Corona Rakshak Policy, SBI Life Insurance Co. Ltd. | SBI Life
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Corona Rakshak Policy, SBI Life Insurance Co. Ltd.

UIN: 111N111V01

Product Code: 2L

Corona Rakshak Policy, SBI Life Insurance Co. Ltd.

Add Immunity to your Finances

  • Simplified issuance with no medical examination.
  • Easy payout
Calculate Premium
Individual, Non-linked, Non-participating, Health Insurance, Pure Risk Premium product


Will you be prepared when the unexpected happens?
Avail the benefits of Corona Rakshak Policy, SBI Life Insurance Co. Ltd.
 
This Plan Provides - 
  • Simplicity - by providing easy enrolment and payout process
  • Security - lumpsum payout
  • Flexibility - Choose your policy term from 3.5 months (105 days), 6.5 months (195 days) or 9.5 months (285 days).
  • Affordability –through reasonable premium

Try our premium calculator below and let us help you prepare to defeat  corona.

 

Highlights

Corona Rakshak Policy, SBI Life Insurance Co. Ltd. Details

Individual, Non-linked, Non-participating, health insurance Pure Risk Premium product

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This is how 35-year old Ashish will be financially prepared against Corona

Change the form fields below and see how you can be prepared with Corona Rakshak Policy,SBI Life Insurance Co. Ltd

Name:

DOB:

Gender:

Male Female Third Gender

Kerala Resident:

Yes No

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Policy Term


A little information about the plan

Premium Frequency

Sum Assured

50,000 2,50,000

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Sum Assured


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Premium amount
(excluding taxes)


Policy Term

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Features

  • 100% lumpsum pay-out benefit of Sum Insured.
  • Simplified issuance with no medical examination.
  • Choose your policy term from 3.5 months (105 days), 6.5 months (195 days) or 9.5 months (285 days).
  • Cover starts with a Minimum Premium of Rs 156.50 and upto Maximum Premium of Rs 2,230.

Advantages

Simplicity

  • Easy and hassle free issuance process
  • Claim payouts are independent of the nature/ amount of expenses incurred

Flexibility

  • Choose your policy term from 3.5 months (105 days), 6.5 months (195 days) or 9.5 months (285 days).

Security

  • Ensure your financial security through lump sum payout
Affordability
  • A perfect fit in your financial planning with reasonable premium

On positive diagnosis of COVID requiring hospitalization for a minimum continuous period of 72 hours:

 

Events How and when Benefits are Payable Size of such benefits/policy monies
Hospitalization

On hospitalization for a minimum continuous period of 72 hours, on positive diagnosis of COVID. The positive diagnosis of COVID shall be from a government authorized diagnostic centre.

Lump sum benefit equal to 100% of Sum Insured shall be payable and the policy terminates
Death No death benefit available Nil
Maturity No maturity benefit payable Nil
Surrender No surrender benefit Nil
Lapse No lapse benefit Nil

 

For more details on risk factors, terms and conditions of Corona Rakshak Policy, SBI Life Insurance Co. Ltd., read the following documents-
**All the references to age are age as on last birthday.

2L.ver.01-07-20 WEB ENG


For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.


*Tax Benefits:

You are 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.
 

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