SBI Life - Sampoorn Suraksha is a Group, non-linked, non-participating, pure risk premium life insurance product, available for different formal and informal groups.
SBI LIFE - SAMPOORN SURAKSHA
"A yearly renewable group term insurance plan."
1. Comprehensive insurance coverage
2. High degree of flexibility
3. Wide range of riders
Group, non-linked, non-participating, pure risk premium 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 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 -
1. Security - through financial support to your group members' dependents in case of an eventuality
2. Flexibility - to define the benefits as per the group's requirements
3. Simplicity - through an easy on-boarding process
Choose to provide life insurance protection to members at competitive rates.
HIGHLIGHTS
1. Group Term Insurance
2. SBI Life - Sampoorn Suraksha
3. Employer-Employee
4. Non Employer-Employee
Features & Advantages
Features
1. Benefit of life insurance cover for formal and informal groups
2. Define benefits based on the needs of your group members
3. Wide range of riders and other optional benefits available
4. Simple enrollment process
Advantages
Security
1. Insurance benefits to the group members' dependents in case of an eventuality
Flexibility
1. Can be used to cover wider range of groups like employer-employee, borrower-depositor, professionals, affinity, etc.
2. Choice to decide sum assured for members as per master policyholder's preference
3. Eight riders available for accelerated or additional coverage for accidental death, sickness, permanent disability or critical illness
4. Additional customization through convertibility, spouse coverage, death benefit settlement, and terminal illness benefit
Simplicity
1. Enroll your members through a simple application form
Avail tax benefits*
Plan 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.
Who can buy
Covered
Can be used to cover wider range of groups like employer-employee, borrower-depositor, professionals, affinity, etc.