155299
SBI Life - Endowment Insurance - India Post Payments Bank
SBI Life - New Smart Samriddhi
With SBI Life - New Smart Samriddhi, get a solution that provides you Guaranteed Additions, which enables you to earn benefits for your loved ones. This product comes with ease of enrolment and prompt processing, to keep your family financially protected.
Key Features:
- Protection: Life cover throughout the policy term.
- Savings through Guaranteed Additions^: Get 141% to 181% of sum of annualized# premiums paid as maturity benefit depending on age and annualized# premium chosen.
- Limited Premium Payment Term: Pay for just 6/7 years and enjoy benefits throughout the policy term of 12/15 years respectively
- Flexibility of Premium Payment: Choose between Yearly or Monthly mode of premium frequency.
- Tax Benefits**: As per the prevailing Norms under Income Tax Act,1961.
** 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 details.
SBI Life – Shubh Nivesh
(Individual Non-Linked Participating Life Insurance Savings Product)
Achieving your family's goals, meeting your growing lifestyle needs and safeguarding your loved ones has always been your priority. Now, enjoy a fulfilling tomorrow with SBI Life-Shubh Nivesh which provides you with protection, savings and a regular income to build a secured financial corpus for life. SBI Life - Shubh Nivesh is an Individual, Non-Linked, Participating life insurance savings product with an option of Whole Life Insurance
Key Features:
- Security for your family, wealth creation and regular flow of income.
- Option to avail whole life insurance which provides Additional Basic Sum Assured on death of the life assured post maturity.
- Two Plan Options: Choose a plan option according to your needs
- Endowment Option: Provides Insurance and Savings.
- Endowment with Whole Life Option: Extend your life cover till 100 years of age in addition to the benefits as mentioned under the endowment option.
- Choice of Single or Regular premium payment
- Regular Income: Option to receive the Basic Sum Assured at regular intervals over a period of 5/10/15/20 years , post maturity
- Additional Protection through Riders at an affordable cost.
** 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.
Click here to download Sales Brochure
To know more, please contact your nearest IPPB Branch/Relationship Manager.
SBI Life – Smart Platina Assure
(An Individual, Non-linked, Non-participating, life endowment assurance savings product)
Fulfil your aspiration to accomplish your dream and achieve your goals independently, while making sure that your loved ones are protected. With SBI Life - Smart Platina Assure, a guaranteed return savings plan that provides life cover for your family and helps to achieve your desired goals in life.
Key Features :
- Assurance of Guaranteed Maturity Benefit^ in lumpsum
- Reliability of Guaranteed Additions# to boost corpus
- Life Cover along with assured return and tax benefit*
Guaranteed Sum Assured on maturity (^) plus accrued guaranteed additions for in-force policies.
#Guaranteed additions are added at a rate on the sum of the annualized premiums paid till date, at the end of each policy year for in-force policies. The Guaranteed Additions will be 5.25% for annualized premium less than Rs. 1,00,000 and 5.75% for annualized premium of Rs. 1,00,000 and above.
*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.
Click here to download Sales Brochure
To know more, please contact your nearest IPPB Branch/Relationship Manager.
Disclaimer - The participation by IPPB’s customer in insurance products is purely on a voluntary basis. There is no ’linkage’ either direct or indirect between the provision of banking services offered by the bank to its customers and use of the insurance products.