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.
Note: Know more about what is term insurance first before reading this article.
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.
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 term insurance 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.
Note: You can easily calculate the term plan premium by using the term insurance calculator online tool.
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.
Note: Check all the best term insurance plan in India.