Group Immediate Annuity Plan | Gaurav Jeevan - SBI Life
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SBI LIFE - GAURAV JEEVAN

UIN: 111N076V01

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Group Immediate Annuity Plan

A group immediate annuity plan.

  • Immediate annuities for members
  • Simple joining process
  • Flexible option with Income protection on death
Non-linked, non-participating group annuity plan

Are you looking to ensure that your members are receiving a regular and reliable income?

We have a solution for you, SBI Life – Gaurav Jeevan Plan is designed exclusively for the Central Government, State Government, Government Enterprises, and their agencies. These government agencies can purchase their annuity liability in respect of annuity payments for compensation to land owners whose land is being acquired.

SBI Life – Gaurav Jeevan offers –
  • Security – by transferring the liability of your annuity payments
  • Reliability – through ensuring members’ have a fixed income
  • Flexibility – with various annuity options to choose from

Transfer your annuity liability to us and put your worries to rest.

Highlights

SBI Life Gaurav Jeevan Insurance Plan

Non-linked, non-participating group annuity plan

Features


 
  • Efficient risk management by professional fund managers
  • Immediate annuities for members
  • Two options to choose from – level temporary annuity with income protection on death and increasing temporary annuity with income protection on death
  • Choice of selecting annuity frequency

Advantages

Security

  • Transfer the management of your annuity liabilities
  • Members enjoy the protection of a fixed income

Reliability

  • Fixed income benefits for your group members, enabling them to maintain their financial independence

Flexibility

  • Choose the periodicity of annuity payment
  • Choice of two annuity options
  • 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

The plan benefits would depend on the annuity options selected.
For more details on risk factors, terms and conditions of SBI Life – Gaurav Jeevan, read the following documents carefully.
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For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.

*Tax Benefits:
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.
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 here. Please consult your tax advisor for details.