SBI Life e-Shield is a term insurance plan that provides financial protection to your family in case of your death. Here are some of the main features and benefits of this plan:
Main Features of SBI Life e-Shield
Minimum Entry age | 18 years (completed) |
Maximum entry age | 60 year (nearest) |
Maximum age at entry | 75 years (nearest) |
Minimum policy term | 5 years |
Maximum policy term | 40 years |
Minimum sum assured | 50,00,000 |
Minimum sum assured for other channels | 75,00,000 |
Maximum sum assured | 100,00,000 |
the amount can be paid yearly | amount can be paid yearly |
Good Points of SBI Life e-Shield
- 100 crores are the maximum Sum Insured limit
- You can pay your amount either cash or online through net banking/credit card/debit card/Paytm/Google Pay
- It has a Medical Second Opinion feature, which allows you to get a second opinion from a panel of medical experts in case of a critical illness.
- It has a flexible premium payment mode: you can pay the premium once, for a limited period, or for the entire policy term.
Bad Points of SBI Life e-Shield
- It’s more costly in comparison to other private players in the same segment.
Annual Premium For Healthy Male, Non-Smokers, Age 30 Years, Sum Insured 50,00,000 (50 Lakhs)
Company | Amount(rupees) |
ICICI Pru iCare II | 9470 |
LIC e-Term | 8202 |
Bajaj Alliance iSecure | 7623 |
SBI Life e-Shield | 7220 |
HDFC Life click2Protect | 6741 |
Max Life Online Term Plan | 4775 |
Aviva i-life | 4635 |
Aegon Religare iTerm | 4607 |
Reliance Online Term | 4029 |
- This proposal for your own life will be only considered. If you want to buy a policy for your wife or any other family member. You Need to Buy Separately for them.
- Not available for NRIs.
Things You Must Have to Buy This Plan
- You need to undergo a health check-up During buying plan in India.
- Bank Account Details and MICR code
- Details of medical history (if any)
- Details of family members
- Details of your all existing insurance (if any, both Private or SBI )
- PAN Number
- Form 16 or ITR of the last three years
If you have all the above information/documents then log in SBI Life e-Shieldhttps://www.googleadservices.com/pagead/aclk?sa=L&ai=DChcSEwjE7pCo7LuCAxWDpWYCHZSzCloYABAAGgJzbQ&gclid=EAIaIQobChMIxO6QqOy7ggMVg6VmAh2UswpaEAAYASAAEgJlRfD_BwE&ohost=www.google.com&cid=CAASJeRop-0-d00__WR2s5OS1CuKkn7YYsAEcBlGlFutgH_XVlwuGXw&sig=AOD64_2m-oSFssvSeRypxIrWGp4LU-e9zA&q&adurl&ved=2ahUKEwjOp4uo7LuCAxXhzTgGHZY9CNUQ0Qx6BAgJEAE and buy this plan. Medical tests are necessary for this online term insurance plan.
If you have any problem during the process of buying SBI Life e-ShieldLIC’s e-Term, then you can email contact support team of SBI.
Things to Take Care
- No accidental benefit for the rider.
- Maximum age is 75 Yrs.
Website
For further information contact https://www.sbilife.co.in/en/online-insurance-plans/eshield-next.