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SBI Life eShield : SBI Life eShield is a non-linked online insurance plan which provides higher returns on premiums. It’s designed basically to safeguard your family in your absence and secure them financially. The plan does not offer survival benefits at the time of maturity. Without involving paperwork and agent meeting, you can apply for the plan with just a click. Features of SBI Life eShield: Cover options under the eShield plan • Level Cover • Level Cover with Accidental Benefit • Increasing Cover • Increasing Cover with Accidental Benefit Maximum age at entry • 65 years for both Level Cover and Level Cover with Accidental Death Benefit • 60 years for Increasing Cover and Increasing Cover with Accidental Death Benefit Minimum age at entry 18 years Minimum sum assured Rs.20,00,000 Maximum sum assured No limit (subject to underwriting) Minimum policy term • 5 years (For Level Cover & Level Cover with Accident Benefit) • 10 years (For Incre...

Best Insurance Cover For Your Home Loan:   A home is a place where dreams are built, memories are treasured and relationships are reinforced. Buying and owning a dream home is an aspiration all of us have and it is one of the most important financial decisions you will need to make. Most Indians who decide to buy a home opt for a  Home Loan . A Home Loan is one of the longest debts in your life, which requires a long-term commitment. You owe money to the lender and this increases your risk profile. A Home Loan  insurance plan  mitigates this risk. Why You Need Home Loan Insurance Your Home Loan needs to be paid off to the lender in the form of Equated Monthly Instalments (EMI) over the tenure of the loan. This liability needs to be repaid to the lender, irrespective of whether you are alive or not. In case of your untimely death during the term of the loan, your family members will need to repay the loan. Home Loan insurance ensures that the insuranc...