State Bank Of India RS 100 Insurance

In rupees 100 can I get insurance plan offer by State Bank Of India if yes can you please provide some information?

[shikha]

Yes you can get a low cost group term assurance plan easily which is offer by State Bank Of India in just 100 rupees and here I will get details of plan.

Here telling you details of post

For Single Premium mode:
The Sum Assured is equal to 30 times the single premium (net of service tax):

If Single Premium for one member is Rs. 500/-*, the Sum Assured will be: 30* Rs. 500 = Rs. 15,000 /-

In case of death when the cover is in force:
Sum Assured payable is Rs. 15,000/-, subject to exclusions

For Regular Premium mode:
The Sum Assured is equal to 150 times the yearly premium (net of service tax):
If Regular Premium for one member is Rs. 100/-*, the Sum Assured will be: 150* Rs. 100/- = Rs. 15,000 /-

In case of death when the cover is in force:
Sum Assured payable is Rs. 15,000/-, subject to exclusions

Other types of Group plans
SBI Life - Pradhan Mantri Jeevan Jyoti Bima Yojana
A non-linked, non-participating, one year renewable group term insurance product.

SBI Life - Sampoorn Suraksha
A Yearly Renewable Group Term Insurance Plan

SBI Life - Suraksha Plus
A Group Term Insurance Plan

Address:-
SBI Life Insurance Co. Ltd
Natraj, M.V. Road & Western Express Highway Junction, Andheri (East), Mumbai - 400 069

Phone:-
1800 22 9090