Saving And Investment Plans
SBI Life - Smart Guaranteed Savings Plan
Synopsis:
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SBI Life - Smart Guaranteed Savings Plan, a Traditional Non-participating Individual Savings Plan that provides your savings a boost with Guaranteed Additions.
Features:
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- Get Guaranteed Additions (GAs)#, at the end of each policy year, depending upon the installment premium amount chosen
- Guaranteed Additions# are added at the simple rate of 5.5% or 6% and will apply to the cumulative basic^ premiums paid.
- Pay premiums only for a limited period of 7 years and enjoy the benefits throughout the policy term of 15 years.
- Get Life Insurance coverage, based on the premium chosen.
Eligibility:
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Age at Entry* |
Min: 18 years Max: 50 years |
Maximum Age at Maturity* |
65 years |
Policy Term |
15 Years |
Premium Payment Term |
7 Years |
Premium Frequency |
Yearly |
Premium Amount (X 1000) |
Min : Rs 15,000 Max (Per life limit) : Rs 75,000 |