SBI LIFE - eWealth Insurance ???en.user.selcrs???
SBI Life Insurance India's First and Only Multi-lingual Life Insurance website:  English | हिन्दी | বংলা | தமிழ் | తెలుగు | मराठी | ગુજરાતી | ಕನ್ನಡ | ਪੰਜਾਬੀ | മലയാളം
Call Toll Free 1800 22 9090 SMS 'CELEBRATE' to 56161
Find us on :  Twitter  Facebook
   
Online Plans
Home > Online Plans > SBI LIFE - eWealth Insurance

SBI LIFE - eWealth Insurance
(UIN : 111L100V01)

(Product Code : 1Q)
 
Introduction
Key Features
Product Snapshot
Benefits
 
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
"The Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of fifth year"
 
 
Introduction:
 
First, you put in a lot of effort in creating wealth, and then, in ensuring that your accumulated wealth grows at a sustainable rate. Enhancing your wealth is as important as earning it. As you make efforts to create wealth, you can count on our expertise to grow it sustainably, by investing in SBI Life - eWealth Insurance plan, a non-participating Online Unit Linked Insurance plan.

The plan allows you to avail market linked returns, hassle-free, through its feature – Automatic Asset Allocation (AAA). The AAA feature allows you to enhance the upside potential of your investment during the initial policy years, by taking a higher exposure to Equity and lower the down side potential of your investment as the policy approaches the end of its term; by gradually increasing the exposure to less-risky instruments like Debt or Money Market Instruments.
 
Key Features:
   
Hassle free investment management through Automatic Asset Allocation.
 
Choice of two plans options - Growth and Balanced.
 
Premiums starting as low as Rs 10,000 for yearly mode and Rs. 1,000 for monthly mode.
 
No Premium Allocation Charges, thereby enhancing your Fund Value.
 
Easy and Simple 3 Step Online Buying Process.
 
Twin benefits of Life Insurance Cover and Market Linked Returns.
 
Liquidity through Partial Withdrawal(s) from 6th policy year onwards.
 
Get Sec 80C benefit on your premiums paid, as well as Sec 10(10D) benefit on the maturity amount, subject to conditions.
 
Product Snapshot:
 
Age#  at Entry Min: 18 years
Max: 50 years
Maximum Age#  at Maturity 60 years
Policy Terms 10 to 20 years (both inclusive)
Premium Payment Frequency Yearly & Monthly
Premium Payment Term Same as Policy Term
Premium Range (X 100)
Premium Mode Premium Range
Minimum Maximum
Yearly Rs 10,000 per annum Rs 1,00,000 per annum
Monthly Rs 1,000 per month Rs 10,000 per month
Sum Assured 10 x Annualized Premium
#All the references to age are age as on last birthday.
 
 
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 the Fund Value or Sum Assured## is payable; with a minimum of 105% of total premiums paid till the date of intimation of death.
 
Tax Benefits*:
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: http://www.sbilife.co.in/sbilife/content/21_3672#5 . Please consult your tax advisor for details.
 
## Net of partial withdrawals
 
For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.

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.
 
Buy Policy Online
  Login Area
  Go
   NAVs
  Click here to view the latest Unit Values & Newsletters >>
  Services
  Premium Calculator
  Retirement Planner
  Child Education Planner
  Tax Calculator
SBI | SBI Online Banking | SBI General Insurance | SBI Card | SBI AMC | SBI Capital | SBI Global Factors | SBI DFHI Ltd
State Bank of Bikaner and Jaipur | State Bank of Hyderabad | State Bank of Mysore | State Bank of Patiala | State Bank of Travancore
IRDAI | Consumer Education Website by IRDAI | Life Insurance Council | SFIN Codes | Privacy Policy | Disclaimer | Do Not Call
IRDAI Registration no. 111 issued on 29th March 2001.
Trade logo displayed above belongs to State Bank of India and is used by SBI Life under license.
Registered & Corporate Office: SBI Life Insurance Co. Ltd, Natraj, M.V. Road & Western Express Highway Junction, Andheri (East), Mumbai - 400 069.
CIN: U99999MH2000PLC129113
2016 SBI Life Insurance Company Limited. All rights reserved.