Category: GeneralInfo

How does claim settlement work in case you have more than one term insurance policy? Does term insurance provide cover outside India? What if I suffer from some major illness or start smoking after buying a term insurance policy? How easy is it to get a claim from a private insurance company as compared to the state-owned Life Insurance Corporation of India (LIC)? I am sure you must be concerned about all these questions if you have a term insurance policy or planning to buy one. Today, I will answer some of the most asked questions, which an individual has […]

DECLARATION BY LIFE TO BE ASSURED I hereby declare that the foregoing statements and answers have been given by me after fully understanding the questions and the same are true, accurate and complete in every manner and that I have not withheld or omitted to give any information. Further, I have not provided any false information in reply to any question. I understand and agree that the statements in this proposal constitute warranties. I do hereby agree and declare that these statements and this declaration shall be the basis of the contract of assurance between me and SBI Life Insurance […]

  From ROI (%) 01-JUL-2013 10.15 01-OCT-2013 10.40 Interest Rate / EMI is subject to any change that may happen in future   Next Reset Date Expected ROI (%) on Next Reset 01-JAN-2014 10.50 Interest Rate subject to any change that may happen upto Next Reset Date