Need Help? Call 1800-123-4003
(9:00 AM to 9:00 PM)
Yes, Life insurance premium payments are tax-deductible in India. The amount paid towards purchasing a life insurance policy and the premium paid towards it is tax-deductible as per section 80C of the Income Tax Act 1961...Read More
Know the calculated Term Insurance Premium from our PolicyBachat, compare quotes with different companies and get low premiums.
Paying your SBI Life Insurance premium online is a simple and secure process. All you need to do is follow the step by step process of paying SBI life insurance premiums online:
Term insurance provides you tax benefits under Section 80 C of the Income Tax Act 1961
If you stop paying the life insurance premium, your life insurance policy will lapse and the life insurance coverage will cease to exist under the policy. The life insurance policy will lapse after a grace period of 30 days provided by the insurance company to the customer to make renewal payments to continue the life insurance policy. The lapsed life insurance policies can be reinstated by the insurance company upon the request of the customer subject to terms and conditions
Lapsed life insurance policy can be replaced at any time within 5 years from the date of the first unpaid premium.
Compare Life, Health, Car and Two wheeler Insurance rates from top Insurance companies for free.
By submitting this form you authorize PolicyBachat or it's affiliates to contact you and override NDNC registry.
We note that you had left your transaction unfinished the last time you checked
in with PolicyBachat. Would you like to continue with the same quotes or look for
a new insurance policy?