Robinhood Insurance Broker Private Limited

How do I surrender my Shriram Life Insurance policy?

If the policyholder wants to surrender his/her life insurance policy or make a partial withdrawal from the policy fund, the following procedures need to be followed:

Surrender Policy: Reason(s) for policy surrender and the surrender form needs to be submitted at the nearest Shriram Life Insurance branch, along with the following documents:

  • Original policy documents
  • Canceled cheque with the policyholder's name on it
  • In case the canceled cheque does not have a pre-printed name, account number, or a new account is mentioned on the cheque, then the passbook copy/bank statement having the pre-printed name and the account number is required
  • ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voters ID)
  • Policy surrender or cancellation form
  • Latest contact details
  • NRE bank statement reflecting any premiums paid from the NRE account

Partial Withdrawal: Reason(s) for the partial withdrawal and the pay-out form needs to be submitted at the nearest Shriram Life Insurance branch, along with the following documents:

  • Original policy documents
  • Copy of CI or YPD submitted for the withdrawal request (carry original documents for verification in the branch)
  • Canceled cheque of the insured's name
  • In case the canceled cheque does not have a pre-printed name and account number or a new account is mentioned on the cheque, then passbook copy/bank statement having the pre-printed name and the account number is required
  • ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voters ID)
  • Pay-out form
  • Latest contact details
  • NRE bank statement reflecting any premiums paid from the NRE account

The following options can be used to connect with Shriram Life Insurance:

Call: 1800-3000-6116 / +91-40-2300-9400

Email ID: customercare@shriramlife.in

Websitewww.shriramlife.com

Mailing Address:
Shriram Life Insurance Company Limited,
Ramky Selenium, Plot No: 31 & 32,
Beside Andhra Bank Training Centre,
Financial District, Gachibowli,
Hyderabad, TG,
India – 500032.

Option to visit the nearest Shriram Life Insurance branch.

Suggested Reading: Whom do I need to contact in case of grievance with Shriram Life Insurance?

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