Protection Plans
SBI Life - Saral Shield
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
SBI Life - Saral Shield is a traditional non-participating pure term Insurance plan. At an affordable cost, SBI Life Saral Shield provides cover for your family and ensures that a proper safety net is created. Thus, it guarantees that there will be no compromise on your dreams and ambitions for your loved ones.
Features:
fjrigjwwe9r3SDPrivInsuProd:Features
- Hassle-free, convenient and easy issuance.
- Financial Security.
- Freedom from your liability by choosing one of the following plan options:
- Level Term Assurance;
- Decreasing Term Assurance (Loan Protection);
- Decreasing Term Assurance (Family Income Protection)
- Special premium discounts for women
- Large sum assured rebates.
- Tax benefits* as per prevailing norms under the Income Tax Act, 1961.
Benefits:
fjrigjwwe9r3SDPrivInsuProd:Benefits
- Death Benefit.
- Maturity Benefit: No survival benefit available at the end of the term.
- Riders.
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility
Age at Entry |
Min: 18 years Max: 60 years |
Age^ at Maturity |
Max: 65 years |
Plan Options |
Level Term Assurance |
Sum Assured (x 50,000/-) |
Min: Rs. 7,50,000 Max: Rs. 24,00,000 |
Policy Term |
Min: 5 years Max: 30 years |
Premium Paying Term |
Regular Premium - pay premium till the chosen policy term
Single Premium - pay premium once for coverage till the chosen policy term |
Premium Modes |
Yearly / Half-yearly / Quarterly / Monthly |