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SBI Life logoTerm insurance review · 2026

SBI Life 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.

Read from SBI Life Insurance Company Limited's own policy wording and prospectus. Last checked against those documents on . The wording you are issued is the contract.

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01The detail

eShield in one table

Claim settlement ratio
99%FY 2024–25
95% recommended
Complaints per 10,000
5.59policies
Under 10 recommended
InsurerSBI Life Insurance Company Limited
Sum insuredFrom ₹35 lakh, moving in multiples of ₹1 lakh. The upper limit is set by underwriting.
Entry ageFrom 18 years
Cover runs toUp to 80 years under level cover

Claim settlement and complaint figures are IRDAI-published and held centrally by NYVO, not taken from the insurer's marketing.

02Cover

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.

What this plan does
01Two cover shapes level cover, or cover that increases through the term
02Sum assured moves in steps of ₹1 lakh, so cover can be sized precisely
03Level cover runs to age 80
04Bought online
What it does not do
01Maturity benefit nothing is paid if you survive the term
03Variants

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 CoverMost buyers

The 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.

04Exclusions

eShield exclusions: what the 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 coveredIndicative, not exhaustive. Your policy wording is the contract.
01Suicide 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.
05The honest bit

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 buyNone of these are dealbreakers on their own. They are the trade-offs this plan asks you to accept.
01Cover 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.
02Increasing cover costs more from day one and only pays off if you hold the policy long enough for the step-ups to matter.
03No maturity benefit. Survive the term and nothing comes back.
06FAQs

eShield questions, answered

How much cover does eShield offer?

From ₹35 lakh, moving in multiples of ₹1 lakh. The upper limit is set by underwriting.

Who can buy eShield?

Entry to eShield runs from 18 to 65 years. Cover can run to age 80, which is the maximum maturity age on this plan. What you are actually offered still depends on your income, health and any cover you already hold.

What does eShield not cover?

Like every term plan, eShield excludes 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. The policy wording you are issued is the contract.

07Source documents

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.

eShield brochure (PDF)Brochure
08Read next

Understand the terms before you commit

A plan page tells you what this policy does. These explain why each term matters and what it costs you when it is missing.

09Same insurer

Other SBI Life plans we have read

SBI Life files these separately, and the terms differ between them. If you are choosing within the range, compare the waiting periods and the exclusions rather than the sum insured.

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 →

Looking at SBI Life more broadly? Read our full SBI Life term insurance review for their claim record, complaint ratio and every plan we cover.

SBI Life eShield Review 2026: Cover & Claim Record | NYVO