State Bank of India (SBI) Life Insurance recently announced the launch of ‘SBI Life eShield Next’ – a new old age insurance policy, which increases or ‘raises’ protection coverage with the life milestones of the insured. The policy is a non-participating, non-linked, pure-risk premium life insurance product that allows customers to reap benefits by “increasing” required insurance protection, according to a recent statement shared by the company.
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