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1 Which are the products offered by SBI bank?
2. Which are the products offered by SBI life insurance?
3. Which is the most popular product of SBI life insurance and why?
4. Which is the benefits of Bancassurance to SBI bank and SBI life insurance?
5. What are the strategies followed by SBI bank to market products of SBI life
insurance?
6. Which are the innovative products introduced by SBI life insurance to combat
the competition in the market?
7. Which are the other methods of marketing used by SBI life insurance?
8. How much is the share of SBI life insurance in the life insurance market?
9. What are the techniques used by SBI life insurance to overcome the
complaints of customers?
10. How is the claim settlement procedure of SBI life insurance and what is the
role of SBI bank in that?
2014 News
Most Trusted Private Life Insurance Brand 2011, 2012 and 2013 by The Economic Times,
Brand Equity and Nielsen Survey
Most Admired Life Insurance Company and The Best Life Insurance Company in the
Private sector by the BFSI 2014
Best Life Insurance Company Award by Asia Banking, Financial Services & Insurance
Excellence 2014
Non-Urban Coverage - Life Insurance by the Indian Insurance Awards, 2014 for its wide presence
and market penetration
Platinum Award for Excellence in Life Insurance by Skoch Financial Inclusion and Deepening
Awards2014
Golden Peacock National Training Award, 2014 by Golden Peacock Awards Secretariat Institute of
Directors
06thAugust 2015
2015 News
term
Pays a maturity amount on survival of one or both the lives assured at the end of the policy term
Tax benefits as per prevailing norms under the Income Tax Act, 1961
Mumbai, August 06, 2015: SBI Life Insurance, the trusted life insurer, has launched a new product,
"SBI Life - Smart Humsafar", a unique plan which offers multiple benefits of savings and insurance
cover for husband and wife under a single policy. The plan complements the couples efforts to
achieve prosperity along with protection to fulfill their dream of leading a better life.
On the launch of this product, Mr. Arijit Basu, MD and CEO, SBI Life Insurance said, "Today,
with skyrocketing lifestyle costs, couples are finding it difficult to invest and save for their future. We,
at SBI Life, would like to partner with couples in order to help them attain their ambitions.
Accordingly, we have introduced this unique joint life insurance product that provides insurance
cover for the spouses. With this plan, couples will not only insure their lives but also safeguard and
secure their future and well being of their dependents."
"SBI Life - Smart Humsafar" provides financial protection to husband and wife under a single policy.
In case of death of one of the spouses, a payment of sum assured is made to the surviving spouse,
in addition to waiver of future premiums. In the event of death of surviving spouse during the
reminder of the policy term, the nominee gets the sum assured plus all the accrued bonuses. The
basic sum assured with all accrued bonuses will be paid upon survival of any or both lives on
maturity.
Additionally, customers can also avail loan against the policy in times of need. It also gives
customers the tax benefits as per prevailing norms under the Income Tax Act, 1961. The minimum
and maximum entry age for this plan is 18 and 46 years respectively.
01stSeptember 2015
2015 News
2013 News
Trigger Fund option, a unique fund option with the advantage of Buying Low and Selling
High
Smart Funds option which gives one the option to choose from 7 varied funds