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Investment Solutions and Corporate & Investment Banking. BNP Paribas Cardif is one of the world leaders in
creditor insurance and its life and non-life insurance units have received an AA rating from Standard & Poor's.
SBI Life has a unique multi-distribution model encompassing vibrant Bancassurance, Retail Agency, Institutional
Alliance and Corporate Solutions distribution channels.
SBI Life extensively leverages the State Bank Group relationship as a platform for cross-selling insurance
products along with its numerous banking product packages such as housing loans and personal loans. SBI's
access to over 100 million accounts across the country provides a vibrant base for insurance penetration across
every region and economic strata in the country, thus ensuring true financial inclusion. Agency Channel,
comprising of the most productive force of over 80,000 Insurance Advisors, offers door to door insurance
solutions to customers
Up
by
Outlook
Money
3.
SBI
Life
won
following
awards
at
the
Indian
Insurance
Awards
2013:
Under-served Market Penetration Award 2013 (Private Sector): SBI Life won this award for being pro-active in
terms of reaching out tocustomers in relatively under-penetrated states and regions in India.
Claims
Service
Company
of
the
Year
Award
2013
(Private
Sector):
SBI Life has demonstrated effective and speedy claims settlement whilemaintaining high levels of client service,
satisfaction and focus in handling claims in FY 2012-13, setting up a benchmark for the industry to
SBI Life won Global Performance Excellence Award 2013 by Asia Pacific Quality Organisation (APQO)
SBI Life has achieved a unique distinction by featuring amongst the nine organisations from six Asian and Pacific
Rim Countries to be recognisedas exemplary companies of world class quality performance.
5.
Won
Digital
Inclusion
Skoch
Awards
2013
SBI Life received the award for the project - Enabling partners to collect premium through Electronic
Fund Transfer - Cash & Direct Debit. Theaward recognises best practices in the fields of governance,
finance, banking, technology, corporate citizenship, economics and inclusive growth.
6.
Won
Communication
Excellence
Award
2013
at
4th
CMO
Asia
Awards
Represented by 25 countries across Asia, CMO Asia Awards recognises organisations for displaying
leadership in strategic communicationcombined with consistent innovation.
7. BFSI (Banking Financial Services and Insurance) 2014 Awards:
'The Most Admired Life Insurance Company in the Private Sector'
'The Best Life Insurance Company in the Private Sector' The BFSI Award recognises the best performances of
various Banking, Finance and Insurance Services. The award focuses on best of the bestpractices of the BFSI
industry based on the strategy, security, customer service and the future technology challenges and innovations.
8.
SBI
Life
recognised
amongst
Top-50
Great
Places
to
Work
SBI Life was ranked 36th amongst Great Places to work in India. India's Best Companies to Work for Study 2013,
the largest study in the countryon workplace culture, attracted participation from around 550 organisations
spanning across 22 industries.
9.
Awards
at
the
World
HRD
Congress:
Dream
Company
To
Work
For
2014
in
Private
Insurance
Dream
Employer
of
the
Year
2014'
Ranked
4th
Employer
Branding
Award
2014'
for
Talent
Management
World HRD Congress is the largest rendezvous of HR Professionals from across the world. It recognizes the
organisations with best HR Practicesacross the globe.
10. Won the "Training Provider of the Year" Award at Asia's Training & Development Excellence Awards
2013
The award is conferred by World HRD Congress and endorsed by Asian Confederation of Business
For more information, Please visit : www.sbilife.co.in
2014 News
Most Trusted Private Life Insurance Brand 2011, 2012 and 2013 by The Economic Times,
Brand Equity and Nielsen Survey
Most Admired Life Insurance Company and The Best Life Insurance Company in the
Private sector by the BFSI 2014
Best Life Insurance Company Award by Asia Banking, Financial Services & Insurance
Excellence 2014
Non-Urban Coverage - Life Insurance by the Indian Insurance Awards, 2014 for its wide presence
and market penetration
Platinum Award for Excellence in Life Insurance by Skoch Financial Inclusion and Deepening
Awards2014
Golden Peacock National Training Award, 2014 by Golden Peacock Awards Secretariat Institute of
Directors
06thAugust 2015
2015 News
term
Pays a maturity amount on survival of one or both the lives assured at the end of the policy term
Tax benefits as per prevailing norms under the Income Tax Act, 1961
Mumbai, August 06, 2015: SBI Life Insurance, the trusted life insurer, has launched a new product,
"SBI Life - Smart Humsafar", a unique plan which offers multiple benefits of savings and insurance
cover for husband and wife under a single policy. The plan complements the couples efforts to
achieve prosperity along with protection to fulfill their dream of leading a better life.
On the launch of this product, Mr. Arijit Basu, MD and CEO, SBI Life Insurance said, "Today,
with skyrocketing lifestyle costs, couples are finding it difficult to invest and save for their future. We,
at SBI Life, would like to partner with couples in order to help them attain their ambitions.
Accordingly, we have introduced this unique joint life insurance product that provides insurance
cover for the spouses. With this plan, couples will not only insure their lives but also safeguard and
secure their future and well being of their dependents."
"SBI Life - Smart Humsafar" provides financial protection to husband and wife under a single policy.
In case of death of one of the spouses, a payment of sum assured is made to the surviving spouse,
in addition to waiver of future premiums. In the event of death of surviving spouse during the
reminder of the policy term, the nominee gets the sum assured plus all the accrued bonuses. The
basic sum assured with all accrued bonuses will be paid upon survival of any or both lives on
maturity.
Additionally, customers can also avail loan against the policy in times of need. It also gives
customers the tax benefits as per prevailing norms under the Income Tax Act, 1961. The minimum
and maximum entry age for this plan is 18 and 46 years respectively.
01stSeptember 2015
2015 News
2013 News
Trigger Fund option, a unique fund option with the advantage of Buying Low and Selling
High
Smart Funds option which gives one the option to choose from 7 varied funds