Tuesday, March 10, 2015

Why do We need Life Insurance?

Everyone being in this World desires for Financial Security and Protection to Family. Today we are in better position, but can you guarantee the same tomorrow. No one does. As we grow day by day, our responsibilities, health problems increases in size. What we are looking for is Money and Peace of Mind, which you can only expect with good Savings.

 To overcome your griefs in old age, here comes the antidote SBI Life Insurance, a No.2 Life Insurer Company in India with authorized capital of around 6000 Crores by 2014. it is a joint venture between State Bank of India (74%) and BNP Paribas Cardiff (26%).

 Over total of 24 IRDA approved Life Insurance Companies , SBI Life Insurance Company ranks Second in position.

Advantages of SBI Life Insurance = Guaranteed Investment Returns (10% Min) + Life Coverage + Security + Tax Benefit + Protection + Pension scheme

If you are interest to know about the birth of IRDA and Indian Insurance Companies, then click the Link: History of Life Insurance Companies in India .

A) Why SBI Life Insurance only ?
  • Most trusted insurer with guaranteed returns;
  • SBI Bond Fund and Smart Income Protect Fund [in case of ULIPS] assures 10-12 % interests at the time of Maturity or Surrender period;
  • Child Savings Plan [Smart Scholar] only available in SBI Life;
  • 10 to 15 times of Sum assured (or) Life insurance Coverage on the premium paid;
  • % partial withdrawal amount in case of Emergency after 5 Years of Policy term.
Yours'
S.Koundinya
   (Insurance Advisor)
09533791525
Hyderabad.

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