In the present era, everyone wants that the future of his family is secure. For this, people also take different measures. One of these solutions is term insurance plan. Through term insurance, you can…
In the present era, everyone wants that the future of his family is secure. For this, people also take different measures. One of these solutions is term insurance plan. With term insurance, you can secure your family’s future financially in your absence.
One such term insurance plan is SBI Life e-Shield Next. Launching the plan, Ravi Krishnamurthy, Chairman, SBI Life Insurance said that the plan is available with its three plan options to suit the evolving needs of the consumer.
What is special: This term plan is like a protective shield for the family in the absence of the insured. It strengthens the financial position of the family through proper and timely payment of the sum assured at the time of death. In this term plan, the sum assured is paid in full on the death of the life assured.
There is an option to increase the sum assured by 10% after every five years by increasing the cover benefit. This policy is neither linked to the stock market nor shares any dividend with the policyholders. Let us tell you that this is the next version of SBI Life e-Shield scheme.
Share price of SBI Life: Meanwhile, the share price of SBI Life Insurance has registered a decline of more than 1.50 per cent. The price of this share is at the level of Rs.1115. Its market capital is one lakh 12 thousand crore thousand rupees.
