SBI Life Arogya Shield Plan: Check Eligibility, Premium and Benefits
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SBI Life Arogya Shield Plan

SBI Life Aarogya Shield is a combination of health and term insurance ...Read More

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About SBI Life Arogya Shield Plan

A quick read on what this SBI Term Insurance term plan covers and why it might be a fit for you.

SBI Life Arogya Shield is a health-plus life combination plan from SBI General Insurance and SBI Life Insurance that offers health and pure term life cover under a single plan. The policy grants security for your family with a standard term plan at an affordable cost. Arogya Sheid offers cashless claims for health coverage and an additional discount of 5% on premiums. The company has designed a brilliant plan that is uncomplicated and has the benefit of both worlds i.e. life and health insurance. 

SBI Life Arogya Shield Plan offers you a range of benefits including:

  • Pure Term Life Cover
  • Cashless Claims
  • Tax Benefits As Per Laws
  • Large Sum Assured Discounts
  • Health Cover
  • Hospitalization Cover

Eligibility Criteria for SBI Life Arogya Shield Plan

Entry age
Entry age
Minimum Age - 18 years Maximum Age - 65 years
Maturity age
Maturity age
Maximum Maturity Age - 70 years
Policy term
Policy term
Minimum term - 5 years Maximum term - 40 years
Sum assured
Sum assured
Basic Sum Assured: ₹20L to ₹2.5 Cr
Policy loan
Policy loan
The policy loan is not available under SBI Life Arogya Shield Plan.
Payment Modes
Payment Modes
Yearly and Monthly

Pros & cons

A quick honest summary — the strengths and the trade-offs.

Pros

  • Health Cover
  • Pure Term Life Cover
  • Cashless Claims

Cons

  • No Survival Benefit
  • No Maturity Benefit
  • No Surrender Benefit

Video reviews

Walkthroughs from the PolicyX team — pros, cons, real claim experiences and who should buy.

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SBI Term Insurance | Best Life Insurance Policy In India

Who can buy this plan

Eligibility criteria pulled straight from the policy wording.

Entry Age -18 Years
Max Entry Age- 65 Years
Minimum Sum Assured - ₹5L
Maximum Maturity Age - 70 Yrs
Premium Payment Term - RP/SP

How Does SBI Life Arogya Shield Work?

Let's understand how the SBI Life Arogya Shield with a simple premium illustration.

Problem

Mr. Verma, 30 years old, wants health insurance coverage to manage rising medical expenses and unexpected hospitalisation costs.

Solution

He visited PolicyX.com to compare health insurance plans. After understanding his requirements, PolicyX.com advisors suggested SBI Arogya Shield.

Let us see a brief illustration of  theClick 2 Protect Supreme plan.

Age Policy Term Sum Assured  Family members covered  Premium (Monthly)
32 years 20 years Rs 10 lakh Self+Spouse  Rs 1,850

 

Benefits of SBI Life Arogya Shield Plan

Here are the key benefits of the SBI Life Arogya Shield Plan.

Health+Life cover

You will get individual or family health insurance along with pure term life cover under a single policy.

Premium Discount

You can avail an extra 5% discount on both health and life insurance premiums.

Cashless hospital facility

You can easily access cashless treatment at network hospitals for covered medical expenses.

What are the exclusions of SBI Life eShield Next Plan

Here is the list of exclusions associated with the plan:

  • Death occurred due to a pandemic is not covered by the company.
  • Death caused due to any type of adventure sports.
  • Death by consumption of any type of drugs and alcohol.
  • Death due to any pre-existing disease that isn't mentioned during the start of the policy.
  • If a policyholder commits suicide within first 12 months of purchasing the policy, then no death benefits are paid to their nominee.

Conclusion

SBI Life Arogya Shield term insurance plan provides dual protection for health and life insurance, it's an affordable plan that offers additional discounts on premiums. This is a non-participating and non-linked life insurance plan that grants a payout in case of the unfortunate death of the policyholder. Arogya Shield also offers cover for medical emergencies and hospitalization.

The concoction of life and health insurance makes the plan demanding among the customers. If you want to know more about the plan or compare different plans, you can easily contact us through the website policyx.com or call us at 1800-4200-269.

Conclusion

SBI Life Arogya Shield term insurance plan provides dual protection for health and life insurance, i

SBI Life Arogya Shield: FAQs

The 7 most-asked questions about SBI Life Arogya Shield Plan, answered.

The plan does not offer any policy loan.
No, this plan does not offer any suicide cover.verage.
The plan offers 15 days as a grace period to the policyholder.
SBI Life Arogya Shield Plan provides combined health and term cover. It covers family hospitalization, death benefit, and critical illness.
The entry age for the SBI Life Arogya Shield plan ranges from 18 to 65 years. The policyholder can include spouse and up to two dependent children under the family health cover option.
You can opt for a sum assured from ₹20L to ₹2.5 Cr.
To buy the SBI Life Arogya Shield Plan, submit address proof, identity proof, age proof, income proof, bank details, a passport-sized photograph, or a cancelled cheque, and medical reports.

Written and reviewed by

PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.

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