The promises you make to your loved ones shape the choices you undertake today. SBI Life - Saral Swadhan Supreme is an Individual, Non- Linked, Non-Participating, Life insurance Savings product with Return of Premium offering life cover with complete return of total premiums paid at maturity on survival. The product provides flexible premium payment options, allowing you to choose regular or limited payment terms that align with your circumstances. Your family remains supported while the premiums you pay come back to you, offering the liberty to pursue your goals with clarity. Tax benefits under prevailing laws add value to your planning.
Know about SBI Life - Saral Swadhan Supreme
UIN: 111N139V02 | Product Code: 3F
Your family's well-being and the life you are building both call for thoughtful planning, and SBI Life - Saral Swadhan Supreme addresses both priorities. This is an Individual, Non-linked, Non-Participating Life Insurance Savings Product with Return of Premium, which offers life cover and return of total premiums paid at policy maturity on survival. Your loved ones remain supported while ensuring the premiums you pay come back to you, allowing you to pursue your goals with clarity. Ease of issuance and premium payment flexibility, with regular or limited premium payment term , make coverage accessible. The SBI Life - Saral Swadhan Supreme plan adapts to every chapter of your life, supporting you through each transition. The product offers enhanced Protection with Optional Accident Benefit Rider when circumstances require additional support. Those who depend on you remain supported while you build for tomorrow, creating a foundation where stability and aspirations come together.
Life Insurance Cover issuance with ease
100% of Total Premiums Paid Back as Maturity Benefit
Flexible Premium Payment Options
Know Your Life Insurance Plan
Features
Protection: Your family's future remains a priority in every decision you make. With SBI Life - Saral Swadhan Supreme, you provide coverage at an accessible cost, bringing clarity and assurance about their well-being.
Convenience: Thoughtful planning helps you ensure continued financial support for your loved ones even as life brings unexpected events. Flexible premium payment options allow you to choose how and when to pay, based on what suits your preferences. Coverage continues throughout the policy term, adapting as your circumstances change.
Flexibility: SBI Life - Saral Swadhan Supreme lets you choose your policy term, ensuring your coverage aligns with your long-term goals. Whether securing your family's future or planning for bigger milestones, the plan adapts to your unique vision.
Maturity Benefit: Plan that adapts as needs change over time. At the end of your SBI Life - Saral Swadhan Supreme policy term, you receive the 100% of total premiums paid#. This makes your goals more attainable while your loved ones remain secure.
Enhanced Protection: With the SBI Life Accident Benefit Rider$, SBI Life - Saral Swadhan Supreme gives you an extra layer of security for your family. You can navigate life's journey with greater assurance and confidence.
Tax Benefits: You may be eligible for Income Tax benefits as per the applicable income tax laws in India, which are subject to change from time to time. You are advised to consult your tax advisor on applicable tax benefits under the policy.
#Total Premiums Paid means total of all the premiums paid under the base product, excluding any extra premium and taxes, if collected explicitly
$SBI Life – Accident Benefit Rider (UIN: 111B041V01), Option A: Accidental Death Benefit (ADB) and Option B: Accidental Partial Permanent Disability Benefit (APPD).
Advantages
Security: With SBI Life - Saral Swadhan Supreme, you ensure that your family can continue to live comfortably, even during unexpected times. This advantage means your loved ones remain secure while you pursue your goals. The life cover provides lasting coverage, allowing your family to maintain the lifestyle you've built together with confidence and dignity.
Reliability: In SBI Life - Saral Swadhan Supreme. the total premiums paid# are returned on maturity which enables progress towards your aspirations while supporting financial stability over time. Your commitment to security returns to you at maturity, creating opportunities for the milestones you have envisioned. This combination rewards your dedication while keeping your family secure throughout the policy term.
Flexibility: As life evolves, your financial plan can keep pace with changing needs. SBI Life - Saral Swadhan Supreme offers flexible policy terms and premium payment options, helping you plan for long-term goals while managing present financial commitments. The plan adapts to meet your needs at every chapter of life, supporting you through every transition.
Plan Benefits
Death Benefit (Applicable only for in force policies):
In the unfortunate event of death of the Life Assured during the policy term,Sum Assured on Death will be payable to the beneficiary in lumpsum.
Sum assured on death will be higher of:
• Basic Sum Assured or*
• 11 times of Annualised Premium^ or
• 105% of the Total Premiums Paid# upto the date of death.
Maturity Benefit (Applicable only for in force policies):
On survival of the Life Assured till the end of policy term, 100% of the total premiums paid# during the policy tenure, shall be paid in lump sum.
*The basic sum assured is the absolute amount of benefit chosen by the policyholder at the inception of the policy.
^Where, Annualized premium shall be the premium amount payable in a year, chosen by the excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums.
#Total Premiums Paid means total of all the premiums paid under the base product, excluding any extra premium and taxes, if collected explicitly.
Downloads
For more details on risk factors, terms and conditions of SBI Life - Saral Swadhan Supreme, read the following documents carefully.
Half-Yearly: 51.00% of annual premium Monthly: 8.5% of annual premium
Premium Amount
Premium Frequency
Minimum
Maximum
Yearly
₹8,050
₹2,18,500
Half-yearly
₹4,106
₹1,11,435
Monthly
₹684
₹18,573
Rider
SBI Life Accident Benefit Rider: (UIN: 111B041V01)Option A: Accidental Death Benefit (ADB)Option B: Accidental Partial Permanent Disability Benefit (APPD)
* Age mentioned in this document is age last birthday on the date of proposal
** LPPT – Limited Premium Payment Term / RP – Regular Premium
Calculate Your Premium
Every chapter of your life comes with its own responsibilities. The right life insurance plan grows with you, supporting your goals and the ones you care about.
Based on your age, coverage, premium payment term and policy duration, discover a premium that fits your life.
Frequently Asked Questions
SBI Life - Saral Swadhan Supreme is available to anyone between age 18 and 50 years. With its premium return feature, it serves individuals at every point in life, from those just starting out to those nearing retirement planning their golden years. The returned premiums provide financial support when circumstances require, while life coverage ensures those you care for remain secure throughout your journey.
Yes. When you enrol for SBI Life - Saral Swadhan Supreme, you can customise your coverage with policy term ranging from 10 to 30 years. You also have the option to pay premiums regularly or for a limited- period of time 7, 10, or 15 years. This flexibility ensures your plan adapts to your circumstances and goals.
Yes, you can opt for SBI Life – Accident Benefit Rider (UIN: 111B041V01) for enhanced protection. This rider offers two benefit options. You can choose any one or both the benefit options. The benefit option(s) once chosen cannot be changed later.
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 riders please read the rider 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. For further details click here.