by paybima
Saral Jeevan Bima is a standardized, pure term insurance policy, which provides financial security to your loved ones. It is a term plan with simple and uniform features which allows life insurance protection in the case of premature death.
Coverage after a short waiting period
Lump sum death benefit
Flexible premium payment options
Attractive premium discounts
The choice of optional riders
Minimum- 18 years Maximum- 65 years
Minimum- 23 years Maximum- 70 years
Minimum- 23 years Maximum- 70 years
Single premium Regular premium- As same as term of the policy Limited premium- 5 years onwards depending on the insurer
Minimum- 5 lakh (in multiples of INR 50,000) Maximum- 25,00,000 onwards depending on the insurer
Monthly, quarterly, half-yearly and yearly
Death due to Accidents
Death due to Illness
Death due to Injuries
Suicides within a year
Hazardous acts
Substance abuse
Criminal acts
Breach of good faith
Policy Lapse
Fraud claims
Who should buy Saral Jeevan Bima?
How to buy Saral Jeevan Bima?
Documents needed for buying Saral Jeevan Bima