SBI Life Term Insurance Benefits

SBI Life Term Insurance plans are trusted by more than 4 million customers. There are many reasons why customers consider SBI Life Insurance as one of the best life insurance companies in India. Read on to find out the benefits of purchasing term insurance plans from SBI Life.

• Affordable Products:

SBI Life Term Plans are available at affordable premiums. You can secure the future of your loved ones financially without disturbing your existing financial needs and goals. Additionally, SBI Life offers numerous term insurance plans. You can compare different plans and buy the one that provides maximum coverage at an affordable premium.

• Easy To Purchase:

SBI Life Insurance allows policyholders to purchase term insurance plans online with ease. Anyone who wants to secure the future of their loved ones can either visit the official website of InsuranceDekho or SBI Life to compare different term plans and buy the best one online.

• Extensive Coverage:

The policyholders of SBI Life Insurance enjoy extensive protection and peace of mind during unfortunate events. This means you can enhance the coverage of your SBI Life Term Insurance Plan by purchasing riders. You may have to pay an additional premium to include riders with your standard term insurance plan.

• Unique Plans:

SBI Life Term Plans are unique and designed specially to meet the unique needs of individuals. For instance, SBI Life Arogya Shield Plan provide both health and life coverage under a single plan. Therefore, the policyholders can claim their policy in case of medical emergencies.

• Claim Settlement Ratio:

The claim settlement ratio is the ratio of total claims settled in a particular financial year. SBI Life Insurance has a claim settlement ratio of 97.5%, making it one of the best insurance companies in India.