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SBI Life Poorna Suraksha - A Plan for Your Family’s Well-Being

Updated on January 29, 2023 , 7370 views

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.

SBI Life Poorna Suraksha

So, the real question is, how to secure health? health insurance is the answer! Health insurance is what you need to secure your health along with your family’s to enjoy brighter days together.

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

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 -

1. Life Cover

In case of death of the insured, effective life cover sum assured will be paid under this plan.

2. Benefit of Critical Illness

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.

3. Premium Waiver Benefit

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.

4. Premium Payment

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.

5. Pre-Existing Disease

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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6. Nomination

Under this plan, the nomination is allowed as per Section 39 of the Insurance Act 1938.

7. Sum Assured Discounts

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%

8. Income Tax Benefit

You can avail income tax benefits as mentioned in the Income Tax Act, 1961.

SBI Life Critical Illness List

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:

  • Cancer of Specified Severity
  • Myocardial Infarction
  • Open Heart Replacement or Repair of Heart Valves
  • Kidney Failure Requiring Regular Dialysis
  • Major Organ / Bone Marrow Transplant
  • Coronary Artery Bypass Graft
  • Multiple Sclerosis
  • Stroke
  • Coma
  • Permanent Paralysis of Limbs
  • Motor Neuron Disease
  • Benign Brain Tumour
  • Blindness
  • Deafness
  • Lung Failure
  • Liver Failure
  • Speech Loss
  • Limb Loss
  • Major Head Trauma
  • Primary Pulmonary Hypertension
  • Third Degree Burns
  • Alzheimer’s Disease
  • Aplastic Anaemia
  • Modulatory Cystic Kidney Disease
  • Parkinson’s Disease
  • Systemic Lupus Erythematosus (SLE) with Lupus Nephritis
  • Apallic Syndrome
  • Major Surgery of Aorta
  • Brain Surgery
  • Fulminant Viral Hepatitis
  • Cardiomyopathy
  • Muscular Dystrophy
  • Poliomyelitis
  • Pneumonectomy
  • Severe Rheumatoid Arthritis
  • Progressive Scleroderma

Eligibility Criteria

The eligibility criteria for the Poorna Suraksha Plan is mentioned below.

Details Description
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

SBI Life Insurance Customer Care

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


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.

All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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