Monday, October 7, 2019

SBI Life Insurance Sampoorn Suraksha Plan

SBI Life Insurance Sampoorn Suraksha Plan is a yearly renewable group term insurance plan offering excellent protection at affordable rates. This plan is available for different formal and informal groups such as Employer-Employee groups, Borrower / Depositor Groups, Professional / Affinity Groups etc.


Key Features: 


Provides financial support to the family members / dependents in unfortunate event of death of the group member

Flexibility to define Sum Assured as per the group’s requirement , such as:
Flat cover
Graded cover
Multiple of salary or Cost to company
Outstanding loan / Liability amount / Size of bank deposit
As per any other scheme rules

Flexible options:

Spouse cover benefit
Death benefit settlement
Terminal illness benefit

Range of riders available for comprehensive coverage:

SBI Life – Group Rider -Accidental Death – 111B007V01
SBI Life – Group Rider – Accidental Partial Permanent Disability – 111B006V01
SBI Life – Group Rider – Accidental Total Permanent Disability –    111B009V01
SBI Life – Group Rider – Accident and Sickness Total Permanent   Disability –  111B013V01
SBI Life – Group Rider – Accelerated- Extended Critical Illness – 111B008V01
SBI Life -Group Rider – Additional – Extended Critical Illness – 111B010V01
SBI Life – Group Rider – Accelerated – Core Critical Illness – 111B011V01
SBI Life – Group Rider – Additional – Core Critical Illness – 111B012V01

The above information is a brief summary of SBI Life – Sampoorn Suraksha, a Non Participating Group Term Insurance Plan.

Important docs for this plan:

Brochure for EE Group
Brochure for NEE Group
Generic Benefit Illustration

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4.5 out of 5 stars Reviewer:adminFebruary 05, 2021