Product Information
Protection Plans SBI Life - Saral Shield
SBI Life - Saral Shield is a traditional non-participating pure term Insurance plan. At an affordable cost, SBI Life Saral Shield provides cover for your family and ensures that a proper safety net is created. Thus, it guarantees that there will be no compromise on your dreams and ambitions for your loved ones.


  • Hassle-free, convenient and easy issuance.
  • Financial Security.
  • Freedom from your liability by choosing one of the following plan options:
    1. Level Term Assurance;
    2. Decreasing Term Assurance (Loan Protection);
    3. Decreasing Term Assurance (Family Income Protection)
  • Special premium discounts for women
  • Large sum assured rebates.
  • Tax benefits* as per prevailing norms under the Income Tax Act, 1961.


  • Death Benefit.
  • Maturity Benefit: No survival benefit available at the end of the term.
  • Riders.
Age at Entry Min: 18 years
Max: 60 years
Age^ at Maturity Max: 65 years
Plan Options Level Term Assurance
Sum Assured (x 50,000/-) Min: Rs. 7,50,000
Max: Rs. 24,00,000
Policy Term Min: 5 years
Max: 30 years
Premium Paying Term Regular Premium - pay premium till the chosen policy term
Single Premium - pay premium once for coverage till the chosen policy term
Premium Modes Yearly / Half-yearly / Quarterly / Monthly