eShield
SBI Life's online term plan, with a choice between cover that stays flat and cover that grows through the policy term. Cover starts at ₹35 lakh and moves in steps of ₹1 lakh, so you can size it to what you actually need rather than to a round number.
The things that decide it
eShield in one table
| Insurer | SBI Life Insurance Company Limited |
|---|---|
| Sum insured | From ₹35 lakh, moving in multiples of ₹1 lakh. The upper limit is set by underwriting. |
Claim settlement and complaint figures are IRDAI-published and held centrally by NYVO, not taken from the insurer's marketing.
What eShield does, and what it does not
Term insurance is a narrow product, so the useful question is not how this plan scores against a benchmark - it is what it pays for and what it leaves out. Both lists come from SBI Life's own documents.
- Two cover shapes - level cover, or cover that increases through the term
- Sum assured moves in steps of ₹1 lakh, so cover can be sized precisely
- Level cover runs to age 80
- Bought online
- Maturity benefit - nothing is paid if you survive the term
Which variant should you take?
This plan is sold in more than one form, and the choice is made once at purchase. Picking the wrong one is not something you can quietly correct later, so it is worth a minute now.
Level Cover
Most buyersThe sum assured stays flat for the whole term and the policy can run to age 80.
Increasing Cover
The sum assured rises through the policy term so cover keeps pace with costs. Costs more from the start.
What this plan will not pay for
Every policy carries exclusions, and they are the clauses people read for the first time at claim stage. These are the ones worth knowing before you buy.
Not covered
Indicative, not exhaustive. Your policy wording is the contract.
- Suicide within 12 months of policy commencement or revival - the payout is limited to a return of premiums, per the standard clause. Read the policy wording for the exact percentage.
Where eShield falls short
No plan is right for everyone, and a page that only lists strengths is not much use to you. These are the gaps we would raise on a call before recommending it.
Worth knowing before you buy
None of these are dealbreakers on their own. They are the trade-offs this plan asks you to accept.
- Cover starts at ₹35 lakh, so this is not the plan if you want a smaller amount - LIC's New Jeevan Amar starts at ₹25 lakh.
- Increasing cover costs more from day one and only pays off if you hold the policy long enough for the step-ups to matter.
- SBI's own website does not expose the brochure to a normal search - the documents sit on a separate corporate subdomain, which makes independent checking harder than it should be.
- No maturity benefit. Survive the term and nothing comes back.
Read it from the insurer
We summarise. The policy wording is the contract, and it is the only document that settles a dispute. These links go to the insurer's own pages.
Is eShield the right plan for you?
A salaried, IRDAI-certified NYVO advisor will look at what you already have, tell you where this plan fits and where it does not. Free, and with no obligation to buy.
Book a free call →NYVO is an IRDAI Registered Corporate Agent (Composite), licence number CA1085. This page is general information about a product, not personal insurance advice. Plan terms are summarised from the insurer's documents – the policy wording governs.
