A very popular proverb says that ‘Health is Wealth’. Oftentimes, one might wonder why is health compared to wealth. Well, after careful consideration you might understand that it is health that helps to earn wealth. Where there’s no health, there’s financial struggles and Bankruptcy.
To help you secure health the right way, State Bank of India (SBI) Life Poorna Suraksha Plan is all in. It is one of the best health insurance plan in India today. SBI is known for affordability and transparency as an insurer. What more do you need? Check out the details below.
SBI Life Poorna Suraksha is an Individual, Non-linked, Non-Participating, Life Insurance Pure Risk premium Product with In-Built Critical Illness Cover. Mentioned below are the key features of this plan -
In case of death of the insured, effective life cover sum assured will be paid under this plan.
With the SBI Life Poorna Suraksha Plan, an effective critical illness sum assured will be paid after the diagnosis of critical illness covered under this plan. The benefit will be paid once. Please note that the critical illness benefit will be paid only after the survival of 14 days from the date of first diagnosis.
After the claim under Critical illness is accepted by the insurer, all the future premiums for the policy will be waived for the rest of the policy term, from the date of diagnosis of a medical condition. Other benefits will continue throughout the policy term.
The premium you pay will remain constant with SBI Critical illness insurance. It will be the same rate as at the time of commencement of the policy. This is irrespective of the increase in your age and increase in Critical Illness Coverage.
Under SBI Life Poorna Suraksha Plan, pre-existing disease means that which is diagnosed by a doctor within 48 months prior to the effective date of the policy issued by the company.
The pre-existing disease also means any medical advice or treatment that was recommended by or received from a doctor within 48 months to the effective date of the policy or its revival.
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Under this plan, the nomination is allowed as per Section 39 of the Insurance Act 1938.
You will get high sum assured discounts under this plan. It is mentioned below:
|Basic Sum Assured||Discounts on tabular premium per 1000 basic sum assured|
|Rs. 20 lakhs < SA <Rs. 50 Lakhs||NIL|
|Rs. 50 Lakhs < SA < Rs. 1 crore||10%|
|Rs. 1 Crore < SA < Rs. 2.5 Crore||15%|
Critical Illness is the signs and symptoms that appear more than 90 days following the issue date or revival date of SBI Life Poorna Suraksha Plan. Mentioned below is the list of 36 illnesses covered under the plan:
The eligibility criteria for the Poorna Suraksha Plan is mentioned below.
|Entry Age||Minimum- 18 Years|
|Age at Maturity||Minimum- 28 Years|
|Policy Term||10, 15, 20, 25, 30 Years|
|Premium Paying Term||Regular Premium|
|Premium Modes||Yearly, Half Yearly, Monthly|
|Premium Frequency Loading||Half Yearly- 51% of the annualised premium, Monthly- 8.50% of annualised premium|
|Premium Amounts Minimum||Yearly- Rs. 3000, Half-Yearly- Rs. 1500 and Monthly- Rs. 250|
|Premium Amount Maximum||Yearly- Rs. 9,32,000, Half-Yearly- Rs. 4,75,000 and Monthly- Rs. 80,000|
You can contact them on
1800 267 9090 between 9 am to 9 pm. You can also SMS ‘CELEBRATE’ to 56161 or mail them at firstname.lastname@example.org
Secure your family’s complete health with SBI Life Poorna Suraksha Plan. It is recommended for dealing with high-intensity health problems. Don’t forget to read all the policy-related documents carefully before applying.
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