SBI is offering instant life cover of up to Rs. 40 lakh to its customers. Under SBI Life – Sampoorn Surakasha, the customers can avail the life cover through SBI YONO app in no time. SBI said that one can apply for this life cover in a few steps. The scheme provides death benefit as sum assured will be payable as defined by the scheme rules.
SBI Life – Sampoorn Suraksha is a group, non-linked, non-participating, pure risk premium life insurance product. It is available for different formal and informal groups. This SBI life cover can be used to cover wider range of groups like borrower-depositor, employer-employee, professionals, affinity, etc.
This plan offers security through financial support to your group members’ dependents in case of an eventuality, flexibility to define the benefits as per the group’s requirements, and simplicity through an easy on-boarding process.
