SBI Life – Smart Income Protect is a savings plan with added advantage of life cover and regular cash inflow at the time you need. It is a participating traditional plan where you continue to pay your regular premiums over a period of 5, 10 or 15 years. Thereafter your payout period starts, where you get guaranteed regular annual payouts over a period of 15 years, meeting your various financial obligations.Read more
AEGON Religare Life Insurance (ARLI) today launched a term plan – Save Guard Insurance Plan – that provides life cover and at the end of the policy term, returns the entire premium paid.
“Our research showed that there are customers who are wary of buying a product where there is only a death benefit. Hence, we have launched this plan that gives back 100 per cent of the premium paid at the end of the policy term,” company’s Chief Marketing Officer and Head (Talent) Yateesh Srivastava said. Read more