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To The Manager-Groups SBI Life Insurance Co. Ltd. Central Processing Centre Kapas Bhavan Plot No.3A Sector No.10 CBD Belapur Navi Mumbai -400614 Date Dear Sir Reg - Surrender of Group Swadhan / Shakthi / Master Policy Holder Member ID. COI Number on the life of I member of the above mentioned Group Policy Issued by SBI Life wish to preclose my Life Cover Option and request you to settle the eligible surrender value. I understand that upo.

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The cancellation process can be done either online or offline. "The cancellation and refund can be applied for either online or offline. In the online process, a policyholder can send an email to the customer care id given by the insurance company and the request will taken up from there.

Visit your nearest SBI Life Insurance Branch. Look for the Policy Surrender Form. Duly fill the form along with the documents listed.... The Original Policy documents. Canceled Cheque with the policyholder's name. Copy of Passbook. Bank Statement. Copy of Pan Card. Copy of Aadhaar Card. Copy of Passport. Driving License.

Visit your nearest SBI Life Insurance Branch. Look for the Policy Surrender Form. Duly fill the form along with the documents listed.... The Original Policy documents. Canceled Cheque with the policyholder's name. Copy of Passbook. Bank Statement. Copy of Pan Card. Copy of Aadhaar Card. Copy of Passport. Driving License.

The surrender value of SBI Life insurance policy is calculated as a Single premium multiplied by 75% of the outstanding term to maturity/ total term.

SBI Life Group Swadhan is a Non Participating Group Term Insurance Plan with Return of Premium feature.

This term plan pays sum assured to the nominee in case of untimely death of the life assured. It refunds a part of premiums paid if policyholder outlives the policy term. Survival benefit depends on the policy term. If policy term is 5 years, survival benefit would be 50 per cent of basic premiums.

Your request for cancellation of the policy under the free look option must reach our SBI Life Office within a period of 15 days or 30 days, as the case may be, as mentioned above.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232