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Birla Sun Life launches new product

NEW DELHI, India, Feb 4 -- BIRLA SUN Life Insurance has launched a new product in the life insurance segment - 'Simply Life'. According to the company release, the plan has been structured to meet the requirements of mass market.

The plan would be available at all branches of BSLI and its channel partners across the country. The buying process is simple as a customer needs to fill a two-page application form (including health declaration) and provide age proof along with a cheque for the premium amount.

The plan provides twin benefits of life insurance and savings, guaranteed issuance, minimum annual premium amount payable is Rs 10,000 and the maximum annual premium is Rs 1 lakh. The face ...

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