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Home > Group Loan Protection Plans > SBI Life - Dhanaraksha Plus LPPT

SBI Life - Dhanaraksha Plus LPPT
(UIN : 111N035V01)

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Key Features
Premium Illustration of SBI Life - Dhanaraksha Plus LPPT
Brochure for Master Policyholder
Brochure for Group Member
 
 
*Key Features:
 
• Decreasing term cover at a very low cost
 
• Available for various types of individual loan for borrowers of a lending institution through a Group Master Policy
 
• Limited Premium Payment Term of 2 years and peace of mind for a lifetime
 
• Option for Joint borrowers to be covered for the entire loan amount or for their individual shares of loan
 
• Cover available for a wide range of loan terms from 3 years to 30 years
• Minimum amount of Sum Assured is Rs. 10,000; no maximum limit of Sum Assured
 
• Simple joining process
 
• Death Benefit printed on the Certificate of Insurance (COI) on a Monthly reducing basis
 
• Attractive rebates
 
*Certain features may differ for different Master Policies.
 
For more details please dial 1800 22 9090 (Toll Free) or email at info@sbilife.co.in
 

Premium Illustration of SBI Life - Dhanaraksha Plus LPPT
 
Premium Illustration:
 
Name of Product: Dhanaraksha Plus LPPT
Master Policyholder: Leading Nationalized bank
Master Policy: Home Loan
Rate of Interest: 11%
Age of group member (male): 35 Yrs
Loan Term: 15 years
Initial Sum Assured: Rs. 10 Lakhs
*Basic Single Premium Amount: Rs. 13,460/-

* Applicable Service Tax and Education Cess will be charged additionally
 
Notes:
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These Basic Premium rates and Benefits are merely for illustration purpose.
 
Premium Rates depend on the characteristics of the group, rate of interest, term of loan, age and other parameters, and hence will need to be specifically quoted for any credit institution. For specific quotation, please contact SBI Life.
 
Please note that Individual borrowers interested in the product can be enrolled only through their lending institution.
 
Please refer to the brochure for details of this Plan. Grant of cover shall be subject to underwriting.

 
 
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