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

Smart Fortune Builder

Fortune That Grows, Coverage That Endures

Buy Now

Growth and security, designed to work together.

Know about SBI Life – Smart Fortune Builder

UIN: 111L142V01 | Product Code: 3M

Guaranteed Additions based on the Policy Term

Life Cover to secure loved ones

Market-linked returns through 12 varied fund options

Know Your Life Insurance Plan

Features

Life Insurance Coverage: SBI Life – Smart Fortune Builder helps you build wealth and a tomorrow where your loved ones can achieve their cherished aspirations. Life coverage supports your family throughout the policy term, keeping their goals within reach. SBI Life – Smart Fortune Builder helps you pursue your aspirations with confidence, knowing your family is secure.
 
Guaranteed Additions: Longer policy periods mean more savings. These guaranteed additions ac-cumulate over time, strengthening the financial foundation you are building. From your child's edu-cation to meaningful family milestones, these additions support the journey ahead.
 
Guaranteed Addition on Maturity: Further strengthen your financial future with a guaranteed addi-tion on maturity with SBI Life – Smart Fortune Builder. This additional benefit rewards your commit-ment, helping you embrace new chapters and possibilities as your policy matures.
 
Enhanced Investment Opportunity: Shape your financial destiny with SBI Life – Smart Fortune Buil-der. Choose from 12 diverse funds that align with your unique needs and risk comfort level. This fle-xibility ensures your contributions reflect your evolving financial goals. As your priorities grow, your plan adapts with you.
 
Partial Withdrawals: Financial needs can arise when you least expect them. SBI Life – Smart For-tune Builder lets you access your funds from the 6th policy year onwards. This gives you the chance to respond to what life brings while your wealth creation stays on course.
 
Enhanced Coverage Option: Strengthen your security. SBI Life – Smart Fortune Builder offers optional rider for wider coverage. These additional layers provide deeper support during critical mo-ments, ensuring your family remains secure as life unfolds.
 
Putting You First: Pay zero policy administration charges for the first 5 years for Regular Pay and Limited Pay policies, alongwith no premium allocation charge from 11th year onwards. This means your premium amount supports your wealth creation, maximising what goes towards your family's tomorrow. Your money works directly for the life you are shaping together.
 
Tax Benefits: Tax benefits, are as per the provisions of the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for further details.

Advantages

Dual Benefits of Insurance and Market-linked: SBI Life – Smart Fortune Builder com-bines the security of life coverage with the potential to grow your wealth. Your loved ones remain secure while your financial aspirations take shape, allowing you to pursue your goals with confi-dence and assurance.
 
Customizable Investment Strategy: Personalize your financial growth as per your risk appetite with 12 different fund options to choose from. SBI Life – Smart Fortune Builder adapts to your unique journey, whether you prefer steady growth or bolder opportunities. This flexibility ensures your con-tributions evolve alongside your life's changing priorities and ambitions.
 
Partial Withdrawals: Financial emergencies can arise anytime. Make partial withdrawals to fulfil your financial obligations after the completion of the lock-in period. SBI Life – Smart Fortune Builder provides this access while preserving your long-term wealth creation. Your future planning remains in place even as you respond to urgent needs.
 
Tax Benefit: Tax benefits, are as per the provisions of the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for further details.
 
Security: When circumstances require, your family's financial security stays ensured. SBI Life – Smart Fortune Builder stands beside your loved ones, ensuring they can continue their journey with dignity and pursue their aspirations. This enduring coverage means the life you have built together remains intact, allowing your family to progress with confidence.

Plan Benefits

Life Cover Benefit

In case of death of the Life Assured during the Policy Term, provided all due premiums are paid till date of death, the beneficiary will receive the highest of the following:

• Your Fund Value as on the date of intimation of the death claim to the Company or

• Sum Assured less Applicable Partial Withdrawals (APW)# or

• 105% of the Total Premiums Paid^ upto the date of death
 
Maturity Benefit

On survival of the Life Assured up to maturity provided the policy is in-force, the Fund Value as on the date of maturity shall be payable in lump sum.

#APW equals partial withdrawals, if any, in the last 2 years immediately preceding the death of the Life Assured.

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

Downloads

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

• Product Brochure/Prospectus

• Product Guide

• Policy Document

• Customer Information Sheet (CIS)

• SBI Life – Accident Benefit Rider – Linked Brochure/Prospectus

• SBI Life – Accident Benefit Rider – Linked Policy Document

• SBI Life - Accident Benefit Rider - Linked Customer Information Sheet (CIS)
 

Who Can Buy?

Age* at Entry Minimum: 2 years$$ Maximum: 55 years
Age* at Maturity Minimum: 18 years Maximum: 70 years
Plan Type Regular Pay / Limited Pay / Single Pay
Premium Payment Term (PPT) and
Corresponding Policy Term (PT) 		Plan Type Policy Term (Years) Premium Payment Term (Years)
Regular Pay 15 to 30 Same as policy term
Limited Pay 15 to 30 7 / 10 / 12
20 to 30 15
Single Pay 5 to 30 One time payment at policy inception
Premium Amount Plan Type Minimum (₹) Maximum (₹)
Regular Pay ₹ 40,000 p.a. ₹ 2,50,000
Subject to Board Approved Underwriting Policy
Limited Pay ₹ 50,000 p.a.
Single Pay ₹ 65,000
Premium Frequency Single / Yearly
Sum Assured Plan Type
Regular Pay & Limited Pay 10 × Annualized Premium1
Single Pay 1.25 × Single Premium2
Rider SBI Life - Accident Benefit Rider (UIN:111A042V01)
Option A: Accidental Death Benefit (ADB)
Option B: Accidental Partial Permanent Disability Benefit (APPD)

* All the references to age are age as on last birthday.

For more details on Riders, terms and conditions, exclusions, please read rider sales brochure.

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

2.Single Premium means the premium amount payable in lump sum at policy inception excluding taxes, rider premiums and underwriting extra premium on riders, if any

$$In case of minor lives, policy term should be appropriately chosen so as to ensure that at the time of maturity life assured should be a major. In case of minor lives, date of commencement of policy and date of commencement of risk shall be same.

Various charges such as ‘Premium Allocation Charges’, ‘Policy Administration Charges’, ‘Fund Management Charges’ etc are deducted. All the charges except Premium Allocation Charges and Mortality Charges are subject to revision with the prevalent Regulations

For the complete list of charges and their workings, please refer the Sales Brochure.

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.

Select Your Gender

Discount

Plan Type

Policy Term
15 30
  • Agency
  • Corporate Agent
  • Broker
  • IMF
  • Web Aggregator
  • Online
  • Direct Marketing

Premium Frequency

Premium Amount
40,000 2,50,000
  • 15 Years
Equity Fund (%)
0 100
Equity Optimiser Fund (%)
0 100
Bond Fund (%)
0 100
Money Market Fund (%)
0 100
Corporate Bond Fund (%)
0 100
Pure Fund (%)
0 100
Top 300 Fund (%)
0 100
Growth Fund (%)
0 100
Balanced Fund (%)
0 100
Bond Optimiser Fund (%)
0 100
Midcap Fund (%)
0 100
Bluechip Fund (%)
0 100
Allocation total: 0% Must add to 100%
Premium Paying Term For ADB Rider
15 15
Term For ADB Rider
15 15
ADB Rider Sum Assured
50,000 12,00,000
Premium Paying Term For APPD Rider
15 15
Term For APPD Rider
15 15
APPD Rider Sum Assured
50,000 4,00,000
Sum Assured
₹2,00,00,000
Premium Frequency
Yearly
Premium Payment Term
10 Years
Policy Term
10 Years
Maturity Benefit
10 Years
**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.
Invalid OTP entered.
The e-mail address entered is invalid.

Frequently Asked Questions

A Life Insurance Wealth Plan, such as SBI Life – Smart Fortune Builder, also known as a Unit-Linked Insurance product (ULIP), combines the security of life coverage with the potential of market-linked growth. This gives you both assurance and the opportunity to build your wealth. It allocates your savings in funds that match your comfort level with risk. On maturity, you receive the sum as-sured. Your family will be cared for with a death benefit, ensuring they can continue their journey with security and dignity.

SBI Life– Smart Fortune Builder is , an Individual, Unit-Linked, Non-Participating, Life insu-rance Savings product that combines the security of life cover with the opportunity to grow your savings through carefully chosen funds for investments. To know more about SBI Life– Smart For-tune Builder and how it can help you, contact our experts today.

The SBI Life– Smart Fortune Builder product offers a range of features designed to help you build wealth, with several charges that support the plan’s long-term benefits. These include:

  • Premium Allocation Charges: These are applicable in the initial policy years and are structured to help you start strong.
  • Policy Administration Charges: Starting from the sixth year, these charges are deducted monthly to maintain the smooth running of your policy.
  • Fund Management Charges: An annual charge (up to 1.35%) applies to the funds you invest in, ensuring active management of your portfolio.
  • Mortality Charges: These cover life insurance protection, ensuring your family is supported in case of unforeseen circumstances.

SBI Life– Smart Fortune Builder is for anyone who wants life insurance and wealth creation to go hand in hand. For long-term investors seeking to build wealth over time, SBI Life – Smart Fortune Builder presents the ideal opportunity, offering 12 diverse funds to choose from, enabling you to align your investments with your risk appetite and financial objectives. Check your eligibility for SBI Life– Smart Fortune Builder here link.

You may be 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 more information. Please consult your tax advisor for further details

The minimum age for entry into SBI Life – Smart Fortune Builder is 2 years old, with the maximum age of entry being 55 years. Check your eligibility for SBI Life– Smart Fortune Builder here link.

View All

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/ insured is responsible for his/her decisions.

SBI Life Insurance Co. Ltd. is the name of the insurance company and SBI Life – Smart Fortune Builder 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 risk and the 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. 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.

&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 may be 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.

For more details on risk factors, terms and conditions of riders please read rider sales brochure carefully before concluding a sale.
WT/3M/ver1/02/26/WEB/ENG