SBI Life Insurance, an India-based private insurer, has unveiled its latest offering, Smart Humsafar.

The new insurance policy provides multiple benefits of savings and insurance cover for husband and wife under a single product.

It has been designed as a joint life insurance cum savings policy wherein the customer can take insurance cover for both spouses under a single policy.

The company claims that the plan harmonizes the couple’s efforts to achieve prosperity along with protection.

In the event of unfortunate demise of one spouse, a payment of sum assured is given to the surviving spouse, while future premiums are waived off. In case of death of surviving spouse during the reminder of the policy term, the nominee receives the sum assured along with all the accrued bonuses.

The basic sum assured with all accrued bonuses will be paid upon survival of any or both lives on maturity.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.