Smart Wealth Assure | Best Single Premium ULIP Policy | SBI Life Insurance
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SBI Life - Smart Wealth Assure

UIN: 111L077V03

Product Code: 55

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SBI Life Smart Wealth Assure Premium Details

Make a one time
payment for a
lifet ime of
achievements.

An Individual, Unit-linked, Non Participating Life Insurance Product

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

Life becomes more meaningful when you can add to your happiness at every stage. Now, you have the power to stand out by achieving more with SBI Life - Smart Wealth Assure which grows your wealth and secures your family by just paying once

Key Benefits :
  • Market linked returns through choice of varied funds as per risk appetite
  • Wealth creation through Single Premium Payment
  • Flexibility to opt for additional Accidental Death Benefit Option

Highlights

SBI Life Smart Wealth Assure

Unit linked non-participating Life Insurance Plan

Satvinder, a businessman, can enjoy market-linked returns without the long-term commitment to pay premiums for years thanks to this unit linked plan.

Change the form fields below to see how you too can avail of the benefits of SBI Life – Smart Wealth Assure.

Name:

DOB:

Gender:

Male Female

Staff:

Yes No

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

Policy Term

10 30

A little information about the premium options...

Premium Amount

50000 500000000

Sum Assured Multiplier Factor

1.10 5

No. of years elapsed since inception

10 30

How would you like to split your investment?

Equity Fund (%)

0 100

Bond Fund (%)

0 100

Balanced Fund (%)

0 100

Bond Optimiser Fund (%)

0 100

Money Market Fund (%)

0 100

Corporate Bond Fund (%)

0 100

Pure Fund (%)

0 100

Let's finalize the rider options...

Accidental Death Benefit (ADB) option:

Accidental Death Benefit (ADB) option Sum Assured

25000 5000000

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

 

  • Market-linked returns along with insurance cover
  • One-time premium payment
  • Liquidity through Partial Withdrawal(s)
  • Option to choose from a mix of funds providing Market Linked Returns
  • Option to customize the product with Accidental Death Benefit Option

 

Advantages

 

Security

  • Ensure your family’s financial protection

Flexibility

  • Choose between seven funds to suit your risk appetite and your changing investment needs
  • Get comprehensive coverage by availing the Accidental Death Benefit option

Affordability

  • Continue to receive benefits throughout the policy term with just a single payment

Liquidity

  • Make partial withdrawals from the 6th policy year to fulfill any unforeseen expenses
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.

Accidental Death Benefit Option:

Provides additional death benefit if the death occurs as a result of an accident.

Sum Assured## Net of partial withdrawals

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

NW/55/ver1/02/22/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 risk factors . The premium paid in Unit Linked policies are subject to market 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/ insured is responsible for his/her decisions.

SBI Life Insurance Co. Ltd. is the name of the insurance company and SBI Life – Smart Wealth Assure is only 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 the 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. Past performance of the Fund Options is not indicative of future performance. All benefits payable under this policy are subject to tax laws and other fiscal enactments in-effect from time to time, please consult your tax advisor for details.

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 may be 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.