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SBI Life launches insurance plan for women
SBI Life launches insurance plan for women
Mar 09, 2016 | 354 VIEWS
State-owned life insurer SBI Life Insurance launched ‘SBI Life – Smart Women Advantage’ plan to mark the international women’s day. Smart Women Advantage is a participating endowment plan which provides life cover, female-specific critical illness benefits and savings benefits. The basic sum assured opted under the plan can be in the range of Rs 200,000 and Rs 20,00,000.

Benefits: The plan provides for maturity, death benefit, women-specific critical illness cover, premium waiver, additional pregnancy complication & congenital Anomalies (APC&CA) cover and tax benefits.

Variants: The plan comes in two variants: Gold plan and platinum plan. Gold plan offers life cover, savings and cover against female specific critical illnesses. Discounts on premium rates are offered for opting for higher sum assured. 

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