Group Plans
SBI Life – Sampoorn Suraksha
Synopsis:
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This plan offers –
- Security – through financial support to your group members' dependents in case of an eventuality
- Flexibility – to define the benefits as per the group's requirements
- Simplicity – through an easy on-boarding process
Benefits:
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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.
Employer - Employee Groups
|
Minimum |
Maximum |
Age at Entry |
18 years |
79 years |
Age at Maturity |
--- |
80 years |
For Life Cover in Lieu of EDLI Scheme: as per ELIScheme Rules |
Group Size |
10 Members |
--- |
Sum Assured |
INR 1000 per member |
INR 500000000 per group member |
Employer - Employee Groups
|
Minimum |
Maximum |
Age at Entry |
16 years |
79 years |
Age at Maturity |
--- |
80 years |
Group Size |
10 Members |
--- |
Sum Assured |
INR 1000 per member |
INR 500000000 per group member |