Bajaj Saral Jeevan Bima vs Poorna Suraksha Plan Term Insurance Plan 2026 | PolicyX

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Bajaj Sararl Jeevan Bima is a non-linked, non-participating individual, pure-risk premium life insurance plan designed to provide financial security to the policyholder and their families. The plan offers flexibility in choosing sum assured, term, premium payment term, and payment mode. The policyholder can enjoy a good range of sum assured from 5 lakh to 25 lakh.

Bajaj Saral Jeevan Bima Plan offers you a range of benefits including:

  • Premium Flexibility 
  • Tax Benefit
  • Surrender Value
  • Additional riders to choose from
  • Death benefits
  • Choice of sum assured;

PLAN DETAILS

Bajaj Saral Jeevan Bima

Poorna Suraksha Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Death Benefit
  • Tax Benefit
  • 25 Lakh Max Sum Assured
  • Cover 36 Critical Illness
  • Avail Premium Waiver
  • Avail Fixed Premium
Plan Maturity age Maximum Maturity Age - 70 years Minimum maturity age: 28 years, Maximum Maturity Age - 75 years
Plan Sum Assured Base sum assured: Rs 5 lakhs to 25 lakhs Basic Sum Assured: ₹20L to ₹2.5 Cr
Plan Entry Age Minimum Age - 18 years Maximum Age - 65 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes Annual, half-yearly, quarterly & monthly Yearly, Half-Yearly, and Monthly
Plan Policy loan The policy loan is not available under Bajaj Saral Jeevan Bima The policy loan is not available under SBI Life Poorna Suraksha Plan.
Plan Sample Premium Rs 670/- per month Rs 549-/ per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 5 years Maximum term - 40 years Minimum term - 10 years Maximum term - 30 years
Claim Settlement Ratio (2024-25) 99.33% 98.83%
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* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.

Riders

Riders Associated with SBI Poorna Suraksha Plan

You can add the following riders to your SBI Life Poorna Suraksha Plan:

SBI Life Accidental Death Benefit Rider

Accidental Death Benefits Riders provide an additional sum if the policyholder dies within 120 days of the accident.

SBI Life Accidental Total and Permanent Disability Rider

Accidental Total and Permanent Disability Riders cover the policyholder if any accident occurs that leads to the permanent disability of the policyholder.

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