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SBI launches Group Health Insurance Plan for State Bank customers

SBI Life Insurance has launched its first Group Health Insurance Plan for State Bank customers called the Criti9. The name of the PLan itself suggests that it offers coverage for 9 major Critical diseases heart-attack, cancer, stroke, coronary artery bypass surgery, kidney failure, major organ transplant, multiple sclerosis and heart valve surgery.

The plan has the following eligibility criteria:
Age: The minimum & the maximum entry age for the account holders should be 18 & 55 years respectively.
Maturity Age: The Maturity age of the Plan is 65 years, the customers can renew the policy till the age of 65
Sum Assured: The Minimum & the maximum coverage amount is Rs. 25,000 & 5 lakh respectively.
Term: The minimum & the maximum term of the plan is 2 years & 5 years respectively.