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:
Convertibility
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

This article was updated on November 26, 2023