SBI life launches Ulip product Maha Anand
Mumbai: SBI Life Insurance, today launched a new unit linked insurance plan--SBI Life Maha Anand for middle and low-income segments.The product would be available at a premium starting from Rs 500 per month, the company said in a statement here."Available at a low premium entry level, Maha Anand offers an opportunity to large sections of society to participate in the entry markets and benefit by systematically investing over a long-term horizon," SBI Life Managing Director and CEO, U S Roy, said.The product is available upto 55 years of age. The maturity age is upto 65 years.It has three fund options-equity, equity optimizer and bond fund.
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