Saral Jeevan Bima

• This is a non-linked, non-participating, pure risk term insurance plan.
• This plan is specifically designed to offer pure risk coverage to individuals with lower income.
• You have the flexibility to choose from different premium payment terms:
• Regular Payment: Terms ranging from 5 years to 40-year tenure.
• Limited Payment: Options of 5 and 10 Years.
• Single Premium: Lump sum payment.
• This plan provides coverage to individuals without any restrictions. No educational checks or occupation proofs are required.
• Premiums paid for this term plan are eligible for income tax benefits under section 80C, up to Rs 1.5 Lakhs per financial year.
• It is an ideal plan for those seeking coverage of up to Rs. 25 lakhs.
• There are no maturity or survival benefits associated with this plan.
• Loan facility is not available with this plan.