SBI Life - Smart Platina Assure

SBI Life - Smart Platina Assure

"Our Promise. Assured Returns."
1. Premium payment for 6 or 7 years
2. Choice of monthly or yearly payments
3. Guaranteed Additions^ of 5.00% to 5.50% at the end of each policy year
4. Tax Benefits*

A Non-linked, Non-participating, life endowment assurance savings product

You have accomplished what you had aimed for and are a true champion. You take smart decisions to ensure that you always stay one step ahead in life.

A smart choice for champions like you is choosing the right savings plan which can minimise risk and assure a guaranteed return while providing life insurance.

We at SBI Life understand this and are pleased to Introduce SBI Life - Smart Platina Assure, an individual, non-linked, non-participating, life endowment assurance savings product which assures guaranteed returns with an advantage of paying premiums for a limited term. This smart endowment life insurance product will ensure that your money works harder while you work hard for your family and also give you peace of mind.

This endowment plan offers:
1. Security - protection for your loved ones in the case of an eventuality
2. Flexibility - choose between monthly or yearly premium payments
3. Simplicity - easy online application process
4. Reliability - through guaranteed additions

HIGHLIGHTS
1. Life Insurance
2. Savings Plan
3. Guaranteed Additions
4. Monthly Mode
5. SBI Life - Smart Platina Assure

Features & Advantages

Features
1. Get Life cover along with Assured return
2. Enjoy Guaranteed Additions^ of 5.00% to 5.50% at the end of each policy year
3. Pay for just 6 or 7 years and enjoy the benefit throughout the policy term of 12 or 15 years respectively
4. Option to choose Monthly or Yearly premium payment frequency, as per convenience
5. Get tax benefits* as per the prevailing norms under the Income Tax Act, 1961
*Tax benefits, are as per the provisions of the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for further details.

Advantages

Security
1. Financial protection that ensures your family's security in the event of the death of the Life Assured.

Flexibility
1. Monthly and yearly payment options for added convenience.

Simplicity
1. Provides you with an easy application process for hassle-free issuance

Reliability
1. Guaranteed Additions^ based on the annualized premium, at the end of each policy year



Plan Benefits

Maturity Benefit (For In-force policies):
Guaranteed Sum Assured on maturity plus Accrued Guaranteed additions, as applicable.

Death Benefit (For In-force policies):
In the unfortunate event of the death of the Life Assured, 'Sum Assured on Death' along with accrued Guaranteed Additions, if any, will be payable to the beneficiary.

Where, Sum Assured on Death is higher of 10 times the Annualized Premium* or 105% of total premiums paid up to the date of death.

*Annualized premium shall be premium payable in a year chosen by policyholder, excluding applicable taxes underwriting extra premiums and loading for modal premiums, if any.

Who can buy?