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Shriram Life Insurance Franchise or Agent Review – Cost, Commission, Returns & more

Shriram Life Insurance Franchise presents a rewarding business opportunity for individuals and entrepreneurs aiming to build a stable income in the insurance sector.

By becoming a Shriram Life Insurance Agent, partners can offer a wide range of life insurance, savings, and protection plans to meet diverse customer needs.

Shriram Life FranchiseThe Shriram Life Insurance Franchise model features low investment, attractive commissions, digital tools, and continuous training support.

With strong brand trust and a wide customer base, Shriram Life Franchise helps partners develop long-term relationships and sustainable growth.

Flexible working options, marketing assistance, and transparent operations make this franchise an ideal choice for reliable and profitable business expansion.


Shriram Life Insurance Agent Business Opportunnity – Snapshot

Line of Business Insurance Agent
Unit / Shop Area 125 – 200 Sq. Ft. (Optional)
Commission% / Revenue Sharing 1.5% to 5% of Premium
Overall Investment Rs.37,500 – Rs.59,500 (Optional)
ROI Timeframe 3 to 6 Month

What do you know about Shriram Life Insurance Franchise Business?

About the Brand
Industry Finance & Money
Business Line Insurance Agent
Organization Type Conglomerate
Head Office Chennai, Tamil Nadu
Founder R. Thyagarajan (Chairman)
Founded In (year) Friday, April 5, 1974
No. of Insurance Agents 3,000+
Master Franchise Model NA
Insurance Agent Tenure Lifetime
Insurance Agent Location All over India
Business Set-Up Time 1 Month
Agent Commencement Year 2002

How much does Shriram Life Franchise Cost or Fees?

Investment by Insurance Agent
Registration & Training Fees Rs.2,500 – Rs.4,500
Infrastructure Investment Rs.35,000 – Rs.55,000 (Optional)

What is Shriram Life Insurance Agent Commission?

Commission% / Revenue Sharing
Life Insurance Commission 2% to 4% of Premium
Health Insurance Commission NA
Motor Insurance Commission NA
Travel Insurance Commission NA
Business Insurance Commission NA
ULIP Commission 1.5% to 5% of Premium

How much you can earn from Shriram Life Franchise Business?

Monthly Revenue
Life Insurance Premium 2,500,000
Health Insurance Premium NA
ULIP Premium 1,500,000
Life Insurance Commission 50,000
Health Insurance Commission NA
ULIP Commission 22,500
Agent’s Income 72,500
Total Expences 37,500
Agent’s Net Profit 35,000
Net Profit Margin 0.875%

How much time does it take for Shriram Life Insurance Agent to breakeven?

ROI Timeframe / Breakeven Time
In Months 3 to 6 Month


How to access Shriram Life Agent Dashboard?

Insurance Agent Dashboard Access
Web Dashboard Dashboard Link

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What is the Shriram Life Insurance Partner Program Infrastructure requirement?

Infrastructure Required
Shop / Unit Area 125 – 200 Sq. Ft. (Optional)
Employee Strength Minimum 1
Telephone Lines Compulsory
Computer / Internet Connectivity Compulsory
Airconditioner Optional
CCTV Set-up Optional

What is the extent of Support provided to Shriram Life Insurance Franchise?

Support from Brand
Offers Available
Client Interaction Training Available
Relationship Manager Support Available
Back-Office Support Available
Marketing Support Partially Available
Business Management Software NA
Website Support NA
Operation Manual Available
Training Manual Available

What kind of Marketing Support is provided to Shriram Life Insurance Franchise?

Marketing Support by Brand
Unit Interior & Exterior Ads Available
Local Advertisement Available
Digital Marketing Available
Television Advertisement NA
Prints Advertisement NA
Events/Seminars NA

Does Shriram Life Frachise Business offers training?

Training by Brand
Product Information Training Provided
Sales Training Provided
Service Training Provided
Recovery Training Provided

What are the Products & Services provided to Shriram Life Business Partner?

Products / Service Offerings
Life Insurance Available
Health Insurance Not Available
Motor Insurance Not Available
Travel Insurance Not Available
Business Insurance Not Available
Agricultural Insurance Not Available
Rural Insurance Not Available
Investment Plans (ULIPs) Available

What is the Eligibility Criteria to Become Shriram Life Insurance Agent Business?

DSA Qualification
Age Limit 18+
Nationality Indian
Academic Qualification 10+, Graduation Preferred
IRDAI Certification Compulsory
PoSP Certification Compulsory
Business Experience Optional

Which documents are required to Become Shriram Life Insurance Agent?

Documents Required
Agent Agreement Compulsory
Proprietor Aadhaar Copy Compulsory
Proprietor Photo Compulsory
Proprietor / Business PAN Copy Compulsory
Business TAN Copy Compulsory
GST Registration Certificate Compulsory
Proprietor / Business Address Proof Compulsory
Unit / Shop Address Proof Compulsory
Latest ITR or Form16 Compulsory
Bank Statement Compulsory

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