option.

Q. What if I fail to pay my premiums even after the grace period?

A. In case you don’t pay your outstanding premium even after the due date, the policy will lapse and benefits will cease.

Q. Can a lapsed policy be revived?

Yes, in most cases with Shriram Life Insurance policies, the plan can be revived subject to the payment of all outstanding premiums with interest and penalties (if any)..

Q. To whom is my death claim amount paid through a Shriram Life Insurance Policy?

The death claim is payable to:

The nominee that you’ve named in your policy.

Your legal heir, in case no nominee has been named.

Q. Where can I find the claim forms that need to be filled in for a benefit pay-out from Shriram Life Insurance Co.?

The forms for all the claims will be available with Shriram Life Insurance.

Q. What is the policy renewal process with Shriram Life Insurance Co.?

A. To renew the policy you can get in touch with the company via that phone. You can even renew the policy online too.

How do I cancel my Shriram Life insurance policy?

A. To cancel your Shriram Life insurance policy, all you have to do is visit the nearest branch of the company along with your original policy bond and surrender it to the officials, and the company will refund your money after deducting certain fees within a few days.

Q. How do I renew my Shriram Life insurance policy?

For renewal of life insurance policies, you will have to contact the company’s customer care and complete the entire process online.