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

Building Value Through Disciplined Coverage

Consistent contributions. Coverage that supports long-term growth.

Know about SBI Life - Smart Invest Builder

UIN: 111L153V01 | Product Code: 4G

Guaranteed Additions

Varied Fund Options

Life Insurance Cover For Financial Security

Know Your Life Insurance Plan

Features

Life Insurance Coverage: SBI Life – Smart Invest Builder provides life insurance coverage throughout the policy term, helping ensure financial continuity for your loved ones.

• Guaranteed Additions*: The plan offers guaranteed additions based on the policy term, with longer durations receiving higher additions to support steady value accumulation.

• Maturity Value Enhancement#: Additional guaranteed additions payable at maturity, contributing to the overall value of your policy.

• These features work together to build value over time.
 
Investment Flexibility: With access to 14 varied fund options and the flexibility to switch and redirect investments, SBI Life – Smart Invest Builder supports changing financial priorities. You can adapt with confidence, keeping your investments aligned with your overall goals.
 
No Policy Administration Charge: SBI Life – Smart Invest Builder has no policy administration charge for the first five policy years, helping maintain efficiency in the early stages of your plan. Your contributions remain invested more fully as your plan begins to take shape.
 
Premium Allocation Charge: No premium allocation charge is applicable from the 11th policy year onwards, supporting long-term value over the policy duration. Your continued commitment is reflected more directly in the growth of your investment over time.
 
Partial Withdrawal Facility: With SBI Life – Smart Invest Builder you can make unlimited partial withdrawals+ from the 6th policy year onwards, offering flexibility to address changing financial needs. This allows you to respond to life’s priorities while supporting your overall journey.
 
Systematic Withdrawal Option: Our plan allows you to opt for fixed monthly payouts through a Systematic Withdrawal Plan (SWP)+ from the 10th policy year, supporting supplementary financial requirements. Your investments can continue supporting you as your needs evolve over time.
 
Rider Options: SBI Life – Smart Invest Builder offers you the option to enhance your coverage by choosing SBI Life - Accident Benefit Rider - Linked & SBI Life – Waiver of Premium Rider – Linked on payment of an additional premium, allowing you to tailor the plan to your needs. This means your coverage can reflect your priorities as they change over time.

*Guaranteed Additions at pre-specified percentage of Annualized Premium, would be made to the Fund Value at the end of 10th policy year and every 5th year thereafter, subject to policy being in-force as on date of proposed addition. Longer the policy term, higher the guaranteed addition. Maximum 150% of guaranteed additions available on selecting the policy term of 30 years under regular pay policies, provided the policy is inforce.

 

#Guaranteed Addition on Maturity at pre-specified percentage (depending on the premium band) of Annualized Premium would be made to the Fund Value at the end of the Policy Term, subject to policy being in-force.

 

+Provided Life Assured is minimum 18 years old as on date of such withdrawal

Advantages

Security: SBI Life – Smart Invest Builder provides life insurance coverage designed to support your family financially in the event of an eventuality. Even as life takes unexpected turns, support for loved ones remains in place.
 
Reliability: The plan supports your financial journey through guaranteed additions that accumulate over time, contributing to steady value growth. Over the years, savings build steadily alongside long-term plans, bringing consistency to financial progress.
 
Flexibility: Our plan allows you to switch your investments across 14 fund options, helping you align your portfolio with changing financial needs. As priorities evolve, investments remain aligned with what matters most.
 
Liquidity: You can make unlimited partial withdrawals^^ from the 6th policy year onwards. The SBI Life – Smart Invest Builder plan also offers a Systematic Withdrawal Plan^^ (SWP) after 10th policy year, providing fixed monthly payouts to support your financial needs. Access to funds remains available when required, while broader financial plans continue without disruption.
 
Tax Benefits&: SBI Life – Smart Invest Builder offers tax benefits as per prevailing tax laws, supporting efficient financial planning. Savings remain aligned with both present requirements and long-term goals.

^^provided the life assured is minimum 18 years old on the date of such withdrawal

&Income tax benefits/exemptions are 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.

Plan Benefits

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.
 
Death 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:

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

- Sum Assured less Applicable Partial Withdrawals (APW)## including withdrawals under Systematic Withdrawal Plan (SWP), if any or.

- 105% of the Total Premiums Paid^ upto the date of death.
 
Tax Benefits: Income tax benefits/exemptions are 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

##APW equals partial withdrawals including withdrawals under Systematic Withdrawal Plan, 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.

Exclusions

Suicide Exclusion:
In case of death of the life assured due to suicide, within 12 months from the date of commencement of the policy or from the date of revival of the policy, as applicable, the nominee or the beneficiary of the policyholder shall be entitled to the fund value, as available on the date of intimation of death. Further any charges other than Fund Management Charges (FMC) recovered subsequent to the date of death shall be added back to the fund value as available on the date of intimation of death.

Downloads

For more details on risk factors, terms and conditions of SBI Life – Smart Invest 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)

• SBI Life - Waiver of Premium Rider - Linked Brochure/Prospectus

• SBI Life - Waiver of Premium Rider - Linked Policy Document

• SBI Life - Waiver of Premium Rider - Linked - Customer Information Sheet (CIS)
 

Who Can Buy?

Age* at Entry Minimum: 0 years (30 days)$$ Maximum: 55 years
Age* at Maturity Minimum: 18 years Maximum: 70 years
Plan Type Regular Pay / Limited Pay
Premium Payment Term (PPT) and
Corresponding Policy Term (PT)		 Plan Type Policy Term (Years) Premium Payment Term (Years)
Regular Pay 15 to 30 (both inclusive) Same as policy term
Limited Pay 15 to 30 (both inclusive) 7 / 10 / 12
20 to 30 (both inclusive) 15
Premium Amount Plan Type Minimum Maximum
Regular Pay ₹ 5,000 per month ₹ 20,000 per month
Limited Pay
Premium Frequency Monthly
Sum Assured 10 × Annualized Premium1
Rider 1. SBI Life - Accident Benefit Rider - Linked (UIN:111A042V01)
• Option A: Accidental Death Benefit (ADB)
• Option B: Accidental Partial Permanent Disability Benefit (APPD)
2. SBI Life - Waiver of Premium Rider- Linked (UIN: 111A049V01)

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

1 Where Annualized Premium is the premium amount payable in a year 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.

Calculate Your Premium

Every chapter of your life comes with its own responsibilities. The right plan grows with you, supporting your goals and the ones you care about.

Based on your age, coverage and policy duration, discover a premium that fits your life.

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Discount

Is the Proposer and Life Assured same?

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Plan Type

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

Premium Frequency

Amount of Instalment Premium
5,000 20,000
  • 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
Flexicap Fund (%)
0 100
LargeCap 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 72,00,000
Premium Paying Term For APPD Rider
15 15
Term For APPD Rider
15 15
APPD Rider Sum Assured
50,000 24,00,000
Sum Assured
₹2,00,00,000
Premium Frequency
Monthly
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.
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Frequently Asked Questions

SBI Life - Smart Invest Builder offers disciplined monthly savings with market-linked returns and life insurance throughout the policy term. With fixed monthly contributions, you can steadily build wealth aligned with your long term goals.

 

The plan also allows unlimited partial withdrawals from the 6th policy year onwards and monthly income through Systematic Withdrawal Plan after the 10th policy year, ensuring flexibility for immediate and additional income needs.

Yes, the SBI Life – Smart Invest Builder plan allows unlimited partial withdrawals from the 6th policy year onwards. You may also opt for systematic withdrawals through a Systematic Withdrawal Plan (SWP) from the 10th policy year, enabling regular monthly payouts. Both partial withdrawal and SWP can be availed provided the life assured is minimum 18 years old on the date of such withdrawal. These features are designed to provide access to funds while keeping your long-term investment structure in place. Our plan ensures that access to funds remains available as needs arise, while your broader financial plans continue steadily. Speak to our experts to know more about how our plan can help you achieve your goals

At maturity, you receive the fund value as on the date of maturity, which will be paid in lump sum. This accumulated value reflects your return performance over the policy duration. The maturity benefit is designed to support your financial goals, whether for planned milestones or future needs. Over time, your investment comes together to support the outcomes you have been planning for you and your loved ones. To know more about the maturity benefit and how it can help you and your loved ones, speak to our experts today.

The plan is available to individuals who meet the specified eligibility criteria, including entry age, policy term, and premium payment requirements as defined in the policy terms. It is designed for those looking to combine life insurance coverage with market-linked investment opportunities while maintaining flexibility in how they plan and invest over time. SBI Life – Smart Invest Builder offers a structured way to begin planning for long-term goals while keeping your financial stability in place. Check your eligibility for the SBI Life – Smart Invest Builder plan with our eligibility calculator today.

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*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.

 

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

 

**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.

 

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 Invest 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.

 

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 rider 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 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.
4G/ver1/09/26/WEB/ENG