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Eshield Next Plan
503-/ per month
VS
Mera Term Plan Plus
545-/ per month
| PLAN DETAILS |
Eshield Next Plan |
Mera Term Plan Plus |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Maturity age | Maximum Maturity Age - 100 years | Maximum Maturity Age - 99 years |
| Plan Sum Assured | Basic Sum Assured: ₹50L to No Limit | Basic Sum Assured: ₹25L to no limit. |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 65 years | Minimum Age - 18 years Maximum Age - 60 years |
| Plan Payment modes | Single, Yearly, Half-Yearly, and Monthly | Annual, Semi-Annual, and Monthly |
| Plan Policy loan | The policy loan is not available under SBI Life eShield Next plan. | The policy loan is not available under PNB Metlife Mera Term Plan Plus. |
| Plan Sample Premium | Rs 503-/ per month | Rs 545-/ per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | Minimum term - 5 years Maximum term - 100 years | Minimum term - 10 years Maximum term - 99 years |
| Claim Settlement Ratio (2023-24) | 98.25 | 99.2 |
|
SBI eShield term insurance plan PNB Metlife Mera Term Plan Plus |
||
* 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.
SBI Life eShield Next, launched by SBI Life is a new age term insurance plan that enables you to take care of your current requirements and your changing responsibilities. You can boost your family's financial immunity in an ever-changing world with SBI Life eShield Next. SBI Life offers multiple term plans along with eShield Next to safeguard your loved ones.
SBI Life eShield Next Plan offers you a range of benefits including:
You can add the following riders to your SBI Life - eShield Next Plan:
Accidental death benefits rider provides an additional sum if the policyholder dies due to an accident during the policy tenure.
Accidental Total and Permanent Disability Rider covers the policyholder if any accident occurs that leads to the permanent disability of the policyholder.
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