SBI User Reviews
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 |
Purchased a good term plan
I was able to compare several term plans according to my requirements and budget using the online term insurance premium calculator. Comparing term plans was quite easy at InsuranceDekho. I purchased the SBI Life Term Insurance Policy as it fulfilled my requirements under my budget.
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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.