SBI Life Insurance will soon launch a host of plans across savings, protection and pension platforms.
The products have been filed with the Insurance Regulatory and Development Authority for approval, the company says in a statement.
“The plans include family income protection plan, monthly income savings plan, traditional pension plan and market-linked plan (ULIP) targeting younger audience,” the statement quotes Atanu Sen, Managing Director and CEO, as saying. SBI Life is expanding its network and field force to enhance its base. In the last seven months, it has added 39 new branches, recruited additional 14,000 insurance advisors and 2,000 certified insurance facilitators, the statement adds.
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