SBI Life Insurance Credit Guard Plan

SBI Life - Credit Guard is a Non Participating Group Term Insurance Plan. It is a simple and easy solution to cover the cardholders of a bank/other Financing entity, through a Group Master Policy

Key Features*:

Excellent protection with customised solution for cardholders
Twin protection against death and permanent disability provides comprehensive risk cover to cardholders
Helps the cardholder safeGuard assets acquired through borrowing
Flexibility to choose Sum Assured, benefits, premium payment modes etc.
Attractive premium rates make this plan irresistible
Simple and convenient Plan, with hassle free and efficient claims settlement
*Subject to terms and conditions. Certain features may differ for different Master Policies.

Exclusions:

Death due to suicide within one year from cover start date
No accident benefit shall be payable at any point of time if a claim arises out of suicide/attempted suicide

This article was updated on November 26, 2023