–

SBI Life – Sampoorn Suraksha (UIN: 111N040V04) is a Group non-linked non-participating pure risk premium life insurance product, which offers a yearly
renewable group life insurance. It is a comprehensive plan that can be availed to provide for cover against death at competitive rates.
Get insured today in 3 Simple Steps!

Enjoy Instant coverage 24x7, worldwide
Simple to manage with auto renewal option
No Medical Examination required
Supports Family Members and Dependants Financially in case of Untimely Death of the member
Premiums Paid are eligible for tax Rebates (under section 80C of the Income Tax Act, 1961)
Available on YONO platform of SBI
Life cover at an affordable Premium



This is a One Year Group Term Renewal Scheme, presently under

Classification SBI Life - Sampoorn Suraksha (UIN: 111N040V04), available to users of SBI YONO application
Scope of Cover Any SBI YONO user can voluntarily enroll for this cover (subject to eligibility conditions as stated below)

Age at Entry (As On Last Birthday) Minimum : 18 Years Maximum : 55 Years

Age at Maturity (As On Last Birthday) Minimum : 19 Years Maximum : 56 Years

Policy Term 1 Year, renewable upto 55 years of age
Depending on current age (as on enrolment or renewal)
Premium Premium rates are subject to review.
Minimum : ` 2 lakhs
Maximum :
Age (In years) Maximum Sum Assured (In Lacs)
Sum Assured 18 - 35 40
(Rounded Down to Nearest Lakh) 36 - 45 30
46 - 50 20
51 - 55 10
The Sum assured would be capped to a multiple of your average account balance
Death Benefit Sum Assured
Maturity Benefit Not Applicable
The cover under the Scheme will cease on the following :
1. Attainment of 56 years of age (as on last birthday)
Termination of Insurance cover 2. Nonpayment of renewal premium
3. Payment of Claim to the beneficiary
Surrender Benefit Not Applicable
Suicide Exclusion: Suicide claims would be excluded in the first 12 months of coverage. In other words, in case of
death due to suicide in the first 12 months of cover the Sum Assured is not payable. In such a scenario, the 80% of
Exclusion the total premiums paid (net of taxes & cess) till the date of death in respect of the member will be refunded without
interest, provided the member policy is in-force.
In the event that you are not satisfied with the terms and conditions of the policy, and wish to cancel the policy, you can do so
by returning the policy to the company along with a letter requesting for cancellation within 15 days for policies sourced through
Free Look Cancellation any channel mode other than Direct Marketing channel and 30 days for policies sourced through Direct Marketing channel of
receipt of policy.
Premium paid by you will be refunded after deducting stamp duty, taxes and the proportionate risk premium.

67

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
All the product features under this plan have been chosen by the master policyholder in his capacity as the group administrator. Only features chosen by the Master Policyholder are available to you, based on
eligibility. State Bank of India is a Registered Corporate Agent (CoR No. 003) of SBI Life Insurance Company Limited. Insurance is underwritten by SBI Life Insurance Company Limited.For more details on risk factors,
terms and conditions please read sales brochure carefully before concluding a sale. The purchase by bank's Customer of any insurance products is purely voluntary and is not linked to availment of any other facility
from the bank. Trade logo displayed above belongs to State Bank of India and is used by SBI Life under license.Registered and Corporate Office: SBI Life Insurance Company Limited, Natraj, M.V. Road & Western
Express Highway Junction, Andheri (East), Mumbai-400 069 IRDAI Registration No. 111. CIN: L99999MH2000PLC129113 | Email: info@sbilife.co.in | www.sbilife.co.in 72.YILS.ver.05-09-20 F ENG