Grameen Bima
vs
Digishield Plan
- Affordable Premiums
- Multiple plan options to choose from
- Flexible premium payment options
| PLAN DETAILS |
 Grameen Bima |
 Digishield Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Maturity age | Maximum Maturity Age - 60 years | Maximum Maturity Age - 85 years |
| Plan Sum Assured | Basic Sum Assured: ₹10 K to ₹50 K | Base sum assured: 30 Lacs to no limit. |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 50 years | Minimum Age - 18 years Maximum Age - 65 years |
| Plan Payment modes | One time payment at policy inception | Annual, half-yearly, quarterly & monthly |
| Plan Policy loan | The policy loan is not available under SBI Life Grameen Bima Yojana Plan. | The policy loan is not available under ABSLI Digishield Plan. |
| Plan Sample Premium | Rs 503-/ per month | Rs 603-/ per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | 5 years | Minimum term - 5 years Maximum term - 40 years |
| Claim Settlement Ratio (2023-24) | 98.25 | 98.12 |
* 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.
According to IRDAI, a medical examination test is necessary for purchasing any Yojana. However, sometimes, a delay in a report or minor health issues could delay the chances of obtaining the policy. So today, we have got you a government scheme that doesn't require a medical examination test to purchase.
Yes, you heard it correctly. The plan we are going to discuss today is the SBI Life Grameen Bima Yojana, which doesn't require any medical examination test to purchase; only the satisfactory health declaration form is required.
SBI Life Grameen Bima Yojana is a simple, hassle-free microinsurance plan that provides financial security for your dependents after your absence. With affordable premiums and ease of purchase, this plan is gaining popularity among consumers of all sectors in India.
SBI Life Grameen Bima Yojana offers you a range of benefits including:
You can add the following riders to your SBI Life Grameen Bima Yojana:
Accidental Death Benefits Riders provide an additional sum if the policyholder dies within 120 days of the accident.
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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With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.
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