SBI Smart Shield Term Insurance provides high coverage at low premium rates. The premium prices of this policy are determined based on certain factors such as age, income etc. To evaluate the estimated premium rate of the plan, the buyers can make use of SBI Smart Shield Term Insurance Premium Calculator.Read more
SBI Smart Shield Term Insurance is an individual, non-participating, non-linked pure risk protection plan that meets all your insurance requirements. The plan is specially designed for those who want financial security at low premium costs so that your loved ones stay protected, even when you are not around.
Below are some of the key features of SBI Smart Shield Term Insurance Plan:
2 plan options- Level term insurance and increasing term assurance, are available that gives you complete freedom from liabilities
Discounts on Large sum assured amounts
Plan rewards you for maintaining a good lifestyle
Customization option is also available by selecting from a number of additional benefits such as Accidental total and permanent disability benefit rider, Accidental death benefit rider.
In case of death of the policyholder, effective sum assured amount as on the date of death will be paid to the nominees/beneficiary
Get Tax benefits as per the prevailing laws of the Income Tax Act, 1961.
SBI Smart Shield Term Insurance Premium Calculator is an easy to use and freely accessible online tool that helps compute the premium amount that a buyer is required to pay for the chosen insurance coverage and plan benefits. A term calculator takes different factors into consideration such as age, income, health conditions, number of dependents, and marital status to offer you the right estimate on the premium amount that rightly fits your requirements and life objectives.
SBI Smart Shield Term Insurance Premium Calculator is comparatively hassle-free and easy to understand. One can simply determine the premium payable during the policy term within a couple of clicks. Customers can make an online premium payment on the official website of SBI and buy the plan from the comfort of their houses by using the SBI Smart Shield Term Insurance Premium Calculator.
Following are the steps to use the SBI Smart Shield Term Insurance Premium Calculator:
Visit the official website of SBI Life
Then, on the home page, click on the individual plan present under the product option
Click on the SBI Smart Shield Term Insurance plan
You will be redirected to the new page where you can get all the information related to plan
Click on the tab to calculate the premium amount
Once the premium calculator opens, enter the required details such as the desired sum assured, policy term, premium paying term date of birth, gender, smoking habits, etc.
After submitting all the correct details, click on calculate the premium
The estimated premium of the plan will be displayed on the screen
SBI Smart Shield Term Insurance Premium Calculator offers the following number of benefits:
With SBI Smart Shield Term Insurance Premium Calculator, customers can save a lot of time. A customer can buy an SBI Smart Shield term insurance plan in a few clicks by checking the plan features and benefits. It eliminates the need to visit the bank branch or stand in long lines.
The customer can use the SBI Smart Shield Term Insurance Premium Calculator free of cost on the company’s website. It offers a hassle-free experience to the customer. Also, you can avail of the highest possible term cover amount that suits your requirements.
Customers can compare features and benefits of the SBI Smart Shield term insurance plan with other term plans at one go.
SBI Smart Shield Term Insurance Premium Calculator gives you an estimate of the term cover amount that helps cover your family’s financial requirements and liabilities and the premium payable under the SBI term plan. The selection of coverage depends on various parameters such as existing liabilities, annual income, number of dependents, marital status, and several other parameters.
The calculator offers accurate and prompt results, which is unlikely when it is done manually
Once the buyer gets an idea of the premium amount that is expected to pay regularly, he/she can plan their budget accordingly.
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