SBI Life Insurance has introduced ‘Connect Life’, a tablet-based service to digitize the entire documentation process with the aim to go paperless.
It has a built-in analysis calculator that offers a customs products to choose from, with the facility of paying premiums and uploading necessary documents from the tablet. Not only this the distribution partners from all of SBI Life’s sales channels can sell insurance products through this facility.
The product brochures and videos help them make an informed choice with recommendations from the need analysis report and expert distribution partners.
The customer can fill in the proposed form, upload his/her documents, instantly pay the premium and be assured of making an informed and right decision, it added.
Around 80,000 insurance agents from 750 SBI Life offices and a network of 20,000 SBI Group branches along with its five associated banks will be deploying this technology.
