SBI Life Insurance Swadhan Group Plan
Swadhan (Group) is a Non Participating Group Term Insurance Plan with Return of Premium. It is a simple and easy solution which offers dual benefits of life cover protection in the event of death and refund of premium in case of survival up to the end of the cover term. | |||
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• | Eminently affordable premium rates | ||
• | Complete protection during cover term | ||
• | Refund of part/full basic premiums paid, depending on the Term of insurance Cover | ||
• | Choice with regard to Term of Insurance Cover and Sum Assured | ||
• | Flexibility to choose appropriate premium payment modes | ||
• | Simple and convenient joining process | ||
• | Hassle free and efficient claims settlement | ||
Revival facility is made available within 2 years from the first unpaid premium due date. | |||
*Certain features may differ for different Master Policies. | |||
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• | Death due to natural causes within the first 45 days from cover start date | ||
• | Death due to suicide within one year from cover start date |
You may download the official brochure of this plan from here.