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Home > Corporate Solutions > Retirement Solutions

SBI Life - Gaurav Jeevan
(UIN : 111N076V01)

 

 Policy Document  | Brochure | Email | Ask for a Visit
 
Introduction
Key Features
Product Snapshot
What are the Annuity Options available ?
 
Introduction:

SBI Life Insurance introduces “SBI Life - Gaurav Jeevan” for Central Government / State Governments/ Government Enterprises and their agencies who wish to purchase their annuity liability (existing or emerging or both) in respect of the annuity payments for compensation to the land owners whose lands are being acquired.

This product will enable you to transfer your annuity liability; which in turn is taken care by our in-house investment expertise and an investment approach best suited to the nature of the liability. This protects you from deficits due to adverse changes in demographic or economic scenario in the future.
 

 Key Features:
 
Flexible annuity term
 
Flexible options with Income Protection on Death
 
Better annuity rates
 
Simple Joining process
 
 Product Snapshot:
Age at Entry:
  Min : 18 years / Max : 85 years as on last birthday
Group Size:
  Min : 50 members
  Max: No Limit
Annuity Term :
  5 years to 35 years
Modes for Annuity Payments:
  You will have an option to choose Yearly, Half-yearly, Quarterly and Monthly modes for payment of annuity benefit.
Annuity amount:
  Min Amount:  Rs. 100
  Max Amount: No Limit
 What are the annuity options available?
 

You can select one of the below mentioned two options:

  Level temporary annuity with income protection on death
  Increasing temporary annuity with income protection on death
These are only the brief features of the plan. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.
69.ver.02-05/15 WEB ENG
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS. IRDAI clarifies to public that • IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums. • IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
 
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