Role of Need Assessment in Financial Planning

My Personal Details

Gender*

Date of Birth*

DD

MM

YYYY

00

Age

Marital Status*

No. of Children

My Financial Details

CONSERVATIVE MODERATE AGGRESSIVE

Inflation Rate

The output of the Need Analysis Calculator will be calculated with the assumed inflation Rate and Risk Appetite.

Income*

Monthly

Yearly

Expenses* (Excluding EMI & Rent)

Monthly

Yearly

Current Life Insurance Coverage

Outstanding Home Loan

Other Loan

Current Corpus saved for retirement
(Excluding EMI & rent)

Monthly

Expected Retirement Age

Post Retirement Lifestyle

Saving Goals

Buy a Home Corpus already saved*
(For home)

Monthly

No.of Years to buy a home

Current Cost*

Other Goals
(Wealth Creation,Car,Vacation etc.) Corpus already saved*

Monthly

No.of Years to realise other goals

Current Cost*

Child's Future Planning

Enter Your 1 Child Name

Enter Your 1 Child Age

My Child's education need

Corpus already saved for education

Current cost for education

Age at which education fund is required

My Child's marriage need

Corpus already saved for marriage

Current cost for marriage

Age at which marriage fund is required

Enter Your 2 Child Name

Enter Your 2 Child Age

My Child's education need

Corpus already saved for education

Current cost for education

Age at which education fund is required

My Child's marriage need

Corpus already saved for marriage

Current cost for marriage

Age at which marriage fund is required

Enter Your 3 Child Name

Enter Your 3 Child Age

My Child's education need

Corpus already saved for education

Current cost for education

Age at which education fund is required

My Child's marriage need

Corpus already saved for marriage

Current cost for marriage

Age at which marriage fund is required

Target Life Insurance coverage 9000000

Current Coverage 2000000

Gap to target Coverage 7500000

Retirement

Target Life Insurance coverage 95923371

Current Coverage 95923371

Gap to target Coverage 0

Child Future

Target Life Insurance coverage 95923371

Current Coverage 95923371

Gap to target Coverage 0

Insurance with Saving

Target Life Insurance coverage 8405000

Current Coverage 1175000

Gap to target Coverage 7275000

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Need Assessment

My Personal Details

My Financial Details

Retirement Planning

Saving Goals

Child's Future Planning

Protection

Retirement

Child Future

Insurance with Saving

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS/FRAUDULENT OFFERS

Dear Customer, SBI Life Insurance always keeps you informed about latest products and services which are beneficial to you. However, we have come across instances with misleading websites with similar domain names and URLs as SBI Life thereby misleading our valuable customers. We have also come across some instances where there were some unsolicited calls made in the name of SBI LIFE INSURANCE CO LTD and misleading e-mails have been sent by some vested interests in the name of SBI Life Insurance Company Ltd using misleading domains. SBI Life Insurance Co Ltd disowns all these fake, fraudulent and misleading calls and e-mails. We understand the importance of keeping your personal information secure and confidential. Please note that these phishing (fake) e-mails and vishing (fake) calls are threat to your financial security. (Phishing is a fraudulent attempt, usually made through email, phone calls, SMS etc seeking your personal and confidential information) Please follow these simple steps to ensure that your personal information is secure and confidential.
Dos
•	Check website authenticity: Our Official Corporate website is www.sbilife.co.in and our official web domains are sbilife.co.in, sbi-life.com, sbilife.com, onlinesbilife.com, ebandhan.net. Any other website with domain name other than those mentioned above is not an authentic web entity of SBI Life Insurance
•	Check e-mail authenticity: Reply to an e-mail, only if it is received from the domains - sbilife.co.in or sbi-life.com. Please do not respond to e-mails received from any other email IDs and domain names, as the same may be fraudulent/phishing (fake) e-mails
•	Check call authenticity: Any call that solicits to get your personal financial information like your policy no., bank account details, your password, etc is not from SBI Life Insurance
•	Make online transactions only on secured websites with 'https' and has a padlock symbol rather than 'http' in the address bar
Don'ts
•	Do not share your confidential information like password, customer-id, date of birth, credit card number, etc on e-mail or on a phone call, even if it is from a trusted source like your insurer, IRDAI, Income Tax Department, Bank, Credit Card Company, etc
•	Do not handover your credit card or disclose your CVV or PIN number to anyone
In case you find any website with other domain names, get any suspicious call / SMS / e-mail, please report back immediately to us on info@sbilife.co.in or call at 1800 267 9090.

SBI Life Insurance is an ISO 22301 certified Insurance Company for its Business Continuity Management System (BCMS). Our BCMS addresses the safety of our employees and enables the company to restore critical business operations to the minimum agreed level in the event of any contingency. Our BCMS aims:

•	To prepare people to manage potential emergencies
•	To restore critical business operations to the minimum agreed level within the recovery point objective (RPO), recovery time objective (RTO) and minimum business continuity objective (MBCO)
BCM comprises of three primary elements:

•	Disaster Prevention: Implementation of mitigation measures to increase organizational resilience by reducing the probability and impact of disasters
•	Emergency Response: Planning and preparing to manage the disaster
•	Resumption and recovery: Planning and preparing for post disaster activities
SBI Life shall endeavor to continually improve the suitability, adequacy and effectiveness of the BCMS.