
Shriram Life Insurance is a joint venture between the Indian conglomerate Shriram Group and the South African financial services company Sanlam, which commenced operations in 2006. The company is known for its focus on financial inclusion and serving the "Aam Aadmi" (common man) through affordable products tailored for rural and semi-urban segments. It offers a wide range of products, including term insurance, savings plans, and child plans, and has a large distribution network across India.
Company overview
Key features and products
Focus on inclusivity:
A significant portion of its business comes from rural areas and the "Aam Aadmi" segment.
Wide product range:
Offers various plans, such as term insurance, savings plans, child plans, and group insurance.
Customer-centric approach:
Known for efficient operations, a customer-centric approach, and affordable products.
Distribution network:
Has a strong network with a large number of branches and agents across India.
Performance and reputation