SBI Life - Saral Maha Anand | One of the best Life Insurance Policy For Families
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SBI Life – Saral Maha Anand

UIN: 111L070V02

Product Code: 50

Saral Maha Anand Low Premium ULIP Plan

Take simple steps towards a wealth of happiness.

  • Simple joining process
  • Market-linked returns
  • Multiple fund options
  • Assured additions periodically for in-force policies
Unit linked, non-participating life insurance plan

"The Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of fifth year"
 
Unit linked, non-participating life insurance plan

Are high premiums and a cumbersome joining process keeping you from investing in market-linked plans?

SBI Life – Saral Maha Anand can help you.

Gain twin benefits of market-linked returns and security of life insurance cover for your family. With reasonable premiums and no medical examination, the SBI – Life – Saral Maha Anand Plan is affordable and easy to invest in.

This plan offers –
  • Security – to protect your family’s financial future
  • Flexibility – to invest as per your risk appetite
  • Simplicity – hassle-free joining process
  • Affordability – through market-linked returns on small investments
  • Liquidity – with partial withdrawals from 6th policy year

Try the benefit illustrator below, and start taking small steps towards a wealth of happiness.
Life should not only be lived, it should be celebrated!

Highlights

SBI Life Saral Maha Anand

Unit linked, non-participating life insurance plan

Aishwarya, a manager at an IT Firm, invested in her future and ensured her family's financial security with this unit linked plan.

Fill in the form fields below, and enjoy the benefits of SBI Life – Saral Maha Anand Plan.

Name:

DOB:

Gender:

Male Female

Choose your policy term...

Policy Term


A little information about the premium options...

Premium Frequency Mode

Premium Amount

2,000 29,000

Sum Assured Multiplier Factor

7 20

No. of years elapsed since inception


How would you like to split your investment?

Equity Fund (%)

0 100

Bond Fund (%)

0 100

Balanced Fund (%)

0 100

Let's finalize the Rider options...

SBI Life - Accidental Death Benefit Linked Rider (UIN - 111A019V02):

ADB Linked Rider Term

5 20

ADB Linked Rider SA

25,000 50,00,000

Reset

Sum Assured


Premium frequency

Premium amount


Premium Payment Term


Policy Term


Maturity Benefit

At assumed rate of returns** @ 4%


or
@ 8%

Give a Missed Call

Features


 
  • Insurance coverage for your family
  • Three investment fund options
  • Choice of SBI Life – Accidental Death Benefit Linked Rider
  • No medical examination required^^
  • No premium allocation charge from the 11th policy year along with nominal premium payments
  • Liquidity through partial withdrawals from the 6th year onwards
Advantages
Security
  • Secure your family’s financial needs in case of any eventuality

Flexibility

  • Enhance your coverage with SBI Life - Accidental Death Benefit Linked Rider
  • Enjoy the flexibility to allocate your investments as per your risk appetite

Simplicity

  • Enjoy a hassle-free joining process

Affordability

  • Enjoy the potential for wealth creation on small savings
  • Boost your investments with periodic additions subject to policy being in-force.

Liquidity

  • Meet unexpected financial requirements through partial withdrawals from the 6th policy year

Avail tax benefits*

Maturity Benefit:

  • On completion of Policy Term, Fund Value will be paid.

Death Benefit:

  • Higher of the Fund Value or Sum Assured# is payable; with a minimum of 105% of total basic premiums paid till the time of death

Rider Benefits:

  • SBI Life - Accidental Death Benefit Linked Rider (UIN : 111A019V02): Provides additional death benefit, if the death occurs as a result of an accident.

Tax Benefits*


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. Please consult your tax advisor for details.
^All the references to age are age as on last birthday.

50.ver.04-10/17 WEB ENG

**Assumed rates of returns @4% and @8% p. a., are only illustrative scenarios at these rates after considering all applicable charges. These are not guaranteed and they are not higher or lower limits of returns. Unit Linked Life Insurance products are subject to market risks. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans and their future prospects or returns.

Unit Linked Life Insurance products are different from the traditional products and are subject to market risks. The premium paid in Unit Linked policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the policyholder is responsible for his/her decisions.

SBI Life Insurance Co. Ltd. is only the name of the insurance company and SBI Life –  Saral Maha Anand is the name of the unit linked Life insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risk and applicable charges from your Insurance Advisor or the intermediary or the policy document from the insurer.

The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects or returns.

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.

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E-mail us at

info@sbilife.co.in