SBI LIFE-ESHIELD

Prepared By: Ankit Vyas (068)

Non Linked.SBI Life . Non Participating pure term plan. INTRODUCTION .eShield is an Individual. with options and benefits specially tailored for those who want the best financial protection at an affordable cost.

      Security for your family at an affordable premium Easy and seamless online process for securing life cover. which has level and increasing cover. Additional benefit of Accidental Death Benefit. 1961. Tax benefits# u/s 80C and 10(10D) of Income Tax Law. KEY FEATURES . Wide variety of plan options. Rewards you for maintaining a healthy lifestyle.

Sum assured would be in multiples of Rs.00. 3500 PLAN OPTIONS Max: No Limit .000/.Plan Options Age^ at entry  Level Cover  Level Cover with Accidental Death Benefit  Increasing Cover  Increasing Cover with Accidental Death Benefit Min:18 Years Max: For Level Cover & Level Cover with Accidental Death Benefit 65 Years For Increasing Cover & Increasing Cover with Accidental Death Benefits 60 Years Maximum Age at Maturity Basic Sum Assured 70 Years Min: Rs 20.000 only Max: No Limit (Subject to underwriting) Policy Term Min: For Level Cover & Level Cover with Accidental Benefits 5 years For Increasing Cover & Increasing Cover with Accidental Benefits 10 Years Max: 30 Years Premium Frequency Premium Payment Term Premium Amount Yearly Same as Policy Term Min: Rs. 1.00.

Tax Benefits Tax deduction under Section 80(C) is available. The Accidental Death Benefit will be equal to the Basic sum assured or Rs. Accidental Death Benefit will be paid to the beneficiary in addition to the effective sum assured at the time of death. exceeds 10% of the sum assured. then in case of death of the life assured due to accident during the policy term. Tax exemption under Section 10(10D) is available. 50 Lakhs whichever is lower. the benefit will be limited up to 10% of the sum assured. BENEFITS . On Death    Depending Upon the plan option chosen. subject to the premium not exceeding 10% of the sum assured in any of the years during the term of the policy. However in case the premium paid during the financial year. the nominee will receive the Effective sum assured at the time of death Death Benefit will be paid provided all regular premiums are paid and the policy is in force as on the date of a claim On Maturity: No survival benefit available at the end of the term Other Benefits In case of Level Cover with Accidental Death Benefit and Increasing Cover with Accidental Death Benefit is chosen.