UNIT LINKED PLANS

SBI Life - Saral Maha Anand (UIN : 111L070V01)

(Product Code : 50)

Brochure | Customized Benefit Illustrator | Email | Ask for a Visit | For NRIs
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
Mortality Rates for SBI Life - Saral Maha Anand Introduction Key Features Product Snapshot Benefits Rider Brochures
Introduction:   SBI Life - Saral Maha Anand is a product created just for you, which will pleasantly surprise you with its sheer simplicity and convenience! It is a unit linked non participating Life Insurance Plan, which lets you manage your investments according to your risk appetite, giving you the power to realise market related returns on your policy. You can choose your required Life Insurance cover subject to a minimum and maximum limit.
Key Features:
•	No medical examination, Simple joining process#.
•	Liquidity through Partial Withdrawals.
•	Guaranteed Additions## of up to 30% of one annual premium, for a 20 year policy term, subject to the Policy being in force till the maturity date.
•	Option to avail additional rider benefit under SBI Life - Accidental Death Benefit Linked Rider (UIN: 111A019V01)
•	4 Fund options, to enjoy market related returns as per your risk appetite.
•	Twin Benefit of Market linked returns & insurance cover.
Product Snapshot
Age at Entry ^ Minimum: 18 years      Maximum: 55 years   Max. Age at Maturity 65 years     Policy Term 10 years / 15 years / 20 years Minimum Premium Amounts (x100) Yearly          : Rs. 15,000/- Half-yearly  : Rs. 9,500/- Quarterly     : Rs. 5,500/- Monthly        : Rs. 2,000/- Maximum Premium Amounts (x100) Yearly           : Rs. 29,000/- Half-yearly   : Rs. 14,500/- Quarterly      : Rs. 7,200/- Monthly         : Rs. 2,400/- Premium Modes Yearly / Half-yearly / Quarterly / Monthly*** Sum Assured Minimum: Age below 45 years :    10 × AP Age 45 years or above : 7 × AP Maximum: 20 × AP Partial Withdrawals Upto 15% of Fund Value can be withdrawn each year, from 6th year onwards, subject to conditions. One partial withdrawal is free in a policy year. Tax Benefits** Under Sec. 80C and  Sec. 10(10D) of Income Tax Act,1961
^ All the references to age are age as on last birthday ** Tax benefits are subject to change in tax laws. Please consult your tax advisor for details. *** For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT
Benefits:
•	Maturity Benefit: On completion of Policy Term, Fund Value will be paid.
•	Death Benefit: Higher of the Fund Value or Sum Assured* is payable; with a minimum of 105% of total basic premiums paid* till the time of death.
•	Rider Benefits:
	•	Accidental Death Benefit Linked Rider: Provides additional death benefit if the death occurs as a result of an accident.
Tax Benefits
•	Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured.
•	Tax exemption under Section 10(10D) is available, subject to the premium not exceeding 10% of the sum assured in any of the years during the term of the policy.
•	Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details.
Rider Brochures:
•	SBI Life - Accidental Death Benefit Linked Rider
# No medical underwriting if no adverse declaration is made in the proposal form by the policyholder ## For any partial withdrawal done, the guaranteed addition shall be reduced proportionately. * Net of partial withdrawals.
For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale

UNIT LINKED PLANS

SBI Life - Unit Plus® Super (UIN : 111L069V01)

(Product Code : 49)

Brochure | Customized Benefit Illustrator  | Email  |  Ask for a Visit  |  For NRIs
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER
Mortality Rates for SBI Life - Unit Plus Super
Introduction Key Features Product Snapshot Benefits Rider Brochures
Introduction:   SBI Life – Unit Plus Super is a flexible non participating Unit linked insurance Plan, specially designed to meet your changing requirements at various stages of life. With a wide array of funds, riders and other options, this product gives you the complete freedom to fulfill all your investment and insurance needs. And that’s not all; we now also offer you guaranteed additions and choice of payment options, giving you far superior value.
Key Features:
•	Guaranteed Additions# of up to 75% of one annual regular premium on a regular premium policy, for a 30 year policy term, subject to the Policy being in force till the maturity date.
•	No Policy Administration fee for first 5 years for Regular and Limited Premium Paying Term (LPPT) plans, thereby boosting your fund value
•	No Premium Allocation Charge from 11th year onwards
•	Guaranteed Additions starting as early as 10th policy year onwards
•	Enhanced investment opportunity through 9 varied Fund Options including P/E Managed Fund, Index Fund & Top 300 Fund
•	Option to pay Regular/Limited/ Single Premium; Switch or Redirect your premiums
•	Flexible product with an option to increase/decrease your Sum Assured from 6th year onwards
•	Life Insurance coverage, with minimum Sum Assured, based on your age
•	Liquidity through Partial Withdrawals.
•	Option to customize the product with a wide range of riders: SBI Life - Criti Care 13 Rider (UIN: 111A018V01), SBI Life - Accidental Death Benefit Linked Rider (UIN: 111A019V01), SBI Life - Premium Payor Waiver Benefit Rider (UIN: 111A017V01) and SBI Life - Income Sustainer Rider (UIN: 111A020V01).
Product Snapshot
Age at Entry* Min: 7 years Max: 65 years Age at Maturity 75 years Policy Term Min. Term: For Regular Premium (RP) -10 yrs, 15 to 30 years (both inclusive) For Limited Premium Payment Term (LPPT) - 10 yrs, 15 to 30 years (both inclusive) For Single Premium (SP) - 5 years Max. Term: For Regular/Limited/Single Premium Option – 30 years Premium Payment Term For Regular Premium – Same as Policy Term For Limited Premium Payment Term (LPPT) - Policy Term PPT 10 year 5 or 8 years 15-30 years 5 or 8 or 10 years For Single Premium – Single Payment Premium Amount (X 100) Minimum  Maximum For  RP     Rs. 30,000       Rs. 1,50,000 For LPPT Rs. 40,000  Rs. 1,50,000 For SP  Rs. 65,000 Rs. 1,50,000 Premium Modes Single /Yearly Sum Assured Minimum:  For Regular Premium (RP) & LPPT - For Ages  below 45 yrs : Higher of {10 * Annual Premium (AP)  or (0.5 * Term * AP)} For Ages  45yrs & above: Higher of {7 * AP  or (0.25 X Term X AP)} For Single Premium (SP) - For Ages  below 45 yrs: 1.25 * SP For Ages  45yrs & above: Fixed - 1.25 * SP Maximum: Particulars For Regular Premium For Limited Premium For Single Premium Entry Age Below 45 yrs 45 yrs & above Below 45 yrs 45 yrs & above Below 45 yrs Sum Assured 20 * AP 20 * AP 20 * AP 15 * AP 5 * SP
* All the references to age are age as on last birthday.
Benefits:
•	Maturity Benefit: On completion of Policy Term, Fund Value will be paid.
•	Death Benefit: Higher of the Fund Value or Sum Assured## is payable; with a minimum of 105% of total basic premiums paid## till the time of death.
•	Rider Benefits:
	•	Criti Care 13 Rider: Provides lump sum amount to take care of 13 Critical Illnesses which include Cancer, Coronary Artery Bypass Graft Surgery, Heart Attack, Heart Valve Surgery, Kidney Failure, Major Burns, Major Organ Transplant, Paralysis, Stroke, Surgery of Aorta, Coma, Motor Neurone Disease and Multiple Sclerosis
	•	Accidental Death Benefit Linked Rider: Provides additional death benefit if the death occurs as a result of an accident.
	•	Premium Payor Waiver Benefit Rider: In the event of the death of the Proposer, the cover for the Life Assured under the base policy continues and the future premiums under the base policy, payable during the rider term, will be paid by the Company.
	•	Income Sustainer Rider: Provides additional benefit in the case of death or in the case of Total & Permanent Disability due to Accident or Sickness, whichever is earlier. A 25% of income sustainer benefit sum assured is paid upfront and 1% of income sustainer benefit sum assured is paid monthly in arrears for 10 years or till the end of the base policy term (capped at a maximum of 30 years) whichever is higher.
•	Tax Benefits:
	•	Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured. Tax deduction under Section 80 (D) is available for premiums paid towards Criti Care 13 Rider.
	•	Tax exemption under Section 10(10D) is available, subject to the premium not exceeding 10% of the sum assured in any of the years during the term of the policy.Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details.
Rider Brochures:
SBI Life - Accidental Death Benefit Linked Rider
SBI Life - Criti Care 13 Rider
SBI Life - Income Sustainer Rider
SBI Life - Premium Payor Waiver Benefit Rider
Note: Index Fund (SFIN : ULIF015070110INDEXULFND111) Top 300 Fund (SFIN : ULIF016070110TOP300-FND111) P/E Managed Fund (SFIN : ULIF021080910P/EMNGDFND111) # For any partial withdrawal done, the guaranteed addition shall be reduced proportionately. ## Net of partial withdrawals.
For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.

How Insurance Market Operates

ABOUT INSURANCE:

 How Insurance Market Operates:

What is insurance?

 Insurance is a contract between the insurance company (insurer) and the policyholder (insured). In return for a consideration (the premium) the insurance company promises to pay a specified amount to the insured on the happening of a specific event.

 

How Insurance Market Operates

Chapter 1