No Spam
No
mis-selling
No pushy
sales
Grameen Bima
503-/ per month
VS
Group Suraksha Plan
730-/ per month
SBI Life Grameen Bima Yojana is a simple, hassle-free microinsurance plan that provides financial security for your dependents after your absence.
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.
This plan doesn't require any medical examination test to purchase; only the satisfactory health declaration form is required.
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:
| PLAN DETAILS |
Grameen Bima |
Group Suraksha Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Maturity age | Maximum Maturity Age - 60 years | Maximum Maturity Age - 54 years |
| Plan Sum Assured | Basic Sum Assured: ₹10 K to ₹50 K | Basic Sum Assured: ₹5 Thousands to ₹25 Thousands |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 50 years | Minimum Age - 18 years Maximum Age - 54 years |
| Plan Payment modes | One time payment at policy inception | Annual, Semi-Annual, Quarterly, and Monthly |
| Plan Policy loan | The policy loan is not available under SBI Life Grameen Bima Yojana Plan. | The policy loan is not available under Bharti AXA Group Suraksha Plan. |
| Plan Sample Premium | Rs 503-/ per month | Rs 730-/ per month |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy Term | 5 years | Minimum term - 1 year Maximum term - Annual Renewal |
| Claim Settlement Ratio (2024-25) | 98.83% | 99.18% |
|
SBI Term Insurance | Best Life Insurance Policy In India Bharti AXA Term Insurance Plans |
||
* 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.
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.
Consult for Personalized Insurance Advice
Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.
ChatGPT
Claude
Perplexity
2862-1768461875.png)
4573-17437572564599-1745910534.png){kind=logo}
