Secure your employees, members, and communities with an all-in-one group insurance solution.
SBI Life – Sampoorn Suraksha is a Group Non-Linked, Non-Participating, Pure Risk Premium, One-Year Renewable Life Insurance Plan, designed for both formal and informal groups.
It gives you the power to protect your people with a customizable life insurance package at highly competitive rates.
Why Choose SBI Life – Sampoorn Suraksha?
A trusted group insurance solution designed to offer Security, Flexibility, and Simplicity.
Key Highlights
- Group Term Insurance Plan
- Available for Employer–Employee Groups
- Available for Non Employer–Employee Groups
- Customizable Benefits at Affordable Premiums
- One-Year Renewable Pure Risk Cover
Plan Features
1. Comprehensive Life Insurance Protection
Ideal for organizations, associations, businesses, cooperatives, and various informal groups.
Provides financial protection to members’ families in case of an unfortunate event.
2. Fully Customizable Benefits
Choose coverage based on your group’s requirements:
- Define the sum assured
- Decide benefit structure for every eligible member
- Add optional riders for enhanced coverage
3. Wide Range of Riders
Enhance your group insurance with seven powerful riders, offering accelerated or additional protection for:
- Accidental Death
- Permanent Disability
- Critical Illness
- Terminal Illness
- Spousal Coverage
…and more.
4. Hassle-Free Enrollment
A smooth onboarding process with simple application forms and quick activation.
Advantages of SBI Life – Sampoorn Suraksha
Security
Provides financial support to the dependents of insured members in case of death.
Flexibility
- Covers various types of groups:
Employer–Employee, Borrower–Depositor, Professionals, Affinity Groups, Societies, Cooperatives, Associations, etc. - Master policyholder can define the coverage amount
- Option to include partner/spouse
- Additional customizations such as:
- Convertibility options
- Death benefit settlement choices
- Terminal illness protection
Simplicity
- Easy application process
- Quick enrollment
- Straightforward documentation
- Tax benefits available as per prevailing laws*
Benefits at a Glance
Death Benefit
Sum assured payable as per the scheme rules to the nominee.
Rider Benefits
Extra coverage through riders for accidental death, disability, and critical illness
(Refer rider brochure for complete details.)
Tax Benefits*
Premiums and payouts may qualify for tax benefits/exemptions under applicable income tax laws in India.
Who Should Choose This Plan?
This plan is best suited for:
- Corporates and SMEs
- Startups
- Educational institutions
- Banks & Microfinance Institutions
- Housing/Loan Providers
- Societies & Cooperatives
- Professional Groups
- Welfare Associations
- NGOs and Informal Groups
Any organization that wants to offer financial security to its members can benefit from this plan.
Why Group Life Insurance Matters?
- Builds trust and loyalty within your team
- Enhances employee/member welfare
- Provides affordable high-value coverage
- Ensures financial security in critical times
- Strengthens your organization’s credibility
Who can buy?
Disclaimer: This page provides general information about SBI Life – Sampoorn Suraksha, a Group Non-Linked, Non-Participating, One-Year Renewable Term Insurance Plan. For complete details on benefits, rider options, risk factors, terms, and conditions, please read the official Sales Brochure, Policy Documents, and Rider Brochures carefully before purchasing. Tax benefits are subject to prevailing income tax laws and may change from time to time. Please consult your tax advisor for personalized guidance.