IndiaBanks.org · independent research

Insurance

SUD Life Saral Jeevan Bima

A standard non-linked, non-participating individual pure-risk term plan distributed by Bank of India and underwritten by SUD Life.

Policy typeNon-linked, non-participating individual pure-risk premium life insurance plan (standard term insurance).InsurerStar Union Dai-ichi Life Insurance Company (SUD Life); Bank of India acts as IRDAI-registered corporate agent and does not underwrite the risk.Policy term5 to 40 years; for 5-pay and 10-pay options, minimum policy terms are 6 and 11 years respectively.
Official product page ↗Compare category

Quick eligibility check

SUD Life Saral Jeevan Bima

0 of 2 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your age meet this requirement: No numeric entry-age rule is published on the reviewed Bank of India product page?

Published source: Entry age

2Does your age meet this requirement: confirm age eligibility with SUD Life before applying?

Published source: Entry age
0 of 2 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of India

India; subject to SUD Life underwriting and policy terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Policy typeNon-linked, non-participating individual pure-risk premium life insurance plan (standard term insurance).View source
The page describes a standard individual pure-risk plan and lists lump-sum death benefit, flexible premium-payment terms and tax benefits.
Source
SUD Life Saral Jeevan Bima
Page / section
Overview / Benefits
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
InsurerStar Union Dai-ichi Life Insurance Company (SUD Life); Bank of India acts as IRDAI-registered corporate agent and does not underwrite the risk.View source
The disclaimer states that BOI is corporate agent CA0035 and the contract is between SUD Life and the insured.
Source
SUD Life Saral Jeevan Bima
Page / section
Disclaimer
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Policy term5 to 40 years; for 5-pay and 10-pay options, minimum policy terms are 6 and 11 years respectively.View source
The Policy Term tab publishes 5–40 years and the special minimum terms for 5-pay and 10-pay.
Source
SUD Life Saral Jeevan Bima
Page / section
Policy term
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Sum insured / coverMinimum ₹5 lakh and maximum ₹25 lakh.View source
The Sum Assured tab publishes minimum ₹5 lakh and maximum ₹25 lakh.
Source
SUD Life Saral Jeevan Bima
Page / section
Sum assured
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
PremiumThe reviewed BOI page does not publish a universal premium amount; premium depends on the selected pay mode, term, cover and underwriting.View source
The page publishes term and sum-assured ranges but no premium table or quote.
Source
SUD Life Saral Jeevan Bima
Page / section
Benefits / Policy term / Sum assured
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
BenefitsLump-sum amount on death; choice of single pay, regular pay, 5-pay or 10-pay; tax benefits subject to prevailing law.View source
The official Benefits tab lists the death benefit, four payment choices and tax benefits.
Source
SUD Life Saral Jeevan Bima
Page / section
Benefits
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
ExclusionsA complete exclusions schedule is not printed on the reviewed BOI page; the sales brochure and policy wording must be checked before purchase.View source
The disclaimer directs customers to the sales brochure for risk factors, terms and exclusions.
Source
SUD Life Saral Jeevan Bima
Page / section
Disclaimer
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Entry ageNo numeric entry-age rule is published on the reviewed Bank of India product page; confirm age eligibility with SUD Life before applying.View source
The catalogue and reviewed product pages publish product benefits, terms and cover ranges but do not state a universal entry-age threshold for these four products.
Source
Bank of India individual SUD Life insurance catalogue
Page / section
Individual product catalogue and linked product pages
Accessed
30 Aug 2026
Confidence
high
Open official source ↗
Waiting periodNo numeric waiting-period rule is published on the reviewed Bank of India product page; any plan-specific exclusions or waiting conditions are in the SUD Life sales brochure and policy wording.View source
The reviewed catalogue and linked pages direct customers to the sales brochure for risk factors, terms and exclusions and do not print a waiting-period number.
Source
Bank of India individual SUD Life insurance catalogue
Page / section
Catalogue, Benefits and Disclaimer
Accessed
30 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Lump-sum death benefit
  • ₹5 lakh–₹25 lakh sum assured
  • Single, regular, 5-pay and 10-pay choices

Eligibility

  • Subject to SUD Life underwriting and the policy application requirements.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Application, identity/address and underwriting documents as requested by SUD Life

Related official documents

Individual insurance catalogue — Bank of Indiaofficial-product-page · current · accessed 30 Aug 2026
↗
SUD Life Saral Jeevan Bima — official BOI pageofficial-product-page · current · accessed 30 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Life-cover needs estimate

See whether your current cover and savings may leave a gap for your family. This does not calculate an insurance premium.

Possible cover gap₹1,15,00,000one crore fifteen lakh rupees
Income your family may need₹1,00,00,000one crore rupees
Cover and savings already counted₹5,00,000five lakh rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Policy term · Published detail5–40 years; 5-pay minimum 6 years; 10-pay minimum 11 years

This value is copied from SUD Life Saral Jeevan Bima — published terms. Check the table notes before relying on it.

Source: SUD Life Saral Jeevan Bima · Benefits / Policy term / Sum assured Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 2 columnsSUD Life Saral Jeevan Bima — published termsView tableHide table

Scroll sideways to view every column

SUD Life Saral Jeevan Bima — published terms
ParameterPublished detail
Policy term5–40 years; 5-pay minimum 6 years; 10-pay minimum 11 years
Sum assured₹5 lakh minimum to ₹25 lakh maximum
Payment choicesSingle pay, regular pay, 5 pay or 10 pay
PremiumNot published on reviewed BOI page
SUD Life Saral Jeevan Bima · Benefits / Policy term / Sum assured · accessed 30 Aug 2026Open official source ↗

More from Bank of India

Related products

Generali Central FG Dog Health Cover

A Generali Central pet-health policy for dogs aged 6 months to 10 years, with surgery and hospitalisation cover, emergency pet minding and doctor-on-call assistance.

View product

Generali Central Domestic Travel

A Generali Central domestic travel policy with cashless network-hospital claims, reimbursement, flexible plan choice, quick settlement and instant issuance.

View product

Health Absolute

A Generali Central health policy with Classic, Platinum and Signature plans, individual/non-floater/family-floater options and plan-specific maternity, , restoration and overseas-treatment benefits.

View product

Health Total

A Generali Central health policy with individual or family-floater sum-insured options, hospitalisation and day-care cover, and plan-specific maternity, and overseas-treatment benefits.

View product