UIN: 111N083V11
Product Code: 22
A traditional, non-participating immediate annuity plan
Lifetime income with Balance Capital2 Refund: Annuity is payable at a constant rate throughout the life. On death, the Balance capital (in case positive) will be paid.
Lifetime income with Annual Increase of 3% or 5%: Annuity payout increases at a simple rate of 3% or 5% p.a. for each complete year and is payable throughout the life of the annuitant. All future annuity payouts cease immediately on death and the contract terminates
Lifetime income with certain period of 5, 10, 15 or 20 years and life thereafter:
Life Annuity (Two lives): The annuity payout will continue at a constant rate, throughout the life of the annuitants. You may choose from below options:
For more risk factors, terms and conditions of the SBI Life – Annuity Plus, read the following documents carefully.
NW/22/ver/01/01/22/WEB/ENG