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UIN: 111N136V01
Product Code: 2Z
*Survival Income is inclusive of Guaranteed Survival Income & Non-Guaranteed Survival Income (Cash Bonus), if declared. The Guaranteed Survival Income will be payable from the end of Premium Payment Term (PPT) and Non-Guaranteed Survival Income (Cash Bonus), if declared will be payable from the end of 7th Policy Year till Death / Maturity / Surrender whichever is earlier, provided all due premiums have been paid.
**SBI Life - Accidental Death Benefit Rider(UIN:111B015V03) and SBI Life - Accidental Total & Permanent Disability Benefit Rider(UIN:111B016V03).
SBI Life Smart Lifetime Saver
Name(Assured):
DOB(Assured):
Gender(Assured):
Male Female Third GenderDiscount:
Staff Non StaffSum Assured
Premium frequency
Premium amount
Premium Payment Term
Policy Term
Maturity Benefit
At assumed rate of returns** @ 4%
*You may be eligible for Income Tax benefits as per the applicable income tax laws in India, which are subject to change from time to time. You are advised to consult your tax advisor on applicable tax benefits under the policy.
#The Guaranteed Survival Income will vary with Premium Payment Terms and Annualized Premium bands.
##Annualized premium is the premium amount payable in a year chosen by the policyholder, excluding the applicable taxes, underwriting extra premiums, rider premiums and loadings for modal premiums, if any
^Guaranteed Sum Assured on Maturity is defined as the Total Annualized Premiums payable under the policy.
*Guaranteed Survival Income and Interim Non-Guaranteed Survival Income is applicable for the year in which death occurs.
#Interim Non-Guaranteed Survival Income is equal to Interim Cash bonus rate, if declared, multiplied by the Basic Sum Assured.
Total Premiums paid/received/payable means total of all the premiums received, excluding any extra premium, any rider premium and applicable taxes.
Sum Assured on Death is Death Benefit Multiple (DBM) multiplied by the Annualized Premium. DBM is based on age at entry of the life assured.
For more details on risk factors, terms and conditions of SBI Life - Smart Lifetime Saver, read the following documents carefully.
2Z/ver1/11/22/WEB/ENG