SBI Life sales closure goes paperless, introduces 'Connect Life'

Distribution Partners from all sales channels of SBI Life can sell insurance products through this facility

SBI Life Insurance has introduced ‘Connect Life’, a tablet-based service which gives choice to the customer while purchasing a policy in simple and effective steps.

It is adopting digitization of the entire process beginning with built in need analysis calculator that offers a customer the right products to choose from, filling the proposal form with a facility of paying premium and uploading necessary documents from the tablet.

Distribution Partners from all the sales channels of SBI Life can sell insurance products through this facility. 

All a customer has to do is begin with their Need Analysis Calculation and based on their requirements choose a policy from the wide array of products offered, namely, protection, wealth creation, savings, child and retirement plans. 

Arijit Basu, MD & CEO, SBI Life Insurance, said, “ Through this technology, we are empowering the customer to opt for a policy emphasising on their needs while offering them a wide range of products and services. Overall, Connect Life will reduce the turn-around time and help with faster policy issuance.”