Top 5 Latest Insurance Policies from State Bank of India in 2019 - Legal Gyan

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Wednesday, October 23, 2019

Top 5 Latest Insurance Policies from State Bank of India in 2019

Top 5 Latest Insurance Policies from State Bank of India in 2019

Hey readers, today's topic is very fascinating because today we are going to talking about the top 5 latest insurance policies from State Bank of India which was introduced by State Bank of India in 2019.


Top 5 latest insurance policies from State Bank Of India in 2019.






So here are all the five insurance policies from State Bank of India in 2019.

1. SBI e-shield plan



SBI e shield plan is said to be one of the latest policy from SBI in 2019. The eligibility criteria to acquire this plan is 18 years to 65 years. The duration of this policy is 5 years to 30 years. In this policy, you cannot able to acquire your maturity amount. This policy only provides the amount of death. This LIC policy is like a term insurance that secures your family after your death. You can also apply to this plan through offline or online.

To acquire this plan you have to show your medical certificate to the insurance company.


2. SBI Smart sheild

This insurance policy is also a very good insurance policy from SBI in 2019. This is also like term insurance which gives benefit only death not in maturity time. To apply for this insurance policy your age must be more than 18 years and less than 60 years. The minimum policy term of this policy is 5 years and the maximum term of this policy is 30 years.

In this policy, the rebate is very high and that's why is policy is said to be one of the popular life insurance policies from SBI. This policy also contains tax benefit and this makes this policy a unique and profitable Life Insurance policy of 2019.


3. SBI Life Saral shield

This policy is also a term insurance policy but the best part of this policy is that this policy is specified to cover every step of life. In this policy, SBI provides a heavy discount for women customers. The minimum age eligibility for this plan is 18 years and the maximum is 60 years. The policy terms of this insurance is 5 year to 30 years. this plan has very varieties and different levels of in of term insurance but this policy only pays the amount on the death of the customer, not for the maturity date. The policy also prevailing the tax benefit under the income tax act 1961.


4. SBI Life- Saral Pension plan

This plan is said to be the best pension plan from SBI this is also called the latest pension plan from SBI. The minimum age to apply for this policy is 18 years and the maximum age is 65 years. the minimum policy term is 10 years and the maximum policy term of this policy is 40 years. In this policy, you also can gain vesting benefits like ok at the time of your death you can get your whole amount what you deposit in this policy including many types of interest like compound interest. This policy is special because this policy provides triple benefits like death cover, life cover and maturity benefit.


5. SBI Retire Smart Plan



This plan is also one of the latest plans from SBI which was introduced in 2019. it is also called the unit-linked pension plan. Eligibility to apply in this plan is a minimum of 30 years and a maximum of 65 years.in

 this plan, you can get a vesting benefit of 101 percent of funds deposited in this plan with interest. This policy also provides a death benefit of 105 percent of fund value with interest.


So here we see the top 5 latest plans of SBI Life Insurance company all plans are very good for a long term basis. if you are interested and wanted to buy this policy you can visit your nearest SBI Bank.you also can apply for this policy online through the official website of SBI or for some third party ee website like policybazaar.com

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