SBI Life Insurance Group Criti9 Plan

SBI Life Insurance Group Criti9 Plan is a traditional non participating Group Health Plan. This plan provides protection against 9 critical illnesses where Sum Assured is paid in lump sum on diagnosis of any one of covered critical illnesses. So provides you money at time when you need it most.


Key Features:



Simultaneous safety and protection against 9 Critical Illnesses
Simplified joining process
Guaranteed renewability till 65 years of age
Tax benefit under section 80D of IT Act#, 1961
# Applicable when premiums are paid by the insured members. Subject to change in the tax laws. Please consult your tax advisor for details.


Critical Illnesses covered:



Heart Attack (Myocardial Infarction)
Coronary Artery Bypass Surgery
Kidney Failure (End Stage Renal Disease)
Major Organ Transplant
Multiple Sclerosis
Heart Valve Surgery
Please refer to the schedule of critical illnesses for further details





This plan is offered to different groups like employee-employer relationship, credit life groups, customers of bank / financial institutions, depositors groups etc. SBI Life will issue a Group Master Policy to the Group Master Policyholder based on details contained in the proposal form. Group Members may be enrolled either on a voluntary or compulsory participation basis as decided by master policyholder.
Group Size:
Minimum 50 members
Entry from minimum age of 18 yrs till the maximum age of 55 yrs.
Sum Assured:
Sum assured can be selected in the following ways:
Uniform for all members
As a multiples of salary
As grade wise cover
Minimum sum assured is Rs. 25,000/- and maximum sum assured is Rs. 500,000/-.




Sum Assured is payable in one lump sum on diagnosis of any one of covered critical illness provided:

Survival for a period of 30 days after the date of diagnosis
Submission of necessary documents
Waiting Period:The insured member can avail the benefits after 90 days of the date of commencement or date of revival
Other Policy Details:
Nomination is compulsory
Level Premiums payable annually in advance for the cover term.
Cover Term: Minimum of 2 yrs and maximum of 5 yrs
Cover can be renewed till 65 yrs of age subject to max cover term of 5 yrs and premium rates / age are reviewed at the time of renewal.
Grace period of 30 days on annual renewal date
Revival facility is available within 6 months from the first unpaid premium due date


Schedule of critical illness


Exclusions under the policy


Benefit Illustration for Compulsory Group


Benefit Illustration for Voluntary Group

Also Read :   SBI Life Insurance Smart Health Insurance Plan

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