28th January 2024 Daily Current Affairs
Banking & Finance
1. Max Life Insurance Introduces SWAG Pension Plan
- Max Life Insurance Company Limited., has launched Smart Wealth Annuity Guaranteed Pension Plan – SWAG Pension Plan.
- This is a non-linked, non-participating individual/group general annuity savings plan which allows customers to tailor their own policies, choosing from an array of annuity options.
- Customers can plan early and get a higher annuity on retirement by deferring the first annuity from the first month itself up to 12 years.
Banking & Finance
2. SBI Life – Saral Swadhan Supreme’ and ‘SBI Life – Smart Swadhan Supreme
- SBI Life Insurance, one of the most trusted private life insurers in the country, launched two products– ‘SBI Life – Saral Swadhan Supreme’ and ‘SBI Life – Smart Swadhan Supreme’,.
- These products aim not only to provide life cover but also to offer the return of premiums at maturity.
- The new products are strategically designed to empower customers, recognizing the growing awareness of the crucial link between insurance and financial well-being.
