SBI Life Insurance Policies New Plan 2016 Child Money Back

SBI Life Insurance Policies New Plan

SBI Life Insurance Plans 2016 latest scheme yojana for child wife family news Smart Power money back 1 crore pension in SBI Life Insurance Policies New Plan 2016 Investment Plan Private insurer SBI Life Insurance on Thursday launched ‘Smart Power Insurance’ plan, which is designed to care for investor’s twin needs of insurance and investment.

SBI Life Insurance Policies Statement 2015 2016 Smart Power Insurance plan is a simple, low premium product that takes care of the changing needs of the policy holder as his income increases while giving him flexibility of SBI Life Insurance Policies Statement 2017 periodic increase in sum assured and partial withdrawal,” SBI Life Managing Director and CEO Atanu Sen said in a release issued here.

This plan, which will be available to customers from October 7, comes with two options — level cover option and increasing cover option.

Smart Power has two SBI Life Insurance fund options — Trigger Fund option with the advantage of buying low and selling high and Smart Funds option that has the option to choose from seven funds.

The SBI Life Insurance policy 2016 term options are 10, 15 or 30 years and the minimum premium payable works out to
The product is open for the age group of 18 to 45 years with the maximum age of maturity being 65 years.

SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif, the insurance arm of BNP Paribas.