Q70) SBI Life Insurance launched Smart Humsafar, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy. Smart Humsafar Plan highlights:
1) A Joint life insurance cum savings plan wherein you can take insurance cover for yourself and your spouse under a single policy.
2) Provides financial protection in the event of death of either or both the lives assured
3) Pays a maturity amount on survival of one or both the lives assured at the end of the policy term
4) Benefits also include premium waiver in case of death of any one of the lives assured for in force policies
5) Tax benefits as per prevailing norms under the Income Tax Act, 1961
Which of the above statement(s) is/are correct?
Q70) SBI Life Insurance launched Smart Humsafar, a unique plan which offers multiple benefits of savings and insurance cover for husband and wife under a single policy. Smart Humsafar Plan highlights:
1) A Joint life insurance cum savings plan wherein you can take insurance cover for yourself and your spouse under a single policy.
2) Provides financial protection in the event of death of either or both the lives assured
3) Pays a maturity amount on survival of one or both the lives assured at the end of the policy term
4) Benefits also include premium waiver in case of death of any one of the lives assured for in force policies
5) Tax benefits as per prevailing norms under the Income Tax Act, 1961
Which of the above statement(s) is/are correct?
The correct option is D All of these
Ans:70)(d)
All of these
Ans:70)(d)
