SBI Life - Criti Care 13 Non-Linked Rider can be attached to base policies offered by SBI Life Insurance. This rider can be attached at the time of policy inception. Under this plan, you can get the following benefits:
Listed below are the eligibility factors you must meet to purchase SBI Life - Criti Care 13 Non-Linked Rider:
|Entry age||18 to 55 years|
|Maturity age||Up to 64 years|
The premium amount, Policy Term, PPT, and Sum Assured for SBI Life - Criti Care 13 Non-Linked Rider are as follows:
|Plan type||Single Premium or Regular Premium Plan type depends on the base policy|
|Sum Assured||Minimum Rs.25,000 to maximum Rs.20 lakhs|
|Premium Payment Term (PPT)||Same as base plan|
|Policy Term||Lower of 64 years minus entry age or renewable every 5 years during base cover term|
|Premium Payment Mode||Single, yearly, half-yearly, quarterly or monthly|
Monthly premium payment mode is available only through standing instructions of a debit or credit card account and Electronic Clearing System. For monthly Salary Saving Scheme, 2 months' premiums have to be paid in advance. Renewal premium payment has to be made through salary deduction. Premiums for various payment modes is as follows:
|Monthly||8.9% of annual premium|
|Quarterly||26.5% of annual premium|
|Half-yearly||52% of annual premium|
Under SBI Life - Criti Care 13 Non-Linked Rider, you get the following benefits:
SBI Life - Criti Care 13 Non-Linked Rider doesn’t cover any of the 15 critical illnesses if it is caused directly or indirectly by the following events:
Listed below are the key features of SBI Life - Criti Care 13 Non-Linked Rider:
Under SBI Life - Criti Care 13 Non-Linked Rider, you can get tax benefits on premiums paid towards critical illness rider under Section 80D of the Income Tax Act, 1961.
There are several other benefits of purchasing group insurance plans from SBI Life Insurance such as:
Following are the reasons why you should buy SBI Life - Criti Care 13 Non-Linked Rider from SBI Life Insurance:
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