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 market linked returns on your invested money and the security of life cover.
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.
Unit Linked Plan
SBI Life - eWealth Insurance
Automatic Asset Allocation
non-participating Online Unit Linked Insurance plan
# All the references to age are age as on last birthday.
~ For Monthly mode, 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).
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 – eWealth Insurance 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 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.