SBI eShield Term Insurance Riders

Claim Settlement Ratio | 93.09% |
Customer Care | 9:00 AM to 9:00 PM |
Death Benefit Paid For | 212,57 Policies |
Inception | 2001 |
Presence | 825 offices |
Total Death Benefit Paid | 810.71 Crore |
You can enhance the power of coverage of your SBI Life eShield plan by adding the following rider to the plan:
1. SBI Life - Accidental Death Benefit Rider: SBI Life Accidental Death Benefit rider provides a lump amount, in case the life assured passes away in an accident or within 120 days from the date of the accident during the policy term. This rider provides financial protection to the family of the life assured in case of an unforeseen demise of the life assured in an accident.
2. SBI Life - Accidental Total and Permanent Disability Rider: SBI Life Accidental Total and Permanent Disability rider provides a lump sum in case the life assured suffers total and permanent disability caused in an accident during the policy term. This rider provides financial assistance to the life assured in case he/she suffers total or permanent disability caused by an accident, making his/her unable to earn a living.
Key Inclusions and Exclusions of the Plan
What's Included
- Unforeseen Demise
- Terminal Illness
- Accidental Death
- Accidental Total or Permanent Disability
What's Not Included
- SBI Life eShield plan does not cover death due to suicide. In case the life assured passes by commiting suicide within first 12 months from the date of policy issuance, the nominee shall receive 80% of the total premium paid till the date of life assured’s demise. After the mentioned benefit amount has been paid the policy shall be terminated.

FAQs on eShield Health Insurance Plan
What are Features of SBI Life eShield plan?
Following are some key features of SBI Life eShield plan:
- Provides financial assistance to the family of the life assured during difficult times
- Offers two benefit covers namely Level cover and Increasing Cover
- In-built Accelerated Terminal Illness Benefits
- Flexibility to choose from two different riders available
- Avail Medical Second Opinion service
What are the different benefit structures under SBI Life eShield plan?
There are two different benefit structures offered with the SBI Life eShield plan, which are Level Cover and Increasing Cover.
Does this plan provide maturity benefits?
No, SBI Life eShield plan does not provide any maturity benefits.
What are the riders available for the SBI Life eShield plan?
Under SBI Life eShield plan you can add from any of the following riders to enhance the base coverage of your term plan:
- SBI Life - Accidental Death Benefit Rider
- SBI Life - Accidental Total and Permanent Disability Rider
What is the Accelerated Terminal Illness Benefit under the SBI Life eShield plan?
Under accelerated terminal illness benefit, the life assured will be provided a benefit amount equal to the death benefit in case he/she is diagnosed with a terminal illness during the policy term.
What are the different premium payment modes under SBI Life eShield plan?
Different premium payment modes available under SBI Life eShield plan are Yearly, Half-Yearly, Quarterly and Monthly.
Why should I purchase an SBI Life eShield plan?
SBI Life eSHield plan provides comprehensive coverage and in-built accelerated terminal illness benefit at an affordable premium rate. This plan also offers medical second opinion and has two benefit cover options which are Level Cover and Increasing Cover. This plan helps you ensure financial security of your family even when you are around.
Is policy loan available under SBI Life eShield plan?
No policy loan facility is not available under SBI Life eShield plan.
What is the benefit of purchasing SBI Life eShield plan with Increasing Cover option?
Under the increasing cover benefit option the protection amount increases at 10% at every 5th policy year. In case the life assured passes away during the policy term a death benefit according to the year in which the life assured passed away shall be provided to the nominee.
What is the minimum and maximum basic sum assured under SBI Life eShield plan?
The minimum basic sum assured for SBI Life eShield plan is INR 35,00,000 and there is no limit for maximum basic sum assured.
What is Level Cover Benefit under SBI Life eShield plan?
Under the level cover benefit option of SBI Life eShield plan the protection amount remains the same and a death benefit is provided to the nominee in case of an untimely demise of the life assured during the policy tenure.