Benefits and perks at shriram life insurance
Learn about the 6 benefits and perks shriram life insurance offers its employees.
Gratuity and Pension Payments
The gratuity and pension payments get assured with Shriram Life Employee Benefit Plans.
No medical screening needed
No medical screening is needed for employees under the group term life insurance policy.
Insurance Coverage
Shriram Life Employee Benefit Plans provide insurance protection to the covered employees.
Savings Creation
Depending on the plan, Shriram Life Employee Benefit Plans pay a corpus to the employees on their exit from the group.
Enhanced Coverage with Riders
Organisations have the choice to opt for optional riders at minimal additional premiums. Examples include Shriram Life Accidental Death and Disability Rider.
Tax Benefits
Tax benefits are available for the employer as well as the employees. Premium paid by the employer is not treated as a perquisite to the employee. Employers can avail tax benefits under Section 37(1) of the Income Tax Act of 1961.
