SBI Life – eShield Insta

An Individual, Non-linked, Non-participating, Life Insurance Pure Risk/ Savings Product with Return of Premium.

Most financial transactions are now carried out digitally – from buying groceries, to booking holidays, to making bill payments and money transfers. Since it is all about your convenience now, it is time to secure your and your family’s financial future with a Life Insurance Plan available at your fingertips, anytime, anywhere. Presenting SBI Life - eShield Insta, a protection plan which is available on digital platform with a simple & swift process, that makes insurance buying effortless, and empowers you to take a step towards providing financial protection to your loved ones.

Key Benefits -

1. Provides insurance coverage through your earning years at an affordable cost
2. Choice of 2 Plan Options:
   1. Plan A: Pure Term Insurance
   2. Plan B: Term Insurance with Return of Premium: In case of survival till maturity, returns 100% of Total Premiums Paid^# under the Policy
3. Easy enrolment through instant and swift processing of policy
4. Convenience of paying premium regularly for a period of 10 years
5. Get tax benefits* as per the prevailing norms under the Income Tax Act, 1961

^#Total Premium paid means total of all the premiums paid under the base product, excluding any extra premium and taxes, if collected explicitly.
^*You may be eligible for Income Tax benefits as per the applicable income tax laws in India, which are subject to change from time to time. You are advised to consult your tax advisor on applicable tax benefits under the policy.