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Decrease in Premium

SBI Life Insurance      Change Insurer
        • 1Visit the nearest Branch and kindly carry the following documents:
        • 2Once the changes are done, the insurer will provide a confirmation for the same
          • 3All documents should be self attested and submitted at

            Submit at Nearest Branch

            BRANCH-1
            Pincode or city does not exist.
            The above addresses are suggested on the basis of pincode you have provided

            Important Things to Remember

            • The reduction in premium will reduce the Sum Assured as per the regulatory limits.
            • Reducing the Sum Assured will change the future benefits in the policy.
            • For assigned policies, assignee's signature is required.
            • Request needs to be submitted 15 days prior to the due date.
            • Reduction in premium is not allowed in Paid Up status.
            • Miminum premium cannot be less than the minimum premium allowed in the plan.
            • Policy servicing charges may be levied as applicable. Please refer to your policy document for details.
            • This feature is product specific and subject to underwriting.

            Need OneInsure Help?

            If the mentioned steps above do not solve your query, fill the form below. Our expert will be happy to provide all necessary details about how to decrease your premium rates.
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