CURRENT AFFAIRS

Detailed explanation-1: -The correct answer is SBI General Insurance. SBI General Insurance, one of the leading general insurance companies in India, announced the launch of first-of-its-kind offering, ‘Shagun – Gift an Insurance”, a unique gift of Personal Accident policy.

Detailed explanation-2: -The Jeevan Shagun plan offered by Life Insurance Corporation (LIC) is a money back, single premium policy where high death cover is offered, in case of the policyholder’s untimely demise during the term. The maturity sum assured can be chosen by the policyholder, based on which the premium for the plan is decided.

Detailed explanation-3: -Coverage. Accidental Death only. Permanent Total Disability (PTD) Child Education-covers upto max. of 1 % of accidental death’s sum insured or 20000/-whichever is lower for First & second child of insured member (In case of death or PTD admissible claim)

Detailed explanation-4: -Our personal accident insurance policy offers compulsory ‘Accidental Death’ along with a range of accident covers: Accidental Death. Accidental Death + Permanent Total Disability (PTD) Accidental Death + Permanent Total Disability (PTD) + Permanent Partial Disability (PPD)

Detailed explanation-5: -Group accident insurance is a type of insurance that is offered to employees (by the employer) to protect them against the medical expenses incurred due to injury or death resulting from an accident at the workplace.