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What is Saral Jeevan Bima Yojna

Check Benefits, key Features, Eligibility of PayBima - Saral Jeevan Bima Plan & Know How to Buy Saral Jeevan Bima scheme Offline and Online.<br>https://www.paybima.com/term-insurance/saral-jeevan-bima

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What is Saral Jeevan Bima Yojna

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  1.   What is Saral Jeevan Bima Yojna      The Insurance Regulatory and Development Authority of India requires that all insurance companies offer a standard individual term life insurance policy by January 2021. Saral Jeevan Bima Yojana was born on this day. Saral Jeevan Bima is a standardised, pure term insurance policy that protects your loved ones financially. It is a term plan with basic and consistent characteristics that provides life insurance protection in the event   of a premature death.   Let’s look into the detailed benefits of Saral Bima Yojana –   ●   Coverage after a short waiting period ●   Lump sum death benefit ●   Flexible premium payment options ●   Attractive premium discounts ●   The choice of optional riders ●   Eligibility of Saral Jeevan Bima             https://www.paybima.com/term-insurance/saral-jeevan-bima  

  2.     Check out the eligibility criteria of Saral Jeevan Bima Yojana   1.Age at entry:- Minimum- 18 years, Maximum- 65 years 2. Age at maturity:- Minimum- 23 years, Maximum- 70 years 3. Policy term:- Minimum- 23 years, Maximum- 70 years    4. Premium payment term:-   Single premium Regular premium- As same as term of the policy Limited premium- 5 years onwards depending on the insurer      5. Sum assured:- Minimum- 5 lakh (in multiples of INR 50,000) Maximum- 25,00,000 onwards depending on the insurer   6. Premium payment mode:-  Monthly, quarterly, half-yearly and yearly   Visit PayBima Insurance to learn more about the Saral Jeevan Bima Plan and how to buy Saral Jeevan Bima plan Offline and Online, advantages, essential features, eligibility,   and more.                        https://www.paybima.com/term-insurance/saral-jeevan-bima  

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