SBI Life - eWealth Insurance

SBI Life - eWealth Insurance

"Make smart moves to grow your wealth with insurance."
1. Easy online buying process
2. Two plan options
3. Hassle-free investment management
4. Market-linked returns

An Individual Non-Participating Unit Linked Life Insurance Product
"The Unit Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender or withdraw the monies invested in unit Linked Insurance Products completely or partially till the end of fifth year"

Is a cumbersome buying process discouraging you from investing in Unit Linked Insurance Plans?

You can now enjoy the benefits of ULIPs with a simplified, 3-step online buying process. SBI Life - eWealth Insurance helps you to not only secure your family's future but grow your wealth as well.
This wealth creation plan offers -
1. Security - cover your family's needs in case of eventuality
2. Affordability - with premiums starting at Rs. 2000 per month
3. Flexibility - to choose between two plan options
4. Simplicity - apply online with ease
5. Liquidity - through partial withdrawals from 6th policy year

With just a few clicks, take your first step towards Insurance and wealth creation.

HIGHLIGHTS
1. ULIP Plan
2. SBI Life - eWealth Unit-linked insurance plan
3. Online
4. Protection
5. Automatic Asset Allocation

Features & Advantages

Features
1. Life coverage
2. Investment management through Automatic Asset Allocation
3. Two plan options - Growth and Balanced
4. Simplified 3 step online buying process
5. Nominal premium payments without any allocation charge
6. Partial withdrawals from 6th policy year

Advantages
Security
1. Make sure your family is financially independent in case of eventuality
2. Your funds are automatically rebalanced to counter market fluctuations

Flexibility
1. Invest in the plan option of your choice as per your risk appetite

Simplicity
1. Hassle-free online buying process

Affordability
1. Get market-linked returns for premiums as low as Rs. 2,000 per month without any allocation charges

Liquidity
1. Get the freedom to make partial withdrawals to fund any unexpected expenses

Avail tax benefits*

Plan Benefits

Maturity Benefit (Applicable only for in-force policies):
On completion of Policy Term, Fund Value will be paid.
Death Benefit (Applicable only for in-force policies):
Higher of (Fund Value or Sum Assured less applicable partial withdrawal@ or 105% of total premiums received up to the date of death less applicable partial withdrawal@) is payable to the beneficiary, as on the date of intimation of death claim to the company.

@Applicable partial withdrawals are equal to partial withdrawals, if any in the last 2 years immediately preceding the death of the Life Assured.

Who can buy?



**Assumed rates of returns @4% and @8% p. a., are only illustrative scenarios at these rates after considering all applicable charges. These are not guaranteed and they are not higher or lower limits of returns. Unit Linked Life Insurance products are subject to market risks. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans and their future prospects or returns.

Various charges such as 'Fund Management Charges' etc. are deducted. For the complete list of charges and their workings.

Unit Linked Life Insurance products are different from the traditional products and are subject to market risks. The premium paid in Unit Linked policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the policyholder is responsible for his/her decisions. SBI Life Insurance Co. Ltd. is only the name of the insurance company and SBI Life - eWealth Insurance is the name of the unit linked Life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risk and applicable charges from your Insurance Advisor or the intermediary or the policy document from the insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects or returns.

*Tax Benefits:
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time. You may visit our website for further details here.