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Product Information
Wealth Plans SBI Life – Smart Privilege
Synopsis:
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Presenting SBI Life – Smart Privilege for UHNIs like you, grow your wealth by choosing from among 8 funds with unlimited free switches and redirections. Also, enjoy the benefit of insurance coverage as you multiply your investments.

Features:

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  • Life insurance coverage along with market-linked returns
  • Loyalty Additions starting as early as 6th policy year onwards for in-force policies
  • Option of paying premiums throughout the term or for a limited period or through a single payment
  • Option of 8 different funds including midcap and pure fund
  • Unlimited free switches and premium redirection
  • Partial withdrawals from 6th policy year or 18 years of age

Benefits:

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  • On completion of Policy Term, Fund Value will be paid
  • Higher of Fund Value or Sum Assured is payable; with a minimum of 105% of total premiums paid till the date of intimation of death
  • Tax Benefits
Eligibility:
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Age at Entry

Min: 8 years for Regular/Limited premium policies 13 years for Single premium policies

Max:55 years

Max Age At Maturity

Min:18 years

Max:70 years

Plan Type

Regular/Limited/Single