Key facts
What the official sources publish
Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.
Sum assured₹10 lakh to ₹60 lakh in ₹5 lakh choices, subject to board-approved underwritingView source
The official brochure lists all eleven sum-assured choices and states that the maximum remains subject to underwriting.
- Source
- Life eShield Insta product brochure, 111N141V02
- Page / section
- Page 13 — Who can avail this Plan?
- Accessed
- 24 Aug 2026
- Confidence
- high
InsurerSBI Life Insurance Company LimitedView source
Life's official catalogue lists these individual and group products under Life Insurance Company Limited.
- Source
- Life online plans and group insurance catalogue
- Page / section
- Life plan catalogue
- Accessed
- 23 Aug 2026
- Confidence
- high
Digital distributionAvailable through a digital buying/enrolment process; SBI surfaces the product through its YONO insurance journey.View source
Available through a digital buying/enrolment process; surfaces the product through its insurance journey.
- Source
- Life - eShield Insta
- Page / section
- Product brochure and insurance disclosure
- Accessed
- 21 Aug 2026
- Confidence
- high
Policy typeIndividual, non-linked, non-participating life insurance pure-risk/savings product with return of premium; UIN 111N141V02.View source
Individual, non-linked, non-participating life insurance pure-risk/savings product with return of premium; 111N141V02.
- Source
- Life - eShield Insta
- Page / section
- Policy preamble and product highlights
- Accessed
- 21 Aug 2026
- Confidence
- high
Plan optionsPlan A: Pure Term Insurance. Plan B: Term Insurance with Return of Premium. The chosen option cannot be changed during the policy term.View source
Plan A: Pure Term Insurance. Plan B: Term Insurance with Return of Premium. The chosen option cannot be changed during the policy term.
- Source
- Life - eShield Insta
- Page / section
- Product highlights
- Accessed
- 21 Aug 2026
- Confidence
- high
Life-cover durationFixed life cover is provided throughout the policy term while the policy remains in force.View source
Fixed life cover is provided throughout the policy term while the policy remains in force.
- Source
- Life - eShield Insta
- Page / section
- Product highlights
- Accessed
- 21 Aug 2026
- Confidence
- high
Entry ageMinimum 18 years and maximum 50 years; age is measured on the last birthday.View source
Minimum 18 years and maximum 50 years; age is measured on the last birthday.
- Source
- Life - eShield Insta
- Page / section
- Plan details
- Accessed
- 21 Aug 2026
- Confidence
- high
Maximum age at maturity60 years.View source
60 years.
- Source
- Life - eShield Insta
- Page / section
- Plan details
- Accessed
- 21 Aug 2026
- Confidence
- high
Sum-assured choices₹10 lakh, ₹15 lakh, ₹20 lakh, ₹25 lakh, ₹30 lakh, ₹35 lakh, ₹40 lakh, ₹45 lakh, ₹50 lakh, ₹55 lakh or ₹60 lakh; maximum remains subject to board-approved underwriting.View source
₹10 lakh, ₹15 lakh, ₹20 lakh, ₹25 lakh, ₹30 lakh, ₹35 lakh, ₹40 lakh, ₹45 lakh, ₹50 lakh, ₹55 lakh or ₹60 lakh; maximum remains subject to board-approved underwriting.
- Source
- Life - eShield Insta
- Page / section
- Plan details
- Accessed
- 21 Aug 2026
- Confidence
- high
Policy term10 years.View source
10 years.
- Source
- Life - eShield Insta
- Page / section
- Plan details
- Accessed
- 21 Aug 2026
- Confidence
- high
Premium-payment termRegular premiums are payable for the same 10-year period as the policy term.View source
Regular premiums are payable for the same 10-year period as the policy term.
- Source
- Life - eShield Insta
- Page / section
- Plan details
- Accessed
- 21 Aug 2026
- Confidence
- high
Premium frequencyYearly or monthly.View source
Yearly or monthly.
- Source
- Life - eShield Insta
- Page / section
- Plan details
- Accessed
- 21 Aug 2026
- Confidence
- high
Monthly premium loading8.50% of the yearly premium.View source
8.50% of the yearly premium.
- Source
- Life - eShield Insta
- Page / section
- Plan details
- Accessed
- 21 Aug 2026
- Confidence
- high
Minimum premium by plan and frequencyPure Term: ₹2,259 yearly or ₹192 monthly. Return of Premium: ₹10,735 yearly or ₹912 monthly. Amounts exclude underwriting extra premium.View source
Pure Term: ₹2,259 yearly or ₹192 monthly. Return of Premium: ₹10,735 yearly or ₹912 monthly. Amounts exclude underwriting extra premium.
- Source
- Life - eShield Insta
- Page / section
- Plan details
- Accessed
- 21 Aug 2026
- Confidence
- high
Maximum premium by plan and frequencyPure Term: ₹43,208 yearly or ₹3,673 monthly. Return of Premium: ₹1,83,233 yearly or ₹15,575 monthly. Amounts exclude underwriting extra premium.View source
Pure Term: ₹43,208 yearly or ₹3,673 monthly. Return of Premium: ₹1,83,233 yearly or ₹15,575 monthly. Amounts exclude underwriting extra premium.
- Source
- Life - eShield Insta
- Page / section
- Plan details
- Accessed
- 21 Aug 2026
- Confidence
- high
Death benefitFor an in-force policy, the lump-sum sum assured on death is the highest of the sum assured, 11 times annualized premium, or 105% of total base-product premiums paid up to death. Annualized premium excludes taxes, rider premiums, underwriting extras and modal loading.View source
For an in-force policy, the lump-sum sum assured on death is the highest of the sum assured, 11 times annualized premium, or 105% of total base-product premiums paid up to death. Annualized premium excludes taxes, rider premiums, underwriting extras and modal loading.
- Source
- Life - eShield Insta
- Page / section
- Policy benefits
- Accessed
- 21 Aug 2026
- Confidence
- high
Plan A maturity benefitNo maturity benefit is payable under Pure Term Insurance.View source
No maturity benefit is payable under Pure Term Insurance.
- Source
- Life - eShield Insta
- Page / section
- Policy benefits
- Accessed
- 21 Aug 2026
- Confidence
- high
Plan B maturity benefitIf the life assured survives to the end of the term and the policy is in force, 100% of total base-product premiums paid is payable as a lump sum; extra premiums and taxes are excluded from the definition.View source
If the life assured survives to the end of the term and the policy is in force, 100% of total base-product premiums paid is payable as a lump sum; extra premiums and taxes are excluded from the definition.
- Source
- Life - eShield Insta
- Page / section
- Policy benefits
- Accessed
- 21 Aug 2026
- Confidence
- high
Survival benefitThere is no separate survival benefit; Plan B's return of premium is the stated maturity benefit.View source
There is no separate survival benefit; Plan B's return of premium is the stated maturity benefit.
- Source
- Life - eShield Insta
- Page / section
- Policy benefits
- Accessed
- 21 Aug 2026
- Confidence
- high
Grace period30 days after the due date for yearly premiums and 15 days for monthly premiums; the policy remains in force during the grace period, with applicable unpaid/
30 days after the due date for yearly premiums and 15 days for monthly premiums; the policy remains in force during the grace period, with applicable unpaid/balance premiums deducted from a death claim.
- Source
- Life - eShield Insta
- Page / section
- Grace period
- Accessed
- 21 Aug 2026
- Confidence
- high
Lapse and paid-up rulesPlan A lapses after an unpaid premium passes the grace period and has no paid-up benefit. Plan B acquires paid-up status after at least one full policy-year premium is paid and subsequent premiums are missed beyond grace.View source
Plan A lapses after an unpaid premium passes the grace period and has no paid-up benefit. Plan B acquires paid-up status after at least one full policy-year premium is paid and subsequent premiums are missed beyond grace.
- Source
- Life - eShield Insta
- Page / section
- Lapse and non-forfeiture benefits
- Accessed
- 21 Aug 2026
- Confidence
- high
Plan B paid-up death amountPaid-up sum assured on death equals sum assured on death multiplied by the period for which premiums were paid divided by the maximum original premium-payment period.View source
Paid-up sum assured on death equals sum assured on death multiplied by the period for which premiums were paid divided by the maximum original premium-payment period.
- Source
- Life - eShield Insta
- Page / section
- Paid-up benefit
- Accessed
- 21 Aug 2026
- Confidence
- high
Plan B paid-up maturity amountPaid-up sum assured on maturity equals the 100% total originally payable base premiums multiplied by the period for which premiums were paid divided by the maximum original premium-payment period.View source
Paid-up sum assured on maturity equals the 100% total originally payable base premiums multiplied by the period for which premiums were paid divided by the maximum original premium-payment period.
- Source
- Life - eShield Insta
- Page / section
- Paid-up benefit
- Accessed
- 21 Aug 2026
- Confidence
- high
Surrender rulesPlan A has no surrender facility. Plan B may be surrendered after one full policy-year premium; the higher of guaranteed surrender value and special surrender value is payable. Guaranteed surrender value requires two consecutive policy-year premiums; special surrender value is reviewed annually and is not guaranteed.View source
Plan A has no surrender facility. Plan B may be surrendered after one full policy-year premium; the higher of guaranteed surrender value and special surrender value is payable. Guaranteed surrender value requires two consecutive policy-year premiums; special surrender value is reviewed annually and is not guaranteed.
- Source
- Life - eShield Insta
- Page / section
- Surrender value
- Accessed
- 21 Aug 2026
- Confidence
- high
Plan B guaranteed surrender factorsPolicy-year factors: year 1 0%; year 2 30%; year 3 35%; years 4–7 50%; year 8 70%; years 9–10 90%.View source
Policy-year factors: year 1 0%; year 2 30%; year 3 35%; years 4–7 50%; year 8 70%; years 9–10 90%.
- Source
- Life - eShield Insta
- Page / section
- Surrender value
- Accessed
- 21 Aug 2026
- Confidence
- high
RevivalA lapsed or paid-up policy may be revived within 5 consecutive complete years from the first unpaid premium and before maturity, subject to a revival request, good-health/
A lapsed or paid-up policy may be revived within 5 consecutive complete years from the first unpaid premium and before maturity, subject to a revival request, good-health/underwriting requirements, overdue premiums and interest. Revival is not effective until accepted in writing.
- Source
- Life - eShield Insta
- Page / section
- Revival
- Accessed
- 21 Aug 2026
- Confidence
- high
Revival interestThe current company method is 200 basis points above the 10-year Government Security benchmark on 1 April, compounded half-yearly and rounded to the nearest 25 basis points; the booklet states 8.50% p.a. compounded half-yearly for FY 2025–26.View source
The current company method is 200 basis points above the 10-year Government Security benchmark on 1 April, compounded half-yearly and rounded to the nearest 25 basis points; the booklet states 8.50% p.a. compounded half-yearly for 2025–26.
- Source
- Life - eShield Insta
- Page / section
- Revival
- Accessed
- 21 Aug 2026
- Confidence
- high
Policy loanPlan A has no loan facility. Plan B may permit a loan during the term after the policy acquires surrender value; the loan cannot exceed 50% of surrender value.View source
Plan A has no loan facility. Plan B may permit a loan during the term after the policy acquires surrender value; the loan cannot exceed 50% of surrender value.
- Source
- Life - eShield Insta
- Page / section
- Policy loan
- Accessed
- 21 Aug 2026
- Confidence
- high
Policy-loan interestThe current method is 150 basis points above the 10-year benchmark Government Security yield on 1 April, compounded semi-annually and rounded to the nearest 25 basis points; the booklet states 8.00% p.a. for FY 2025–26.View source
The current method is 150 basis points above the 10-year benchmark Government Security yield on 1 April, compounded semi-annually and rounded to the nearest 25 basis points; the booklet states 8.00% p.a. for 2025–26.
- Source
- Life - eShield Insta
- Page / section
- Policy loan
- Accessed
- 21 Aug 2026
- Confidence
- high
Suicide exclusionIf suicide occurs within 12 months of risk commencement or revival, the death benefit is not payable; while the policy is in force, 80% of total premiums paid is payable, and after revival the higher of 80% of premiums paid or surrender value is payable, after which the policy ceases.View source
If suicide occurs within 12 months of risk commencement or revival, the death benefit is not payable; while the policy is in force, 80% of total premiums paid is payable, and after revival the higher of 80% of premiums paid or surrender value is payable, after which the policy ceases.
- Source
- Life - eShield Insta
- Page / section
- Suicide exclusion
- Accessed
- 21 Aug 2026
- Confidence
- high
Free-look periodThe policy may be cancelled within 30 days of receiving the policy document if no claim has been made; refund is after proportionate risk premium, stamp duty and medical-expense deductions.View source
The policy may be cancelled within 30 days of receiving the policy document if no claim has been made; refund is after proportionate risk premium, stamp duty and medical-expense deductions.
- Source
- Life - eShield Insta
- Page / section
- Free-look cancellation
- Accessed
- 21 Aug 2026
- Confidence
- high
Death-claim documentsPolicy document, original municipal/local death certificate, claimant statement and prescribed forms, hospital records where applicable, post-mortem/FIR where applicable and any further document SBI Life reasonably requires.View source
Policy document, original municipal/local death certificate, claimant statement and prescribed forms, hospital records where applicable, post-mortem/ where applicable and any further document Life reasonably requires.
- Source
- Life - eShield Insta
- Page / section
- Death claims
- Accessed
- 21 Aug 2026
- Confidence
- high
Surrender documentsPolicy document, KYC photo ID/address proof, bank statement or cancelled cheque and discharge form.View source
Policy document, photo /address proof, bank statement or cancelled cheque and discharge form.
- Source
- Life - eShield Insta
- Page / section
- Surrender claims
- Accessed
- 21 Aug 2026
- Confidence
- high
Service and grievance contact24x7 helpline 1800 267 9090, email wecare@sbilife.co.in; unresolved matters may be escalated to the grievance officer and Insurance Ombudsman under the stated rules.View source
24x7 helpline 1800 267 9090, email wecare@sbilife.co.in; unresolved matters may be escalated to the grievance officer and Insurance Ombudsman under the stated rules.
- Source
- Life - eShield Insta
- Page / section
- Policy servicing and grievance redressal
- Accessed
- 21 Aug 2026
- Confidence
- high
Published premium rangeYearly ₹2,259–₹43,208 for Pure Term or ₹10,735–₹1,83,233 with Return of Premium; monthly ₹192–₹3,673 or ₹912–₹15,575 respectively, excluding underwriting extra. Monthly premium is 8.50% of yearly premium.Effective 22 Sept 2025View source
The brochure publishes the full plan-level premium bounds and age/sum-assured illustrations; individual pricing still depends on underwriting.
- Source
- Life eShield Insta product brochure, 111N141V02
- Page / section
- Pages 12–13 — Sample Premium Amounts and plan eligibility table
- Accessed
- 24 Aug 2026
- Confidence
- high
Death and maturity benefitsFixed life cover for 10 years. Death benefit is the highest of the chosen sum assured, 11 times annualised premium or 105% of premiums paid to death. Pure Term has no maturity benefit; Return of Premium pays 100% of base-product premiums paid on survival to maturity, excluding underwriting extra and taxes.View source
The official brochure defines the death-benefit floor and distinguishes the two plan options at maturity.
- Source
- Life eShield Insta product brochure, 111N141V02
- Page / section
- Pages 2–3 — Product highlights, death and maturity benefits
- Accessed
- 24 Aug 2026
- Confidence
- high
Suicide exclusionDeath by suicide within 12 months from policy commencement or revival is subject to the policy's limited refund rule rather than the normal death benefit.View source
The official brochure sets a 12-month suicide-exclusion window and the corresponding limited benefit.
- Source
- Life eShield Insta product brochure, 111N141V02
- Page / section
- Exclusions — Suicide exclusion
- Accessed
- 21 Aug 2026
- Confidence
- high
Waiting periodNo general illness waiting period is published for this term plan. A 12-month suicide exclusion applies from risk commencement or revival; the policy document specifies the limited refund treatment during that period.View source
The reviewed policy document contains the suicide clause but does not prescribe a general illness waiting period. The 12-month period is therefore recorded as an exclusion period, not as a health waiting period.
- Source
- Life eShield Insta policy document, 111N141V02
- Page / section
- Customer Information Sheet and suicide exclusion clause
- Accessed
- 29 Aug 2026
- Confidence
- high
Geographic limitsFixed life cover for 10 years. Death benefit is the highest of the chosen sum assured, 11 times annualised premium or 105% of premiums paid to death. Pure Term has no maturity benefit; Return of Premium pays 100% of base-product premiums paid on survival to maturity, excluding underwriting extra and taxes.View source
The manually reviewed product record states: “Fixed life cover for 10 years. Death benefit is the highest of the chosen sum assured, 11 times annualised premium or 105% of premiums paid to death. Pure Term has no maturity benefit; Return of Premium pays 100% of base-product premiums paid on survival to maturity, excluding underwriting extra and taxes.”.
- Source
- Life e-Shield Insta Term Insurance — official product page
- Page / section
- Published product metadata
- Accessed
- 21 Aug 2026
- Confidence
- high
Benefits and features
- Choice of Plan A pure term insurance or Plan B term insurance with return of premium
- Fixed life cover throughout the 10-year policy term
- 100% of total base-product premiums returned at maturity under Plan B when the policy remains in force
- Digital enrolment and regular premium payment
- Tax benefits subject to prevailing income-tax law
Eligibility
- Entry age 18–50 years; maximum age at maturity 60 years
- Published sum-assured choices range from ₹10 lakh to ₹60 lakh, subject to board-approved underwriting
- Policy term and regular premium-payment term are 10 years
- Premium frequency is yearly or monthly; monthly payment has 8.50% loading on yearly premium
- Plan option selected at inception cannot be changed during the policy term
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Policy document
- Original municipal or local death certificate
- Claimant statement and prescribed forms
- Hospital records, where applicable
- Post-mortem or documents, where applicable
- Any further document Life reasonably requires
- For surrender: photo or address proof, bank statement or cancelled cheque and discharge form
Related official documents
SBI Life eShield Insta product brochure, UIN 111N141V02official-product-brochure · current · accessed 21 Aug 2026
↗SBI Life eShield Insta policy document, UIN 111N141V02official-policy-document · current · accessed 21 Aug 2026
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