IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

eWealth Plus

Lasting Protection That Empowers Lives

Buy Now

Growth and Certainty Combined 

Know about SBI Life - eWealth Plus

UIN: 111L147V01 | Product Code: 3R

Security with Life Cover

 

Flexible Investment Options

Simple 3-Step Online Buying Process

Know Your Life Insurance Plan

Features

Life Coverage: With SBI Life - eWealth Plus, the life coverage benefit ensures that your loved ones are financially secure when circumstances require. Your family can pursue their aspirations with confidence, knowing their tomorrow stays secure
 
Flexible Investment Strategies: SBI Life - eWealth Plus plan offers two investment strategies: growth strategy for those seeking high equity exposure and long-term returns, and active involvement for those who wish to take a hands-on approach to manage their funds. Our product allows you to choose the strategy that best aligns with your financial goals and risk tolerance, adapting as your life evolves.
 
Automatic Asset Allocation: Available under the Growth Strategy, SBI Life - eWealth Plus features an automatic asset allocation mechanism, which ensures that your funds are balanced and adjusted according to changing market conditions. This removes the need for constant oversight, allowing you to maintain your focus on what brings meaning to your life
 
Flexible Fund Selection: SBI Life - eWealth Plus gives you access to 12 unit-linked funds under the Active Strategy, ranging from equity to debt to balanced funds. This wide range of choices lets you customise your portfolio based on your specific needs, risk appetite, and long-term financial objectives. This gives you the confidence to build wealth as per your family's needs and aspirations.
 
Simple Three-Step Online Process: SBI Life - eWealth Plus plan features a streamlined, easy-to-follow three-step process to get started. The straightforward online process ensures that you begin your planning for wealth creation and coverage with clarity.
 
Nominal Premium Payments: With nominal premiums SBI Life - eWealth Plus makes it easy to secure your family's tomorrow. The transparency in the premium structure ensures that you receive the most value for your contribution while securing what you are building for your family
 
Partial Withdrawals From 6th Policy Year: From the 6th policy year onwards, you can make partial withdrawals from your accumulated fund value. SBI Life - eWealth Plus offers you the flexibility to respond to financial needs as they arise while your long-term wealth continues to aim for market-linked growth.
 
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. Please consult your Tax advisor for details

Advantages

Security: With SBI Life - eWealth Plus,your family is protected by a life insurance cover that provides a financial safety net regardless of market fluctuations. You have the confidence that your loved ones’ future is prioritized, enabling you to focus on your goals while we manage your portfolio’s market-linked potential
 
Flexibility: SBI Life - eWealth Plus offers a customisable strategy that aligns with your risk tolerance and financial goals. Whether you are focused on stability or growth, this plan responds to your changing circumstances. You navigate your financial journey with flexibility and purpose at every stage.
 
Simplicity: The fully digital process of SBI Life - eWealth Plus makes securing your tomorrow straightforward. This streamlined approach lets you begin your wealth creation journey freeing your time for what brings meaning to your days.
 
Affordability:With premiums starting at ₹3,000 per month and no Premium Allocation charges, SBI Life - eWealth Plus offers Life coverage for your loved ones while managing your budget thoughtfully.
 
Liquidity: From the 6th policy year onwards, SBI Life - eWealth Plus provides the freedom to make partial withdrawals from your accumulated fund value. This enables you to respond to present needs while your long-term plans progress steadily.

Plan Benefits

Maturity Benefit (applicable only for in-force policies):

On completion of the Policy Term, Fund Value will be paid.
 
Death Benefit (applicable only for in-force policies):

The highest of Fund Value (as on the date of intimation of the death claim to the company or Sum Assured less #Applicable Partial Withdrawal or 105% of Total Premiums Paid^ up to the date of death) is payable to the beneficiary.

#Applicable Partial Withdrawals are equal to partial withdrawals, if any, in the last 2 years immediately preceding the death of the Life Assured.

 

^Total Premiums Paid means the total of all the premiums received under the base product, including top-up premiums paid, if any.

Downloads

For more details on risk factors, terms and conditions of SBI Life – eWealth Plus, read the following documents carefully.

• Product Brochure/Prospectus

• Product Guide

• Policy Document

• Customer Information Sheet (CIS)
 

Who Can Buy?

Age# at Entry Minimum: 5 Years Maximum: 50 Years
Age# at Maturity Minimum: 18 Years Maximum: 65 Years
Policy Term Minimum: Regular Pay -10 Years /Limited Pay - 15 Years Maximum: 30 Years
Premium Payment Mode Regular Pay / Limited Pay
Premium Payment Frequency Yearly & Monthly
Premium Payment Term Regular Pay: Same as Policy Term / Limited Pay: 7 & 10 Years
Premium Range Premium Payment Frequency Premium Range
Minimum Maximum
Yearly ₹36,000 per annum No Limit, Subject to Board approved Underwriting Policy
Monthly ₹3,000 per month
Sum Assured Annualized Premium^X10

# Age mentioned in this document is age as on last birthday

^Annualized Premium is the premium amount payable in a year excluding taxes, rider premiums and underwriting extra premium on riders, if any

 

Note:

In case life assured is a minor, policy term should be chosen appropriately so that the life assured is at least a major as on the maturity date.

Frequently Asked Questions

To buy SBI Life - eWealth Plus online, visit the official SBI Life website, select the SBI Life - eWealth Plus plan, fill in your personal details, choose your premium and investment options, and pay the premium. Once done, e-sign the proposal form, and receive a confirmation email with your policy details. In just a few steps, you've taken an important stride towards securing your family's tomorrow.

SBI Life - eWealth Plus is An Individual, Unit-Linked, Non-Participating, Life Insurance, Savings Product that combines life insurance with market-linked investments in equity and debt funds. It is suitable for those who want to invest for long-term growth while ensuring their loved ones remain secure. To learn more about SBI Life - eWealth Plus, contact our experts today.

You can purchase SBI Life - eWealth Plus online by visiting link. All you need to do is select the plan, fill in personal details, choose the premium and investment options, make the payment, and then confirm your application by e-signing the policy. With these simple steps, your planning for financial growth and family protection is established.

SBI Life - eWealth Plus premiums start as low as Rs 3,000 per month. This accessibility enables you to begin building your family's financial security, taking meaningful steps towards the future you envision. Calculate your personalised premium today.

View All

"The Unit Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of fifth year"

 

**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.

 

Various charges such as ‘Fund Management Charges’ etc. are deducted. All the charges except Mortality Charges are subject to revision as per the prevalent Regulations. For the complete list of charges and their workings, please refer the Sales Brochure.

 

Unit Linked Life Insurance products are different from the traditional insurance products and are subject to market risks. 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 only the name of the insurance company and SBI Life – eWealth Plus 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 Funds 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.

 

For more details on risk factors, terms and conditions please read 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 .
WT/3R/ver1/02/26/WEB/ENG