SBI Life Sudarshan:

SBI Life - Sudarshan is a two fold plan which helps you to accumulate savings for a rainy day as well as it provides you and your family with financial security and insures you against death. 

By taking this policy, even after your death, your family's financial obligations will be taken care of by the policy.

By buying SBI Life - Sudarshan Plan you have the advantage of,
You can buy riders to suit your convenience.  These riders provide extra benefits and you will have to pay an additional premium to enjoy them. 

The riders provided by this plan are the Critical Illness Rider, Term Assurance Rider and the Accidental Death and Total Permanent Disability Rider.

This policy has two plans and they are the fixed sum assured plan and increasing sum assured plan.  The fixed sum assured plan works in a way by paying your regular premiums for the fixed period that you have chosen. 

At the time of maturity you will receive a fixed amount as well as an added bonus.  If you happen to die before maturity of your policy, your nominee is eligible to receive the sum assured and any bonuses applicable till that date.

The increasing sum assured plan has the cost of living adjustment option and this secures you from the increasing cost of living that we experience nowadays. 

This plan permits you to increase your premium and correspondingly your sum assured also will increase.  By this happening, your family is also provided with life cover during that period.

In maturity if you have bought the fixed sum assured plan, you will receive basic sum assured along with the added bonuses. 

If you have opted for the increasing sum assured plan, you are eligible to receive the sum assured increased by five percent per annum along with the added bonuses.

If the life insured happens to die, according to the fixed sum assured plan, his nominee is eligible to receive the sum assured as well as the added bonuses applicable. 

If the life insured who dies has bought the increasing sum assured plan, his nominee will receive sum assured increased by five percent per annum as well as the added bonuses applicable.

SBI's Life Sudarshan is a plan that is designed not only to secure your life but also plans to secure the needs of your family members.