If you’ve been thinking about getting a life insurance policy but have been on the fence, you can look at the Saral Jeevan Bima plan. This new, low-cost plan was designed with people in mind. It offers peace of mind and financial security to your family if you die unexpectedly.
The plan can be customized to your needs. You can choose from a variety of term options, Riders, and other features. This plan is also beneficial for women, offering special premium rates. Moreover, it gives you tax benefits on benefits and premiums. Whether you’re looking to protect your spouse or protect your children’s future, the Saral Jeevan Bima plan is a smart way to go.
The Saral Jeevan Bima plan is available for anyone 18 years old and older. You can choose to pay your premiums on a monthly basis, or pay them in lump sums at certain intervals. Depending on your needs, you can choose between a five or ten-year policy. The minimum coverage amount is Rs 5 lakh, and the maximum cover is Rs 25 lakh.
The cost of the Saral Jeevan Bima plan depends on the amount of risk it covers. Premiums range from Rs6,464 per year for a standard term plan to Rs18704 for a 25-lakh policy. Premiums also depend on your age, gender, and location.