Financial Daily from THE HINDU group of publications
Saturday, Feb 07, 2004
Financial Daily from THE HINDU group of publications Saturday, Feb 07, 2004 |
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Money & Banking
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Life Insurance Marketing - New Products & Services SBI Life launches Sanjeevan Supreme Our Bureau
Mumbai , Feb 6 SBI Life Insurance has launched Sanjeevan Supreme, a product that combines the benefits of limited premium payment option with money back. Sanjeevan Supreme allows the policyholder to pay premium for a limited period of 6 or10 years and get guaranteed money back in equal instalments at regular intervals, according to a press release. In addition, bonus will be paid in the last survival benefit. The policyholder remains fully covered for the entire policy term, the release said. The policy benefits include life insurance at the full sum assured value throughout the term of the plan, despite getting periodical money back payments, limited premium payment period, and guaranteed money back in equal instalments.
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