Posts Tagged ‘term insurance’

SBI Life- Shield.

Thursday, August 6th, 2009

When we were small enough to earn our living,our parents/guardians helped us doing it by caring us and making us capable to step into the hectic and timeless world. Now it is your duty to take care of them and you even make them financially secure. But in this busy life, we don’t even get time to take care of ourselves properly then how could we care of our parents or fulfill their retirement dream. ‘Life is full of uncertainties and risk’ as you all know. To assure that due to some uncertainties your dream should not be shatter which you have for your family.

SBI Life furnish you with ‘Shield’ which is a pure risk policy that offers you a significant life cover at a very low cost. You did not have to worry about the dream if you come across premature death, as with this cheap life cover policy unfulfilled jobs of yours will get financially fulfilled eventually.

Some Unique Features:

  1. Life cover at the cheapest cost.

  2. Available in 3 options.

  3. Tax benefit u/s 80 C and 10 (10 D) of IT Act.

  4. Discount for Female lives.

  5. Premium payment mode- monthly,half-annually,annually,quarterly,single.

  6. Rider options available.

  7. 15 days Free Look Period from the date on which you receive the policy documents.


Death Benefit: in case of unfortunate death, the nominee will get the sum assured.

Maturity Benefit :No survival benefit available at the end of the term.