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| Eligibility | |
| Entry Age (years) | |
| Minimum | 18 |
| Maximum | 65 |
| Maximum Maturity Age (years) | 70 |
| Policy Variants |
Level cover Level cover with Accidental Death Benefit |
| Policy Term (years) | |
| Minimum | 5 |
| Maximum | 30 |
| Sum Assured (Rs) | |
| Minimum | 20,00,000 |
| Maximum | No Limit |
| Minimum Premium (Rs) | |
| Yearly | 3500 |
| Premium Payment Frequency | Yearly |
| Premium Payment Term | Same as Policy term |
| Policy Cover | Cover remains fixed for the tenure of the policy |
| Other Features | |
| Free Look Cancellation | In case, you are not satisfied, you may choose to cancel the policy within 30 days of receiving the policy documents. Upon such cancellation, you will be paid back the premiums, minus the cost of stamp duty, medical reports and proportionate premium for the period for which the risk was covered. |
| Grace Period | A grace period of 30 days after premium due date is allowed. |
| Lapsed Policy Reinstatement | A lapsed policy may be revived within 2 years from the date of the first unpaid premium subject to satisfactory proof of insurability as required by the company. |
| Tax Benefits | Section 80C, 10 (10D) of the Income Tax Act, 1961 would apply. |
| Exclusions |
If the life assured commits suicide within one year from the risk commencement date, whether sane or insane at that time, the nominee will be entitled to 80% of the premiums paid, the policy will be void and no claim will be payable. If the life assured commits suicide within one year from the reinstatement date if reinstated, whether sane or insane at that time, the policy will be void and no claim will be payable |
| Customer Service | |
| Address |
Sbi Life Insurance Co. Ltd. Registered & Corporate Office: Natraj, M.V. Road & Western Express Highway Junction, Andheri (East), Mumbai – 400 069 |
| Mail To | [email protected] |
| Call On | 1800 22 9090 |