SBI Life Insurance launches two new Term Plans with Return of Premiums; aims to provide comprehensive life protection along with fulfilling financial commitments bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra) [India], January 24: SBI Life Insurance, one of most trusted private life insurers in the country, recently launched two products- 'SBI Life - Saral Swadhan Supreme' and 'SBI Life - Smart Swadhan Supreme', that not only provides a life cover but also benefit of return of premiums at maturity, to fulfil customer's financial objectives. The new products are designed to empower customers by catering to the growing awareness of the essential link between insurance and financial well-being. These plans offer a lumpsum benefit on the policyholder's demise during the policy term and also pays back the total premiums paid in case the life assured survives the policy term. Business News | SBI Life Insurance Launches Two New Term Plans with Return of Premiums; Aims to Provide Comprehensive Life Protection Along with Fulfilling Financial Commitments.
Life Insurance Corporation of India (LIC) had earlier introduced Jeevan Kiran, a Non-Linked, Non-Participating, Individual, Savings, Life Insurance plan.