SBI Life - Saral Swadhan+

SBI LIFE - SARAL SWADHAN+

"Get protection, return of premium and more."
1. Life cover throughout the policy term
2. Fixed maturity benefit
3. Value for money
4. Easy enrolment

An Individual, Non-linked, Non-participating, Life insurance, saving product with return of premium.

Do you want to protect your family with the assured return of premiums?

Now get protection with the added benefit of getting your premiums back. SBI Life - Saral Swadhan+ is an Individual, Non-linked, Non-participating, Life insurance, saving product with return of premium feature that offers fixed life cover throughout the policy term along with an added advantage of guaranteed maturity for in-force and paid-up policies.

This plan provides -
1. Security - meet your family's needs in case of an eventuality
2. Reliability - return of premiums at maturity
3. Flexibility - choose between two policy terms and multiple premium options
4. Simplicity - easy enrolment

Fill in your basic details in our benefit illustrator below, and see how this plan can help you.
Build the foundation for a brighter tomorrow by investing today.

HIGHLIGHTS
1. Traditional Plan
2. SBI Life Saral Swadhan+
3. Return of Premium
4. Term Plans

Features & Advantages

Features
1. Fixed life cover throughout the term along with maturity benefits
2. Maturity benefits of 100% or 115% of the total premiums^ paid (for policy term of 10 &15 years respectively )
3. Policy term options - 10 years and 15 years
4. Choose the premium amount you wish to pay
5. Simplified proposal form

Advantages

Security
1. Get protection for your family, in case of an eventuality

Reliability
1. Enjoy benefit of getting your premiums back at the end of the policy term

Flexibility
1. Option to pay premiums as per your financial capability

Simplicity
1. Hassle-free application to ensure prompt processing

Avail tax benefits*

Plan Benefits

Maturity Benefit:
On survival till the end of the policy term you may get,
1. Policy Term 10 years - 100% of the total premiums^ paid
2. Policy Term 15 years - 115% of the total premiums^ paid
^Total Premiums Paid means total of all the premiums received, excluding any extra premium and applicable taxes
Maturity benefit will be payable provided at least 2 consecutive policy years' premium are fully paid.

Death Benefit:
In case of death of life assured due to any cause, Sum Assured on death will be payable to the nominee/beneficiary, provided the policy is in-force.

Paid up Value:
Any time during the policy term if the premiums are not paid within grace period, the policy shall lapse. A lapsed policy will acquire paid-up only if at least 2 consecutive policy years' premium are fully paid.

A lapsed policy gives you the reduced benefits:
1. Paid-up Maturity Benefit:
100% and 115% of Total Premiums Paid for policy term 10 years and 15 years respectively.
2. Paid-up Death Benefit:
The Sum Assured on death will be reduced to the same proportion as the ratio of the number of premiums paid to the total number of premiums actually payable. The sum assured so reduced will be called paid-up sum assured.

Who can buy?