SBI Life Sampoorn Suraksha Riders

• Reduce taxable income by up to Rs. 1,50,000 deduction under section 80C**
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Riders / Add-On Plans – Additional Coverage Under The SBI Life Sampoorn Suraksha Plan

Under the SBI Life Sampoorn Suraksha plan, life assured policy members can choose from a number of add-on riders that are available to enhance the protection provided by this plan, not only to the employees but also their dependents. The riders offered with this plan include the following.

• The Critical Illness rider is available in an ‘Accelerated’ or ‘Additional’ format.
• If rider is under the additional format, if the life assured survives for a period of 30 days after suffering a critical illness, an amount equal to the rider Sum Assured is payable while the full Basic Sum Assured will be paid after they have passed away.
• If rider is under the accelerated format, the Critical Illness Sum Assured shall be payable when the covered critical illness is contracted or on early death. The remainder of Life Cover Sum Assured (if any) will be paid following death.
• The ‘Core’ version of the rider will cover major illnesses/conditions/treatments like cancer, heart attack, stroke, Coronary Artery Bypass Surgery (CABG), kidney failure and major organ transplant.
• The ‘Extended’ versions of the rider will cover, in addition to the conditions mentioned in the previous point, Major Burns Paralysis, Aorta Surgery and Heart Valve Surgery.
• The Critical Illness Benefit will not be payable if the life assured is diagnosed with any listed illness within 90 days from the date of policy commencement or from the date of entry of the insured policy