SBI Life - Swarna Jeevan

SBI LIFE - SWARNA JEEVAN

"A group general annuity plan."
1. General annuities for group members
2. Better annuity rates due to group effect
3. Wide choice of annuity options

Non-Linked, Non-Participating Group General Annuity Plan
Are you looking for a well-managed employee pension scheme that minimizes your risk?
SBI Life - Swarna Jeevan, helps employers manage the employee pension scheme through the transfer of their annuity liability.

This plan offers -
1. Security - by transferring the liability of your defined pension scheme
2. Reliability - protecting employees' pension post-retirement
3. Affordability - better annuity rates due to group effect
4. Flexibility - wider range of annuity options

Don't let the fear of liabilities hold your organization and its employees from making the most of their potential.

HIGHLIGHTS

1. Group Annuity Plan
2. Immediate Annuity Plan
3. SBI Life - Swarna Jeevan
4. Group Pension

Features & Benefits

Features
1. Efficient risk management by professional fund managers
2. Better annuity rates due to group effect
3. Multiple Annuity options under single and joint life
4. Customized options as per scheme rules
5. Choice of selecting annuity frequency

Advantages

Security
1. Transfer the management of your pension liabilities
2. Employees achieve financial independence post-retirement

Reliability
1. Fixed Annuity/pension benefits for your employees, enabling them to maintain their lifestyles

Affordability
1. Procure higher Annuity/pension for your employees through a corporate plan

Flexibility
1. Freedom for employees to choose benefits as per their individual requirements
2. Employees receive annuities helping them to plan their finances

Plan Benefits

A variety of Annuity Options to choose from :
Single Annuity
1. Life Annuity
2. Life annuity with refund of purchase price#
3. Life annuity with refund of balance purchase price#
4. Annuity certain for 5 to 35 years and annuity for life thereafter
5. Increasing Life annuity (Simple increasing)

Joint Annuity
1. Joint life (last survivor) annuity
2. Joint life (last survivor) annuity with refund of purchase price#
3. Joint life annuity certain for 5 to 35 years and joint life (last survivor) annuity there after
4. NPS - Family Income (Option available specifically for National Pension System (NPS) subscribers only)
5. Increasing Joint Life (last survivor) annuity (Simple Increasing)

Who can buy