SBI Life - Smart Wealth Builder | Lowest Premium ULIP Policy
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SBI Life – Smart Wealth Builder

UIN: 111L095V01

Product Code: 1K

Smart Wealth Builder ULIP Plan

More insurance. More flexibility. More return.

  • Assured additions
  • Enhanced investment options
  • Life insurance coverage
  • Flexible premium payment options
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"
 
Have you invested your money in a channel that provides you with the flexibility to manage your funds?
It’s time to start investing today to reap the benefits tomorrow. With SBI Life – Smart Wealth Builder, avail the benefit of enhanced investment opportunity by investing in one or many investment funds. Enjoy the security of life cover for your family in case of an unfortunate event. Also, get assured additions based on the term of the policy.

This plan offers –
  • Security – to financially protect your family in the case of an eventuality
  • Reliability – through periodic assured additions#
  • Flexibility – to manage the invested money as per your choice
  • Liquidity – through partial withdrawals from 6th policy year or 18 years of age

Try our benefit illustrator below to see how you can build your wealth smartly.
Build wealth and live the life you earned.

Highlights

Smart Wealth Builder ULIP Plan

Unit linked, non-participating, insurance plan

Jeet, a 35-year-old, can now enjoy his financial independence and protect his family’s future with this unit linked plan.

Enter your details in the form fields below to see how you too can enjoy your financial freedom with SBI Life – Smart Wealth Builder.

Name:

DOB(Assured):

Gender:

Male Female

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

Plan Type

Policy Term

5 30

A little information about the premium options...

Premium Frequency

Yearly
Single

Premium Amount

30,000 3,00,000

Premium Payment Term

Sum Assured Multiplier Factor

10 20

No. of years elipsed since inception

5 30

How would you like to split your investment?

Equity Fund (%)

0 100

Top 300 Fund (%)

0 100

Equity Optimiser Fund (%)

0 100

Growth Fund (%)

0 100

Bond Fund (%)

0 100

Balanced 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

  • Life coverage
  • Assured additions (Conditions Apply#)up to 125% of one annual regular premium for a longer term
  • Options to increase or decrease the sum assured, premium payment frequencies from 6th policy year onwards
  • Enhanced investment opportunity through 7 varied funds and the flexibility for switching and redirection
  • Partial withdrawals from 6th policy year or 18 years of age
# Assured Additions at the specified percentages for RP, LPPT & SP, will be given at the end of 10th policy year and every five years thereafter for policies which are in- force

Advantages

Security

  • Ensure your family’s financial protection in the case of an eventuality

Reliability

  • Grow your money through assured additions#

Flexibility

  • Adjust your plan according to your financial sensibilities
  • Switch your investments among seven funds to suit your changing investment needs

Liquidity

  • Make partial withdrawals in the case of a financial emergency

Avail tax benefits*

Maturity Benefit:
Applicable only for in-force policies):
  • On completion of Policy Term, Fund Value will be paid.
Death Benefit:
Applicable only for in-force policies): Higher of the Fund Value or Sum Assured## is payable; with a minimum of 105% of total basic premiums paid till the date of intimation of death.

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 Wealth Builder, read the following documents carefully.
* All the references to age are age as on last birthday.
#Guaranteed Additions at the specified percentages for RP, LPPT & SP, will be given at the end of 10th policy year and every five years thereafter for policies which are in- force.
^ In case of minor lives, policy term should be appropriately chosen so as to ensure that at the time of maturity life assured should be a major. In case of minor lives, date of commencement of policy and date of commencement of risk shall be same
Various charges such as ’Premium Allocation Charges’, ’Policy Administration Charges’, ’Fund Management Charges’ etc are deducted. For the complete list of charges and their workings, please refer the Sales Brochure.
 

1K.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 Wealth Builderis 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