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How To Redeem Shriram Life Insurance Policy ?

To redeem a Shriram Life Insurance policy, follow these steps:

  • Gather necessary documents: Collect all the required documents such as the original policy document, identity proof, address proof, and bank account details.
  • Contact customer service: Get in touch with Shriram Life Insurance customer service through their helpline number or visit their official website to understand the policy redemption process and obtain the necessary forms.
  • Fill out the redemption form: Fill out the redemption form accurately, providing your policy details, personal information, and reasons for redeeming the policy. Attach the required documents as specified by Shriram Life Insurance, such as a canceled cheque for account verification.
  • Submit the form and documents: Submit the completed redemption form along with the supporting documents to the nearest Shriram Life Insurance branch office or send them through registered mail. Keep copies of all submitted documents for your records.
  • Wait for processing: Shriram Life Insurance will review your request, verify the provided information, and process the redemption. If everything is in order, the policy proceeds will be transferred to your registered bank account within the stipulated time frame.

Can I Cancel My Shriram Life Insurance Policy within 15 Days?

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.

How to Know the Fund Value of Shriram Life Insurance?

To determine the fund value of Shriram life insurance, you'll need to follow the below steps.

  • The first step is to review your life insurance policy documents. The fund value is typically mentioned in statements or reports provided by the insurance company.
  • If you can't find the information in your policy documents, visit Shriram Life Insurance Company's official website to know your fund value.
  • Then click on the customer login portal under the Login button. Enter your details such as policy number, mobile number and date of birth to log in to your account.
  • Once logged in, you will be directed to your account dashboard.  Within the policy details section, you may find the fund value, premium payments, and other details online.
  • If you have any difficulties in locating the fund value online, you can reach out to the life insurer’s customer support. They will be able to assist you in retrieving the fund value.

How to Check Shriram Life Insurance Policy Surrender Value?

To check the surrender value of a Shriram life insurance policy, you can follow the below steps:

  • Contact the Insurance Company: Reach out to the customer service department of Shriram Life Insurance Company and provide your policy details, including the policy number, name, and any other information. Then customer service representative will tell you about the surrender value details.
  • Check Policy Documents: Review your policy documents, as they may also contain information about the surrender value and the process for surrendering the policy. The surrender value is often explained in the policy terms and conditions.
  • Online Account Access: If you have an online account with Shriram Life Insurance Company, log in to the official website. Check if they provide access to policy-related information, including the surrender value.

How to Pay Premium with Quick Pay in Shriram Life Insurance?

To pay your premium using Quick Pay for Shriram Life Insurance:

  • Visit the official Shriram Life Insurance website.
  • Look for the “Quick Pay” or “Pay Premium” option on the homepage.
  • Enter your policy details such as policy number and date of birth.
  • Then review your policy and premium information.
  • Select the payment method you prefer such as credit/debit card, net banking, etc.
  • Complete the payment by following the instructions.
  • After that you will receive a payment confirmation once the transaction is completed successfully.

How Much is Shriram Life Insurance Price Right Now?

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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