Introduction:
 
SBI Life – Sanjeevan Supreme is a traditional Saving Plan with added advantage of life cover and guaranteed cash inflow at regular intervals tailored to suit all your needs and requirements. This plan is designed for individuals who want to plan for various financial obligations at specified times in life. It provides you with financial support for fulfilling all your long term and short term goals. Further, it offers you a life cover for the term of your choice and that too without burdening you premium payment for the entire term.
  

The plan has a number of moneyback options specially suited to your needs.

The cover is available at competitive premium rates.

It has guaranteed cash inflows which can meet your various financial obligations.
 

You can pay off all premiums over a short period of time and be free from paying premiums for the rest of the policy term, while enjoying all the benefits for the entire policy term.
 

Enjoy the benefits of bonus additions for the entire term of the policy.
 

Convenient premium payment options: Single and Multiple premium payment.
 

Maturity Benefit
At the end of the growth period, you would receive guaranteed payout in 5 years or 10 years, depending on the plan option chosen by you. The bonuses declared by the company get accumulated for the entire term of the plan and you would receive total bonus along with the final installment of Survival benefit.
 

Death Benefit
In the unfortunate event of death during the term of the plan, the nominee would receive sum assured + vested bonuses, besides receiving of the survival benefit already paid.
 

Exclusions applicable to the Basic cover
Suicide within the first year.