Buy Policy in just 2 mins
2 lakh + Happy Customers
Free Comparison
Security for your loved ones is available with the SBI Saral Jeevan Bima Plan at a reasonable cost. It is a straightforward policy that offers the ease of paying a premium once, on a regular basis, or over the course of a policy period of 5 or 10 years. SBI Life Saral Jeevan Bima offers a death benefit to policyholders safeguarding the future of their loved ones. On the death of the life assured during the policy period once the waiting period has passed or due to an accident, the nominee/legal heir will receive the sum assured in lumpsum. SBI Life Saral Jeevan Bima does not offer any survival benefits, maturity benefits or rider benefits. It is a simple, straightforward life insurance plan.
SBI Saral Jeevan Bima is a non-linked and non-participating life insurance premium product. SBI life Saral Jeevan Bima is suitable for people who want a pure protection cover.
The table given below highlights the eligibility criteria for the SBI Life Saral Swadhan Plus plan.
Min: 18 Years
Max: 65 Years
Min: 5 L
Max: 25 L
Max: 70 years
5 to 40 Years
Regular Premium, Limited Premium (5 and 10 years), Single Premium
Read the brochure below to understand more about the plan:
SBI Life Saral Jeevan Bima Policy is a simple pure protection plan that is well known for protecting and safeguarding the insured life’s family in the face of adversity under any unforeseen circumstances. Read more to understand the features and benefits.
There are multiple benefits available when purchasing SBI Saral Jeevan Bima Plan. Here we have mentioned the advantages:
Know more about SBI Term Insurance plans, claim process, buying process, and contact details of the company by clicking on the sections below:
Click to know SBI Term Insurance Claim Process.
Click to know SBI Term Insurance Buying Process.
Click Here to Check SBI Life Term Insurance Contact Details.
You can find other term policies offered by the SBI Term Insurance company in the section below:
SBI Life Arogya shield is a dual protection plan that covers health along with the life insurance cover. The plan comes with affordable premiums and offers discounts also.
Unique Features
A protection plan offering 3 plan options to choose from along with a Terminal Illness Benefit that allows you to enhance your protection with Riders.
Unique Features
An Individual, Non-linked Pure Risk premium product, that offers complete protection to the family members.
Unique Features
Offers Critical illness cover and coverage for 36 Critical Illnesses with premium waiver benefit on the diagnosis of any of the covered Critical Illnesses.
Unique Features
SBI Life Smart Shield is a pure term plan that offers two options – Level Term Assurance and Increasing Term Assurance and offers additional riders for enhanced protection.
Unique Features
A Life insurance, saving product with a return of premium. This plan provides fixed life cover throughout the term along with maturity benefits.
Unique Features
A Life Insurance Pure Risk Premium Product. It provides a life cover with a one-time premium payment. It is an affordable plan with surrender benefits.
Unique Features
See More Term Insurance Articles
See More Term Insurance Articles
Saral Jeevan Bima simplifies the concept of term insurance and brings it within easy reach of everyone. The Saral Jeevan Bima insurance is a standard term insurance policy that is being rolled out by insurance companies from 1 January 2021. This follows a directive from the Insurance Regulatory and Development Authority of India (IRDAI) to all life insurers to launch a standard term plan which will have uniform terms and conditions across insurers, with sum assured ranging between Rs 5 lakh and Rs 25 lakh.
SBI Saral Jeevan Bima offers a minimum sum assured of Rs 5 lakhs.
The minimum and maximum entry age for SBI Saral Jeevan Bima Plan are 18 Years to 65 Years.
SBI Saral Jeevan Bima policy is a basic pure protection plan that offers financial security to the insurer’s family in the face of adversity. It offers the sum assured in the form of a lump sum amount to the insurer’s family in order to provide them with financial protection.
SBI Saral Jeevan Bima is a basic protection scheme which does not offer any maturity benefits.
Read what our customers have to say about SBI term insurance company
Sneha Nath
Mumbai
March 28, 2024
I would like to inform you that my maturity claims have been settled by SBI Life Insurance on 04.15.2024 and thanks all of you for helping me throughout the claim process.
kartik saxena
Goa
March 18, 2024
I had to add some riders to my Sbi life insurance, policy.com team helps to me to understand which rider is more important and which is not. Resulting helps me to save lots of money. Happy with...
Rakesh kumar
Indore
February 16, 2024
Great service! Quick claim processing for my sbi life insurance, Highly recommend for reliable insurance coverage at competitive rates.
Priyanshu raghav
Gurgaon
January 25, 2024
I wanted a term insurance plan that was not too expensive, and PolicyX.com gave me just that. The website let me compare quotes from different companies, so I found a plan that fits my budget.
Vidyut Sharma
Ahmedabad
October 4, 2023
Thanks to PolicyX.com, I found an affordable SBI Term Insurance policy that fits my family s needs perfectly. The platform is easy to navigate, and their customer support is top-notch. Highly r...
Vidisha Gupta
Guwahati
October 4, 2023
PolicyX.com s comparison tool is a game-changer. I was able to assess multiple SBI Term Insurance plans and pick the one that suits my budget and requirements. The process was efficient, and I ...
Veer Singh
Delhi
October 4, 2023
I appreciate the transparency and honesty of PolicyX.com. They provided all the necessary information about SBI Term Insurance, including premiums and benefits. It helped me make an informed ch...
Varsha Verma
Gandhinagar
October 4, 2023
PolicyX.com simplified the process of getting SBI Term Insurance. Their website is user-friendly, and the policy details were explained clearly. I now have peace of mind knowing my family s fut...
Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.
*T&C Apply