SBI Life launches Flexi Smart Plus

wSBI Life Insurance, the most trusted and preferred private life insurer, launches the “SBI Life – Flexi Smart Plus” insurance plan. The product is designed to protect and cater to the savings needs of multiple customer segments with low risk appetite.

Announcing the launch of this unique product, Mr. Atanu Sen, MD & CEO of SBI Life Insurance said: “Our focus while designing a product has always been on addressing customer needs. Hence, our ranges of products are not only innovative and simple, but also meet the financial/protection needs of our customers. The Flexi Smart Plus plan, further strengthens our product offering by catering to customers who are looking to create wealth, while protecting their loved ones. At the same time, it assures guaranteed returns which make the product unique.”

Flexi Smart Plus has two Protection options to choose from; A: Gold option, which gives higher of policy account value, sum assured, or 105% of total premiums paid on death; and B: Platinum option which gives higher of policy account value plus sum assured, or 105% of total premium paid on death.