SBI Term Insurance Premium Calculator
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 |
The SBI Life Term Insurance premium calculator is a convenient online tool designed to assist you in estimating the premium amount for your term insurance plan. The calculation takes into account various factors such as your age, lifestyle habits, chosen sum assured, and other relevant parameters. Using the SBI term insurance calculator offers several benefits and provides policyholders with a clearer understanding of the premium amount associated with their life term insurance plan.
To learn more about the advantages and the step-by-step process of using the SBI term insurance calculator, continue reading.
Benefits of the SBI Life Term Insurance Calculator
The following are the benefits of using the SBI Term Insurance calculator online:
- Reliability: A term insurance premium calculator calculates the exact premium amount that you will have to pay for your term plan. By entering the correct information, you receive an exact premium amount tailored to your unique circumstances. This transparent approach ensures that you're well-prepared and eliminates any guesswork.
- Free of Cost: The fact that the SBI Term Calculator is free to use is another important advantage. Anyone can visit InsuranceDekho's official website and use the term insurance premium calculator online with comfort. This way, financial planning becomes more accessible to all, promoting a more secure society.
- Simple to Use: It is easy and hassle-free to use the SBI term plan calculator. You can calculate the premium amount you may have to pay for your term insurance even if you have no prior understanding of insurance. Its user-friendly interface welcomes individuals from all walks of life, regardless of their prior understanding of insurance intricacies. This inclusivity empowers everyone to make well-informed decisions regarding their financial future.
- Make a Wise Decision: Comparing different term insurance plans will allow you to make an informed decision. Therefore, you can use the SBI Term Insurance Premium Calculator to compare different plans online and buy the one that best suits your needs.
How to Use the SBI Term Insurance Premium Calculator?
Here’s the process that you can take to calculate the premium for SBI Term Insurance Plans online:
Step 1: Visit InsuranceDekho's official website.
Step 2: Click on "SBI Term Insurance" in the "Term Insurance Companies" section.
Step 3: The SBI term insurance page will appear on your screen.
Step 4: Enter your information, such as your birth date, gender, age, and so on. Further, provide policy details like the sum assured and policy tenure.
Step 5: To calculate the premium for your SBI term insurance plan, select the "Calculate Premium" option.
Step 6: All of SBI's Life term plans will be displayed on your screen. InsuranceDekho allows you to compare various plans and purchase online with ease.
Conclusion
In a world full of uncertainties, having a secure future is a crucial responsibility. The SBI Term Insurance Premium Calculator acts as a reliable tool in this journey. It is a trustworthy, free-to-use, and easy-to-understand tool that empowers you to make informed decisions by facilitating useful comparisons. So, instead of just dreaming about a secure future, take proactive steps – calculate, compare, and pave the way for a well-lived life.
Term Life Insurance Premium Calculator
Gender
- Male
- Female
Date of Birth
Do you smoke or chew tobacco?
- Yes
- No
Choose required coverage to secure your family’s future
Best SBI Term Insurance Plans
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.7%
- Revised Zero Cost Benefit
- Terminal Illness
- Cover Continuance Benefit
- Insta-Payment on Claim Intimation
- Nominee's Choice payout
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.2%
- Waiver of Premium on Disability
- Terminal Illness
- Life Stage Benefit
- Special Exit Benefit
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.4%
- Terminal illness
- Special Exit - Option to get your premiums back
- Renewability Option
Why to Buy Term Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 80 Lacs+ happy customers
SBI Term Insurance Contact Details
Claim Process at SBI Term Insurance
Best Insurance Advisors in Your City.
FAQs
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Do SBI Life Term Insurance plans offer Tax Exemptions?
Yes, SBI Life Term Insurance offers tax exemptions under section 80C, section 80D, and section 10(10D) of the taxation law subject to terms and conditions.
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What is the right time to buy a SBI Life Term Insurance plan?
The right time to buy the SBI Life Term Insurance plan is as early as possible. With the increasing age, the higher would be the term plan premium. The minimum age you can purchase a SBI Life Term Insurance plan is 18 years.
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What are the different factors that will affect my SBI Life Term insurance premiums?
Your SBI Life term insurance premium amount will be based on your Gender, Age, Occupation, Pre-Existing disease, and Cover-up to which age.
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How will my Age affect my SBI Life term insurance premium?
Age is an important factor in deciding the premium. As the age increases, and so is the term insurance premium.