Lets Talk 9790546154

back
Product Information
Saving And Investment Plans SBI Life – Smart Bachat
Synopsis:
fjrigjwwe9r3SDPrivInsuProd:Synopsis
Individual, non-linked, participating endowment assurance plan that helps to Safeguard your family’s future and meet your investment needs wisely.

Features:

fjrigjwwe9r3SDPrivInsuProd:Features
  • Life insurance coverage through two plan options
  • Simple reversionary bonuses throughout the policy term
  • Option of in-built premium waiver benefit
  • Choose between four premium payment terms and a wide range of policy term

Benefits:

fjrigjwwe9r3SDPrivInsuProd:Benefits
fiogf49gjkf0d
  • Maturity Benefit for both Options
  • Death Benefit for both Options
  • Accidental Death and Total Permanent Disability (AD&TPD) Benefit, applicable only for Option B
Eligibility:
fjrigjwwe9r3SDPrivInsuProd:Eligibility

Options

Option A: Endowment Option Option B: Endowment Option with in-built Accidental Death and Total Permanent Disability (AD&TPD) Benefit

Age at Entry

Minimum Option A: 8 years ; Option B: 18 years

Maximum: 50 years

Maximum Age at Maturity

65 years

Sum Assured

Minimum : Rs. 100,000 (in multiples of Rs. 1,000)

Maximum : No Limit

Premium Payment Term and Corresponding Policy Term

Premium Paying Term (Years)

5

7

10

15

Policy Term (Years)

10-25

10-25

15-25

20-25

Premium Frequency

Yearly / Half-yearly / Quarterly / Monthly

Premium Frequency Loading

Half-Yearly: 51.00% of annual premium Quarterly: 26.00% of annual premium Monthly: 8.50% of annual premium

Premium (applicable for both options)

Minimum

Yearly: Rs. 5,100

Half yearly: Rs. 2,600

Quarterly: Rs. 1,350

Monthly: Rs. 450

Maximum

No Limit