Smart Money Back Gold

SBI Life Insurance

Hey guys ! 

Today its with great pleasure that we present you with our NEW launched plan <<<SBI Life - Smart Money Back Gold>>>
which guarantees :
> Money Back options specially tailored to suit your requirements,
> Fixed cash inflows which can meet your various financial obligations,
> Survival Benefit of 110% of Sum Assured paid till maturity. 

> Customize your coverage through the wide range of additional benefits.

> Tax Benefits as per prevailing norms under the Income Tax Act, 1961.

 #SBILife

Shubh Nivesh Broucher

SBI Life Insurance

SBI Life - Shubh Nivesh >>>> The basic purpose is to provide Savings, Income and Insurance Cover to you and your family.
Not only you can save regularly for your future but you also have the flexibility to receive the maturity amount as a lump sum or as a regular income for a chosen period, depending upon your needs.
A savings plan with flexibility of availing whole life insurance as an add-on benefit
•Benefits including Wealth Creation, Insurance cover and Regular flow of income
•Flexibility to choose between Single or Regular premium payment
•Additional rider benefits at an affordable cost
•Option to receive the Basic Sum Assured at regular intervals over a stipulated time period of 5/10/15/20 years
•Tax benefits as per prevailing norms under the Income Tax Act, 1961

 

#SBILife

 

 

Tax Planner

SBI Life Insurance

Want to save tax?
Invest in a Life Insurance Plan today and get rebates under section(s) 80C and 10(10D).
Also enjoy the benefits of TAX FREE returns.
 

SBI Life

 

 

Tax Saving Plans

SBI Life Insurance

Value each and every penny of your hard earned money !!
Save TAX and Protect yourself
Get insured today
and Celebrate life ! 

 

SBI Life

 

 

Retire Smart

SBI Life Insurance

• SBI Life - Retire Smart, a non-participating unit linked pure pension plan, which guarantees you minimum of 101% of all premiums paid, when policy is in force, on Maturity/Vesting; thus the downside risk in the market is protected to a great extent.
Your Fund Value is boosted, through guaranteed additions of up-to 210%* of Annual Premium (Conditions Apply)
• Guaranteed Additions of 10% of Annual Premium are paid regularly, starting from the end of 15th policy year and at the end of every year thereafter till the end of policy term.
• Get Terminal Additions of 1.5% of Fund Value, at maturity/vesting or on earlier death.
• Get a Guarantee of minimum 105% of all premiums paid on earlier death.
• Option to pay premiums regularly or for a limited period.
Get insured today
and Celebrate life !
#SBILife

 

 

Shubh Nivesh

SBI Life Insurance

SBI Life - Shubh Nivesh : an option of Whole Life coverage. The basic purpose is to provide Savings, Income and Insurance Cover to you and your family. Not only you can save regularly for your future but you also have the flexibility to receive the maturity amount as a lump sum or as a regular income for a chosen period, depending upon your needs :-
• A savings plan with flexibility of availing whole life insurance as an add-on benefit
• Benefits including Wealth Creation, Insurance cover and Regular flow of income
• Flexibility to choose between Single or Regular premium payment
• Additional rider benefits at an affordable cost
• Option to receive the Basic Sum Assured at regular intervals over a stipulated time period of 5/10/15/20 years
• Comprehensive risk coverage through 3 Riders:
◦ SBI Life - Preferred Term Rider (UIN:111B014V02)
◦ SBI Life - Accidental Death Benefit Rider (UIN: 111B015V02)
◦ ’SBI Life - Accidental Total & Permanent Disability Benefit Rider (UIN: 111B016V02)
• Tax benefits as per prevailing norms under the Income Tax Act, 1961
#SBILife

 

 

Smart Scholar

SBI Life Insurance

SBI Life Smart Scholar Review 

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Plan Name: Smart Scholar

Insurer: SBI Life Insurance Company Limited
Category: Unit Linked Insurance Plan
Objective: Financially Securing Child’s Future

Major USP of SBI Life Smart Scholar 

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Waiver of Premium Rider

Loyalty Additions
Inbuilt Accident Rider

Eligibility of SBI Life Smart Scholar 

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Minimum Entry Age: 18 years for Life Insured, 0 years for child

Maximum Entry Age: 57 years for Life Insured, 17 years for child
Maturity Age: 65 Years for Life Insured, 18-25 for child
Policy Term: 8 to 25 years
Minimum Premium: Rs 24,000
Maximum Sum Assured: Annual Premium x 20

What benefits does SBI Life Smart Scholar offer? 

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Maturity Benefit:

The fund value along is payable at maturity.

Death Benefit:
In life insured passes away, higher of Sum Assured or 105% of all premium paid will be provided to the beneficiary. The future premiums will be borne by SBI life and the accumulated amount will be paid at maturity.

Inbuilt Accident Rider: Additional amount is made available to the policyholder or nominee in case of death or disability to the life insured.

Loyalty Additions: These are added in the form of units to the fund value and are equivalent to 1% of the average fund value of the last 24 months.

What are investment options with SBI Life Smart Scholar? 

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The funds are mixture of equity and debt. You can chose among any of the following funds available which are listed below:

Index fund
 Equity Fund
 Top 300 Fund
 Equity Optimiser Fund
 P/E Managed Fund
 Growth Fund
 Balanced Fund
 Bond fund
 Money market Fund

What are the riders available with SBI Life Smart Scholar?

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The riders add extra layer of protection for your child. The riders available with Smart Scholar are:

SBI Life Personal Accident Rider
SBI Life Dread Disease Rider

Are there any tax benefits?

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Under Section 80C you can avail tax benefit, yearly premium (not more than 1lac) will be deducted from taxable income.

Under Section 10(10D) death claim is completely tax free.

What are the charges in SBI Life Smart Scholar?

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Premium Allocation Charges:
The premium allocation charges for Smart Scholar are:

Policy Year	Allocation Charge
1	6.00%
2-3	4.5%
4-5	4%
6-10	1%
11+	Nil

Fund Management Charge (FMC): These are the charges levied as a percentage of fund value to manage the funds. The premium paid is allocated into different portfolio of funds. The FMC charge for money market fund is 0.25%; bond fund is 1.0%, balanced fund, index fund is 1.25% while the rest of funds have 1.35%.

Policy Administration Charge: These are monthly deductions which start from first month and are for maintaining the policy- paperwork, work force etc.  The charges are Rs 50 per month.

Mortality Charge:These are charges deducted as a part of life cover provided and are recovered through cancellation of units. Mortality charge is dependent on the risk cover taken along with age, gender and health condition.

What else should I know about?

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Switch: Switch is made to transfer the fund value from one fund to another. You can make 2 switches per year and additional switches can be made by paying additional charges.

Partial Withdrawal: 1 partial withdrawal is free per year.

Free Look Period: Invest Assure Plus plan can be cancelled within 15 days of receiving the policy contract. A written application can be submitted to any branch for the same. The premium will be paid back minus some charges like stamp duty, medical reports.

What’s opinion on SBI Life Smart Scholar?

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Smart Scholar is a unit linked insurance plan which has many benefits. There is the usual waiver of premium rider as well as not so usual inbuilt accidental rider. You can opt for limited premium payment term. Loyalty additions are also made to the fund value.

Saral Pension

SBI Life Insurance

Retirement - means giving up work and continuing to Celebrate Life!
SBI Life - Saral Pension is an Individual, Participating, Non Linked, Traditional Pension Plan, which offers you complete safety from market volatility, by providing you a secure future and a joyous retirement.
 

For more information kindly inbox us

 

Srinivas Seeta

seetasrinivas@gmail.com