Endowment Assurance Policy India, Savings Plan | SBI Life Smart Platina Assure
close

By pursuing your navigation on our website, you allow us to place cookies on your device. These cookies are set in order to secure your browsing, improve your user experience and enable us to compile statistics  For further information, please view our "privacy policy"

SBI Logo

Join Us

Tool Free 1800 22 9090

SBI Life – Smart Platina Assure

UIN: 111N126V02

Product Code: 2K

SBI Life Smart Platina Assure - Endowment Assurance Policy

Our Promise. Assured Returns.

  • Premium payment for 6 or 7 years
  • Choice of monthly or yearly payments
  • Guaranteed Additions^ of 5.50% to 6.00% at the end of each policy year
  • Tax Benefits*
Calculate Premium
A Non-linked,Non-participating,life endowment assurance savings product

You have accomplished what you had aimed for and are a true champion. You take smart decisions to ensure that you always stay one step ahead in life.

A smart choice for champions like you is choosing the right savings plan which can minimise risk and assure a guaranteed return while providing life insurance.

We at SBI Life understand this and are pleased to Introduce SBI Life - Smart Platina Assure, an individual, non-linked, non-participating,life endowment assurance savings product which assures guaranteed returns with an advantage of paying premiums for a limited term. This smart endowment life insurance product will ensure that your money works harder while you work hard for your family and also give you peace of mind.

This endowment plan offers:
  • Security – protection for your loved ones in the case of an eventuality
  • Flexibility – choose between monthly or yearly premium payments
  • Simplicity – easy online application process
  • Reliability – through guaranteed additions

Highlights

SBI Life Smart Platina Assure

SBI Life - Smart Platina Assure

Buy Online Calculate Here

Aryan has invested his funds while being assured of its growth with just limited premium payments.

You too can secure your future with SBI Life - Smart Platina Assure. Fill in the form fields below to know how

Name:

DOB:

Gender:

Male Female

Discount:

Staff Non-Staff

Kerala Resident:

Yes No

Let's finalize the policy duration you are comfortable with...

Policy Term

Annual Premium

50,000 No Limit

A little information about the premium options...

Premium Frequency

Premium Payment Term


Buy Online Reset

Sum Assured


Premium frequency

Premium amount
(excluding taxes)


Premium Payment Term


Policy Term


Maturity Benefit

Give a Missed Call

Features

  • Get Life cover along with Assured return
  • Enjoy Guaranteed Additions^ of 5.50% to 6.00% at the end of each policy year
  • Pay for just 6 or 7 years and enjoy the benefit throughout the policy term of 12 or 15 years respectively
  • Option to choose Monthly or Yearly premium payment frequency, as per convenience
  • Get tax benefits* as per the prevailing norms under the Income Tax Act, 1961
*Tax benefits, are as per the provisions of the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for further details.

Advantages

 
 
 

Security

  • Financial protection that ensures your family’s security in the event of the death of the Life Assured.

Flexibility

  • Monthly and yearly payment options for added convenience.

Simplicity

  • Provides you with an easy application process for hassle-free issuance

Reliability

  • Guaranteed Additions^ based on the annual premium, at the end of each policy year

^Guaranteed Additions


Guaranteed additions as per the table below are added at a simple rate on the sum of the annual premiums ^^ paid till date, at the end of each policy year for in-force policies.



Guaranteed addition amount = Rate of Guaranteed additions X cumulative premiums paid excluding applicable taxes, underwriting extra premiums and loading for the modal premium.
 
Annual Premium less than Rs. 1,00,000 Annual Premium greater than or equal to Rs. 1,00,000
5.50% 6.00%


^^ Annual Premium shall be chosen by the policyholder, excluding applicable taxes underwriting extra premiums and loadings for modal premiums, if any

Maturity Benefit (For In-force policies):

 

Guaranteed Sum Assured on maturity plus Accrued Guaranteed additions, as applicable.

 

Death Benefit (For In-force policies):

 

In the unfortunate event of the death of the Life Assured, ‘Sum Assured on Death’ along with accrued Guaranteed Additions, if any, will be payable to the beneficiary.

 

Where, Sum Assured on Death is higher of 10 times the Annualized Premium* or 105% of total premiums paid upto the date of death.

 

*Annualized premium shall be premium payable in a policy year chosen by policyholder, excluding applicable taxes underwriting extra premiums and loading for modal premiums, if any.

For more details on risk factors, terms and conditions of SBI Life – Smart Platina Assure, read the following documents carefully.
**All the references to age are age as on last birthday.

2K.ver.01-07-19 WEB ENG

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.

Call us toll free at

1800-103-4294(Available from 8:30 am to 9:30 pm )

SMS EBUY

SMS EBUY

56161