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SBI Life e-Shield - Increasing Cover

Eligibility  
Entry Age (years)  
Minimum 18
Maximum 60
Maximum Maturity Age (years) 70
Policy Variants Increasing Cover
Increasing cover with Accidental Death benefit
Policy Term (years)  
Minimum 10
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 Sum Assured increases by 10% after every 5th year.
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.
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 info@sbilife.co.in
Call On 1800 22 9090