SBI Life - Smart Elite | High Income Individual Insurance Plan
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 Elite

UIN: 111L072V02

Product Code: 53

Smart Elite ULIP Plan

For privileged few who seek maximum from life

  • Wide range of funds
  • Twin protection cover options
  • Flexible premium payments
Unit Linked, Non Participating 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"
Are you seeking solutions to propel your wealth creation efforts? Do you prefer greater flexibility in managing your investments?

We have the solution you are looking for.

Exclusively crafted for HNIs (High Net-worth Individuals), SBI Life – Smart Elite allows you to maximize your savings through market-linked returns and features that empower you with greater control in managing your investment portfolio.

SBI Life – Smart Elite offers:
  • Security – ensuring your family’s financial protection
  • Flexibility – to pay premiums for a limited term or single payment, and choose from a wide range of funds
  • Liquidity – with partial withdrawals from the 6th policy year

Fill in your details in the Benefit Illustrator below and see how you can benefit from this plan.
Seek only the best in every sphere of your life!

Highlights

SBI Life – Smart Elite Plan

Unit Linked, Non Participating Insurance plan

Manpreet, a businesswoman by profession, can maximize her wealth by investing in instruments of her choice while securing her family’s financial future.

Fill in the form fields below and enjoy the benefits of SBI Life – Smart Elite.

Name:

DOB:

Gender:

Male Female

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

Policy Term

5 20

Plan Type

LPPT
SP

A little information about the premium options...

Premium Frequency Mode

Premium Amount

12,500 250000000

Sum Assured Multiplier Factor

1.10 20

Select Plan

Platinum
Gold

Premium Payment Term Option

No. of years elapsed since inception

5 20

How would you like to split your investment?

Equity EliteFund II (%)

0 100

Balanced Fund (%)

0 100

Bond Fund (%)

0 100

Money Market Fund (%)

0 100

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

  • Dual protection options available – Gold option and Platinum option
  • Inbuilt Accidental Benefit Cover
  • Limited and single premium payment options
  • Switch and redirection facility to pilot your investments
  • Partial withdrawals from 6th policy year

Advantages

Security

  • Safeguard you family financially in the case of any eventuality

Flexibility

  • Choose premium payment plans according to your requirements
  • Modify your investment plan as per changing market conditions

Liquidity

  • Meet any unexpected expenses with partial withdrawals from 6th policy year

Avail tax benefits*

Maturity Benefit:


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

Death Benefit:

  • For Gold Option:
Higher of Fund Value or Sum Assured# is payable; with a minimum of 105% of total premiums paid till the time of death.
  • For Platinum Option:
Fund Value plus Sum Assured is payable; with a minimum of 105% of total premiums paid till the time of death.

In-built Benefit:

  • Accidental Death and Accidental Total and Permanent Disability (Accident Benefit):
Provides an additional benefit for Accidental Death or Accidental TPD

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 here. Please consult your tax advisor for details.

# Net of partial withdrawals For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.
For more details on risk factors, terms and conditions of SBI Life – Smart Elite, read the following documents carefully.
* All the references to age are age as on last birthday.

53.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 – Smart Elite 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.

Call us toll free at

1800 22 90 90(Available from 9:00 am to 9:00 pm everyday)

E-mail us at

info@sbilife.co.in