An Individual, Non linked, Non-participating, Life Insurance Pure Risk Premium Product
Do you want to ensure that your family has a chance to fulfill their dreams in the event of an unforeseen occurrence?
With SBI Life – Saral Shield you can create a safety cover to safeguard your family's dream and future. This pure term plan offers you affordability and simplicity in your bid to provide financial protection to your family.
SBI Life – Saral Shield offers the following benefits –
Security – providing financial protection for your family
Flexibility – through a choice of three benefit structures
Affordability – through rider benefits at an affordable cost
Take a look at our benefit illustrator below, and see how you can safeguard your family's future.
Empower your family to fulfill their dreams, no matter what.
SBI Life – Saral Shield
Pure Term Plan
A traditional non-participating pure term Insurance plan
Rahul can now safeguard his family's dreams and their future with this pure term plan.
Enter your details in the form fields below to find out how you can secure your family's future with SBI Life – Saral Shield.
Let's finalize the policy duration you are comfortable with...
Level Term Assurance
Decreasing Term Assurance (Loan Protection)
Decreasing Term Assurance (Family Income Protection)
A little information about the premium options...
Loan Rate of Interest
Let's finalize the rider options...
SBI Life - Accidental Death Benefit Rider(UIN: 111B015V03):
Term For ADB Rider
ADB Rider Sum Assured
SBI Life - Accidental Total and Permanent Disability Benefit Rider(UIN: 111B016V03) :
Protect your family's financial future against an eventuality
Comprehensive coverage through three benefit structures
Two premium payment terms – Single Premium and Regular Premium
Get comprehensive coverage at an affordable cost with two rider options
Discounts for large sum assured
Special premium discounts for women in case of Level Term Assurance Benefit structure only.
Provides a safety net for your dependents in case of an unforeseen event
Choice of benefit structures according to your protection needs
Freedom to select premium payment term and frequency as per your comfort
Enhance your coverage through two rider options at a nominal cost
SBI Life - Accidental Death Benefit Rider
SBI Life - Accidental Total & Permanent Disability Benefit Rider
Cost savings on large sum assured
Lower premiums for Female lives
Avail tax benefits*
In case of the unfortunate demise of the life assured during the term of the policy, the nominee will receive the benefits, depending on the benefit structure chosen.
No survival benefit available at the end of the term.
SBI Life - Accidental Death Benefit Rider (UIN: 111B015V03) - In case of death due to an accident, the Rider Sum Assured is payable in addition to normal death benefit.
SBI Life - Accidental Total and Permanent Disability Benefit Rider (UIN: 111B016V03) - The Rider Sum Assured will be paid on the Life Assured being found eligible for the Total Permanent Disability Benefit as defined in the policy document.
Note :The riders are available only under the Level Term Assurance Benefit structure
For more details on risk factors, terms and conditions of SBI Life – Saral Shield, read the following documents carefully.
^ All the references to age are age as on last birthday. # For Monthly mode, upto 3 Months premium to be paid in advance and renewal premium payment through Electronic Clearing System (ECS) or Standing Instructions (where payment is made either by direct debit of bank account or credit card).
For Monthly Salary Saving Scheme (SSS), upto 2 months premium to be paid in advance and renewal premium payment is allowed only through Salary Deduction.
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For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.
For more details on riders, terms and conditions, please read rider brochure.
You may be eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time. You may visit our website for further details here. Please consult your tax advisor for details.