The process to withdraw your policy online is very simple and easy. You can do it by visiting your insurance company’s website or by calling the customer care number.
Shriram life insurance policy can be withdrawn by the policyholder at any point time after the policy start date. But if the policy is to be withdrawn within the free look period, it can be done without any premium deduction by the insurance company. If the policy is to be withdrawn after the free look period, a pro-rata premium would be charged by the insurance company from the customer.
To withdraw your Shriram life insurance policy, you need to fill out the form on the website of the company by logging into your account. After that, you need to provide some information such as your name, address, date of birth, mobile number, and more. Then they will get on to the process of canceling the policy.
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.