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The settlement process for Shriram Life Insurance claims varies depending on the type of policy, complexity, and type of claim being submitted. As per the Insurance Regulatory and Development Authority of India (IRDAI) the time limit for insurers should settle death claims within 30 days. But if an investigation is required in any case it takes a maximum of 120 days to settle a claim. Generally, Shriram Insurance Company takes about 2-6 weeks to settle a claim in case of death or terminal illness, while in case of disability or partial disability claims it may take 3-6 months.
Shriram Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
To determine the fund value of Shriram life insurance, you'll need to follow the below steps.
To check the surrender value of a Shriram life insurance policy, you can follow the below steps:
To pay your premium using Quick Pay for Shriram Life Insurance:
The premium price of Shriram life insurance can vary based on several factors such as the type of policy, coverage amount, age, health condition, lifestyle, and other individual factors. To get the price of a Shriram life insurance policy, use the online premium calculator tool at insures website or the PolicyBachat website. In this comparison tool, all you need to do is provide personalized information based on your specific needs and circumstances. By comparing quotes online you can easily get the life insurance price right now.
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