ULIP Plan Online - Buy SBI Life eWealth ULIP Policy

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SBI Life - eWealth Insurance

UIN: 111L100V02

Product Code: 1Q

SBI life eWealth insurance - ULIP Plans

Make smart moves to grow your wealth with insurance.

  • Easy online buying process
  • Two plan options
  • Hassle-free investment management
  • Market-linked returns
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Non-Participating Online Unit Linked 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"

Is a cumbersome buying process discouraging you from investing in Unit Linked Insurance Plans?

You can now enjoy the benefits of ULIPs with a simplified, 3-step online buying process. SBI Life - eWealth Insurance, helps you grow your wealth. Avail twin benefits of life insurance cover and of market linked returns on your invested money.
This wealth creation plan offers –
  • Security – cover your family's needs in case of eventuality
  • Affordability – with premiums starting at Rs. 1000 per month
  • Flexibility – to choose between two plan options
  • Simplicity – apply online with ease
  • Liquidity – through partial withdrawals from 6th policy year

With just a few clicks, take your first step towards wealth creation.


SBI life eWealth insurance

non-participating Online Unit Linked Insurance plan

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    • Life coverage
    • Investment management through Automatic Asset Allocation
    • Two plan options - Growth and Balanced
    • Simplified 3 step online buying process
    • Nominal premium payments without any allocation charge
    • Partial withdrawals from 6th policy year



  • Make sure your family is financially independent in case of eventuality
  • Your funds are automatically rebalanced to counter market fluctuations


  • Invest in the plan option of your choice as per your risk appetite


  • Hassle-free online buying process


  • Get market-linked returns for premiums as low as 1,000 per month without any allocation charges


  • Get the freedom to make partial withdrawals to fund any unexpected expenses

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 (Fund Value or Sum Assured or 105% of total premiums paid till date of intimation of death) is payable to the beneficiary. Sum Assured will be reduced to the extent of partial withdrawals made in the last 2 years immediately preceding the death of the Life Assured.
For more details on risk factors, terms and conditions of SBI Life – eWealth Insurance, read the following documents carefully.
# All the references to age are age as on last birthday.
~ For Monthly mode, upto 3 Months premium to be paid in advance and renewal premium payment through Electronic Clearing System (ECS) or Standing Instructions (where payment is made either by direct debit of bank account or credit card).

1Q.ver.01-10-18 WEB ENG

  • Unit Linked Life Insurance Products are different from the Traditional Insurance Products and are subject to risk factors
  • The premium paid in Unit Linked Insurance 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 insured is responsible for his/her decisions
  • SBI Life Insurance Company is the name of the Insurance Company and SBI Life – eWealth Insurance 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 risks and the applicable charges, from your insurance agent or the intermediary or policy document of 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
The Company reserves the right to suspend the allocation, reallocation, cancellation and /or switching of units under extraordinary circumstances such as extreme volatility of assets, extended suspension of trading on stock exchange, natural calamities, riots and other similar events or force majeure circumstances, subject to approval from IRDAI.

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.

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