New Delhi, Aug 18 (SocialNews.XYZ) In a unique initiative, SBI General Insurance launched the first-of-its-kind 'Shagun' policy, which enables gifting of personal accident cover.
According to the company, the key differentiating feature of the policy is that it can be gifted, which means it is not necessary for the policy buyer to be related to the insured person.
"Shagun covers personal accident insurance which provides complete financial protection to the insured person against uncertainties such as accidental death and partial or total disabilities, and permanent as well as temporary disabilities resulting from an accident," the company said in a statement.
SBI General Insurance had closed the financial year 2019-20 with a gross written premium of Rs 6,840 crore at a YoY growth of 45 per cent.
Source: IANS
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
This website uses cookies.
