This policy cover a variety of loans such as car loans, housing loans, education Loans, agricultural loans and personal loans. State Bank of India (SBI), the largest state-owned banking and financial services company in India.SBI owns 70 per cent of the total capital.Other investors are Axis Bank Asset Management Co. Ltd, Premji Invest & Warburg Pincus Group.. SBI Life Insuance Group PlansPremiums as low as Rs.17/day for sum assured of Rs.1 crore*Claim up to Rs. It came into existence with a joint venture between the State Bank of India and Insurance Australia Group (IAG). All rights reserved. The plan offers multiple options of determining Sum Assured like flat cover, times of salary or CTC, outstanding loan, bank deposit size etc. Please note that these phishing (fake) e-mails and vishing (fake) calls are threat to your financial security. This means that it doesn’t offer any maturity benefit in addition to death benefits or Sum Assured.
A total of up to 3 loan applicants can be insured under this plan.This group insurance provides insurance to people funded by Micro Financial Institutions/NGO’s or who get loan from Banks/Financial Institutions through Self Help Groups. We have also come across some instances where there were some unsolicited calls made in the name of SBI LIFE INSURANCE CO LTD and misleading e-mails have been sent by some vested interests in the name of SBI Life Insurance Company Ltd using misleading domains.
This policy is only available to employer – employees groups. SBI General health insurance policy offers the minimum and maximum Sum Insured of Rs. The group also operates SBI Graduate School, a business school, and a children's charity foundation. Group plans can be further divided into Retirement Plans, Protection Plans, Loan Protection Plans and Micro Insurance Plans.This is a unit-linked plan that aims to provide retirement benefits to the employees in a group larger than 10 members. The policy also comes with a comprehensive list of riders - the most any SBI Life scheme offers.This is a non-linked group term insurance, non-participating in nature. The content on this website is meant only for general information purpose and does not and shall not be construed as any solicitation, procurement, display, aggregation, marketing or advertisement of insurance products. per member. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.BBazaar Marketing and Advisory Services Private Limited, Registered Office - Module No 601, 6th Floor, TICEL Bio Park Phase-II, No 5, CSIR Road, Taramani, Chennai, Tamil Nadu, India - 600113.© Copyright 2020 bankbazaarinsurance.com. This is a flexible product with wide range of premium cost and Sum Assured and Premium Payment options.