SBI Life Insurance Premium Receipt Pdf – This is considered to be one of the fastest growing private life insurance companies in India. SBI life offers some fantastic life insurance covers such as term life plans and endowment insurance plans. All the plans can be bought online in a safe, quick and affordable manner.
When you buy a life insurance online it is important to download this document and keep a copy with yourself. The information below shows why this is a vital task.
The SBI Life Insurance Premium Receipt download process
Before we talk about the importance and significance of the SBI life insurance premium receipt download process, let us see how it can be done:
1.Log on to the SBI Life Insurance portal, either on your desktop or any mobile device. You can access the insurer’s app or website for this purpose.
2. Enter your policy number as well as your date of birth.
3. Navigate over to the digital copy and check for errors.
4. Get the errors rectified, if any.
5. Save and print a copy of the SBI Life Insurance Premium Receipt.
The process is actually this simple and barely takes a few seconds to complete.
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Benefits of SBI Life Insurance Premium Receipt Download
Now let us look at the benefits of downloading the receipt:
Helps you to file your taxes properly as a tax rebate is available for the life insurance premium paid. You need to show the receipt to prove you have paid the premium and get the tax benefit thereafter.
Helps you to prove that the premium is paid and the life insurance cover is valid. This is another very important benefit of having a copy of the receipt with you.
Helps your family to make a life insurance claim after you die. Unless this document is present, the nominee cannot prove the cover is active and get the claim quickly and easily.
These are the benefits of downloading the SBI Life Insurance Premium Receipt.
Downloading the SBI Life Insurance Premium Receipt is a free and quick process. You can get it done with a couple of clicks, you can decide to download it in several document format such as pdf, docx just to name a few.
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