20
Aug
SBI Life Insurance has introduced ‘SBI Life – Smart Shield Plus’, a term insurance solution designed to adapt to the shifting financial responsibilities of Indian households. As the economy witnesses rising disposable incomes and increased focus on long-term financial security, the product addresses a clear market demand for flexible protection offerings. The plan provides three cover options — Level Cover, Increasing Cover, and Level Cover with Future Proofing Benefit. Notably, the Increasing Cover option raises the sum assured by 5% annually up to 200%, while the Future Proofing Benefit allows policyholders to expand coverage during key life events without medical…
