SBI Life Group Criti9: The SBI Life Group Criti9 as the name goes is a comprehensive group health plan. It is the only health plan offered by SBI. This has nine listed critical illnesses, and if you are diagnosed with any one of them, you are eligible to receive the sum assured as a lump sum amount.
By buying SBI Life – Group Criti9 you have the advantage of,
One can be treated for the nine critical illnesses that are provided in the plan. Some of the illness is cancer, heart attack, kidney failure etc.
You do not have to undergo a long drawn process to get yourself a Group Criti9. The formalities to become a member of this plan are a streamlined and easy process. According to this plan you can renew your scheme until you have reached the age limit of sixty five years.
The policy fetches tax benefits according to the laws of the Income Tax Act, 1961. This group plan requires at least fifty individuals to take part in forming this health scheme.
This plan permits you to choose how you want your sum assured to be. Your sum assured can either be the same for all individuals in the group, or it can be determined as multiples of your salary or it can be determined by your grade.
The minimum sum assured should not be less than rupees twenty five thousand and your maximum sum assured will not exceed rupees five lakhs.
The benefits of this plan will be provided once you are diagnosed with any one of the critical illnesses under this scheme.
On survival for thirty days after diagnosis of a disease, one is assured of receiving the full sum assured in a single payment. You should produce the medical reports and other documents needed.
SBI’s Life Group Criti9 is the only health plan available in SBI Life insurance. It is a complete plan, well designed and offers the advantage of it being a group plan.
This is a plan which provides financial security during a time when you need a large amount of money at short notice. It also is a plan which covers most of the diseases which affect the people in today’s modern world.
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