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 Life – Smart Platina Assure
UIN: 111N126V05
Product Code: 2K
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 minimize 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/li>
- Reliability – through guaranteed additions
Highlights
SBI Life - Smart Platina Assure
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 howName:
DOB:
Gender:
Male Female Third GenderStaff:
Yes No
Sum Assured
Premium frequency
Premium amount
(excluding taxes)
Premium Payment Term
Policy Term
Maturity Benefit
Features
- Get Life cover along with Assured return
- Enjoy Guaranteed Additions^ of 5.75% & 6.25% at the end of each policy year
- Pay for just 7 or 10 years and enjoy the benefit throughout the policy term of 15 or 20 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
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 annualized premium, at the end of each policy year
^Guaranteed Additions
Guaranteed additions as per the table below are added at a rate on the sum of the annualized 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.
| Annualized Premium less than Rs. 1,00,000 | Annualized Premium greater than or equal to Rs. 1,00,000 |
| 5.75% | 6.25% |
^^ Annualized premium shall be premium payable in a year 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 year chosen by policyholder, excluding applicable taxes underwriting extra premiums and loading for modal premiums, if any.
2K/ver2/09/23/WEB/ENG
*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. For further details click here. Please consult your tax advisor for details.