A. The following people can be benefited from an SBI Life Policy claim:
The nominee or an appointee (in case the Nominee is a minor) for death claim settlements.
The benefit is payable to the policyholder in case of Living Benefits such as Maturity Benefits, Survival Benefits, Rider Claims etc.
To the Assignee, in case the policy is assigned.
To the legal heirs of the policyholder if there is no clear and valid nomination registered under the policy.