Prices Increasing soon Prices Increasing Soon

SBI Term Insurance Policy Status

State Bank of India is amongst the list of most popular insurance providers. The best part about the company is it has gone digital for all the services and that makes it super easy for its customers to rely on the services. The plans which SBI offers are Term Insurance,

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
rating
6.7 Crore
Registered Consumers
51
Insurance Partners
3.4 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from ₹384/month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Unit-Linked Insurance, Endowment Plans, Pension Plans, etc. Also, as per your needs and lifestyle goals, you can customize the plans. 

Coming to talk about the digital service part, once you opt for a product from SBI Insurance, you can hassle-free access the account from the official website and navigate through the links for your immediate requirements/queries.

Follow the below-mentioned steps in case you want to check your policy Status with SBI Insurance.

How to Check your SBI Insurance Policy Status Online?

  • Visit the official website of SBI and click on the login option at the top right corner. 
  • Choose the custom option.
  • If you are a new user you have to register on the portal.
  • Feed your date of birth, policy details and customer ID along with and follow the instructions on the screen.
  • Once you are successfully registered you can log in using the credentials.
  • After the registration, log in to the customer panel and you can now see all of your enrolled policies with details.
  • After choosing a policy you can check the status updates and all the other required details.

How to Check Your SBI Insurance Policy Status Offline?

In case you do not have the access to the internet full time, or you find the above-mentioned steps difficult to follow you can choose the offline mode to check your SBI Insurance Policy Status:

  • Via SMS- Type POLSTATUS<SPACE> Policy number and send it to 56161 or 9250001848. This will help you with all the required details for immediate purposes. After sending this SMS you will get to know the status of your policy with the limited details on your registered mobile number.
  • Via Call- You can also check your SBI policy Status by calling on the toll-free number 1800 425 3800. The customer care executive will ask you your date of birth and policy number. You can provide that and ask for the required details.
  • Branch- Last option is, you can visit the nearest SBI Branch and ask the Insurance office to assist you with the policy status update and other things.

Features of SBI Term insurance

  • It helps to keep the dependents financially secured after the unfortunate death of the policyholder during the policy tenure. 
  • Just like other term insurance policies, the SBI term insurance plan only offers Death Benefit. In simple words, this means the nominee will receive the pre-decided sum assured immediately after the death of the policyholder.
  • The SBI term insurance plan provides maturity for a maximum of 70 years. 
  • SBI term insurance plan offers various riders which you can add to your basic plan to maximize your coverage. The additional riders are available at affordable rates which will help you provide higher coverage as compared to your simple pan.

Benefits of Buying SBI Term Insurance Plan

  • Financial Protection- SBI term insurance plan can help you ensure solid financial protection to your family against the uncertainty of life. 
  • Term Plan Options- You can opt from various term insurance plans as per your needs and requirement. 
  • Rewards- SBI under the term insurance plans follows a rewards system to provide extra benefits to those who follow a healthy lifestyle. 
  • Premiums - SBI provides flexibility to policyholders for the payment of premiums.  
  • Pay-outs- SBI term insurance plans come with an option to provide either monthly pay-outs or lump-sum pay out to the nominee. 
  • Tax Benefits- The policyholder can avail the benefit of tax on the sum assured under Section 80C and 10(10D).
  • Rebates- If you buy an SBI term insurance plan with a large sum assured, you get eligible to receive fair discounts on the premium payables.

Final Word

SBI is one of the most popular insurance providers in India. The company lists several insurance products for the customers which individuals can choose as per their requirements and life goals. SBI Term insurance has gone digital just like other insurance companies to provide a hassle-free experience to their customers.  

Different types of Plans


Premium By Age

Term insurance articles

Recent Articles
Popular Articles
ABSLI  - Aditya Birla Sun Life Insurance Salaried Term Plan

06 Nov 2023

The Aditya Birla Sun Life Insurance (ABSLI) Salaried Term Plan
Read more
Term Insurance – A Long-Term Protection Plan for Your Children

03 Nov 2023

In this fast-paced and ever-evolving world, keeping your kids
Read more
Tata AIA Saral Jeevan Bima

05 Oct 2023

Tata AIA Saral Jeevan Bima is a pure risk cover plan that
Read more
Bajaj Allianz Term Insurance for NRI

03 Oct 2023

Today, many Indians live abroad, away from their family or loved
Read more
PNB MetLife Saral Jeevan Bima Review

07 Sep 2023

“I have opted for Term insurance plan of PNB MetLife. This is
Read more
What Are The Medical Tests Done For Term Insurance
Term insurance offers a sum assured to the beneficiary of the policyholder upon their death that can help them
Read more
Best Term Insurance Companies in India 2023
Buying term insurance is a great way to protect your loved ones financially in the unfortunate event of your
Read more
Term Insurance for Women in India
Term insurance for women is a type of life insurance specifically designed for fulfilling women’s needs and
Read more
LIC Term Insurance 1 Crore
LIC of India offers various plans to help you secure the financial future of your loved ones. In order to make
Read more
What Kind Of Deaths Are Not Covered In A Term Insurance Plan
A term insurance plan is the best way to ensure the financial well-being of your family members in case of any
Read more

top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL