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
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Min: 8 years for Regular/Limited premium policies 13 years for Single premium policies
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Max:55 years
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Max Age At Maturity
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Min:18 years
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Max:70 years
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Plan Type
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Regular/Limited/Single
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