Term Insurance Plan - eShield Next Level Term Policy Online | SBI Life
close

By pursuing your navigation on our website, you allow us to place cookies on your device. These cookies are set in order to secure your browsing, improve your user experience and enable us to compile statistics  For further information, please view our "privacy policy"

SBI Logo

Join Us

Tool Free 1800 22 9090

SBI Life – eShield Next

UIN: 111N132V01

Product Code: 2N

eShield Next Term Insurance Plan

Time to Level Up to a Future - Ready Life Insurance, Today.

  • Level Cover with Future Proofing Benefit Option
  • Limited premium payment term option
  • Better Half Benefit Option
  • Life Cover upto 100 years under whole life option
Calculate Premium
An Individual, Non Linked, Non-Participating Life Insurance Pure Risk Premium Product

With SBI Life- eShield Next, give a boost to your financial immunity. It is a new age protection plan which has been thoughtfully crafted for you to meet not only your present requirements but also take care of your changing responsibilities as the life goes along.

Time for a strong financial Immunity which secures your family’s future with right life insurance solution.

5 Reasons to Choose SBI Life – eShield Next –
  • Security – To ensure your family is financially protected
  • Flexibility – Choice of 3 plan options
  • Simplicity – Customize your plan through Optional Benefits
  • Affordability – Option to pay premium as per your convenience
  • Reliability – Through life cover upto 100 years (Whole life) or 85 years (other than Whole Life)

It is a perfect solution for strengthening your financial immunity and securing your family in today's ever-changing world.

Highlights

eShield Next Term Insurance Plan

SBI Life eShield Next Term Plan

Buy Now Calculate Premium

Amit, being care free about the future has Leveled up with SBI Life - eShield Next to secure his family's future.

Enter the form fields below and find out how you can live life worry-free with SBI Life - eShield Next plan.

Name:

DOB:

Gender:

Male Female Third Gender

Discount:

Staff Non Staff

Kerala Resident:

Yes No

Smoker:

Yes No

Choose your Policy option...

Plan


Choose your Premium option...

Premium Frequency

Premium Payment Option

Policy Term

5 67

Choose your Other option...

Sum Assured

75 Lakhs No limit

Death Benefit payment Mode

Whole life /Other than whole life

Other than whole life
Whole life

Better Half Benefit

Yes
No

Let's finalize the rider options...

SBI Life - Accidental Death Benefit Rider (UIN:111B015V03):

Term for ADB Rider

5 57

ADB Rider Sum Assured

25,000 50,00,000

SBI Life - Accidental Total & Permanent Disablity Benefit Rider (UIN:111B016V03):

Term for ATPDB Rider

5 57

ATPDB Rider Sum Assured

25,000 50,00,000

Reset

Sum Assured


Premium frequency

Premium amount
(excluding taxes)


Premium Payment Term


Policy Term

Give a Missed Call

Features

  • Choice of 3 Plan Options – Level Cover, Increasing Cover & Level Cover with Future Proofing Benefit to suit your protection needs
  • Options to customize the plan to meet your requirements
    • Death Benefit Payment Mode
    • Better Half Benefit Option
  • Life cover upto 100 years (Whole life) or 85 years (other than Whole Life)
  • Terminal Illness Benefit available under all Plan options
  • Option to Pay premium – Only once or for limited period or entire policy term
  • Additional coverage through two Rider# options
 

# The Riders under this product are SBI Life - Accidental Death Benefit Rider (UIN: 111B015V03) and SBI Life - Accidental Total & Permanent Disability Benefit Rider (UIN: 111B016V03).

Advantages

Security

  • Avail financial security for your family based on your chosen Plan Option

Flexibility

  • Choice of 3 plan options

Simplicity

  • Customize the plan to meet your requirements through
    • Death Benefit Payment Mode
    • Better Half Benefit Option

Reliability

  • Life cover upto 100 years (Whole life) or 85 years (other than Whole Life)

Affordability

  • A perfect fit in your financial planning with reasonable premium

Depending upon the Plan Option chosen, the nominee/beneficiary will receive the following Death Benefit, provided the policy is in-force as on the date of death of life assured.

Death Benefit:

In case of death of Life assured during the policy term, we will pay the “Sum Assured on Death”, which is :

  • For Regular and Limited Premium Policies: Higher of the following:
    • A. 10 times the Annualised1 premium, or
    • B. Absolute amount Assured+ to be paid on death, or
    • C. 105% of the total2 premiums received up to the  date of death
  • For Single Premium Policies: Higher of the following:
    • A. 1.25 times of Single premium, or
    • B. Absolute amount Assured+ to be paid on death


1Annualised premium shall be the premium amount payable in a year, chosen by the policy holder, excluding the applicable taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any

2Single Premium /  Total Premiums paid / received means total of all the premiums received, excluding any extra premium, any rider premiums and applicable taxes.

+Absolute amount Assured to be paid on death will depend on the plan option chosen by you at the policy inception and be as follows:

Plan Option Opted Absolute Amount Assured on Death
Level Cover Basic Sum Assured
Increasing Cover Basic Sum Assured as on the Date of Death with eligible benefit increases till the date of death
Level Cover with Future Proofing Benefit Basic Sum assured Plus any additional sum assured on account of exercising the Life Stage Option till the date of death


Terminal Illness Benefit :

  • In the unfortunate event of the life assured being diagnosed with terminal illness, during the policy term, or before attainment of 80 years, whichever is earlier the benefit equal to sum assured on death as on date of diagnosis would be payable, subject to maximum of Rs. 2,00,00,000 (for in-force policies) would be payable. Following the claim under Terminal illness benefit, if the Sum assured is higher than the Terminal Illness benefit paid,  the balance death benefit will be paid on the death provided the policy is in-force. The policyholder is required to pay the reduced premium for the balance death benefit to keep the policy inforce.
  • The Terminal benefit shall be payable in any one of the following death benefit payment mode as opted under the plan at the policy inception
    • Lump sum
    • Monthly installments
    • Lump sum plus Monthly installments


Other Benefits :

Two Rider# Option
  • # The Riders under this product are SBI Life - Accidental Death Benefit Rider (UIN: 111B015V03) and SBI Life - Accidental Total & Permanent Disability Benefit Rider (UIN: 111B016V03)
SBI Life – eShield Next - Term Insurance Plan

2N.ver.01-07-21 WEB ENG

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

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


*Tax Benefits:

Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details. For further details click here.