Group Non-Linked, Non-Participating, Pure Risk Premium, One Year Renewable Life Insurance Product
Have you ensured that your employees/members are adequately protected?
SBI Life - Sampoorn Suraksha is a Group Non-Linked, Non-Participating, Pure Risk Premium, One Year Renewable Life Insurance Product, available for different formal and informal groups. It provides a comprehensive insurance benefit package that can be customized as per your needs.
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
Simplicity – through an easy on-boarding process
Choose to provide life insurance protection to members at competitive rates.
Benefit of life insurance cover for formal and informal groups
Define benefits based on the needs of your group members
Wide range of riders and other optional benefits available
Simple enrollment process
Advantages
Security
Insurance benefits to the group members' dependents in case of an eventuality
Flexibility
Can be used to cover wider range of groups like employer-employee, borrower-depositor, professionals, affinity, etc.
Choice to decide sum assured for members as per master policyholder’s preference
Seven riders available for accelerated or additional coverage for accidental death, permanent disability or critical illness
Additional customization through convertibility, spouse coverage, death benefit settlement, and terminal illness benefit
Simplicity
Enroll your members through a simple application form
Avail tax benefits*
Death benefit:
Sum assured will be payable as defined by the scheme rules
Rider benefit: Refer to the rider brochure for more information
Tax Benefits*:
Income Tax benefits/exemptions are as per the applicable income tax laws in India, which are subject to change from time to time. Please consult your tax advisor for details.
For more risk factors, terms and conditions of the SBI Life - Sampoorn Suraksha, read the following documents carefully.
For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.
For more details on riders, terms and conditions, please read rider brochure.
For more risk factors, terms and conditions of the SBI Life - Sampoorn Suraksha, read the following documents carefully.
*Tax Benefit:
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time. You may visit our website for further details Please consult your tax advisor for details.