• Security for your family with a standard term plan at an affordable cost
• Ease of understanding with standard terms and conditions
• Convenience of premium payment options**
• Tax benefits# As per prevailing norms under the Income Tax Act, 1961.

Individual, Non-Linked, Non-Participating, Life Insurance Savings Product with Return of Premium.

While you envision your future, it is necessary to not just have a plan but a support that will empower you. With SBI Life-Saral Swadhan+, you can have both as it safeguards your family with a life cover while providing return of premium, enabling you to build a better life. With SBI Life - Saral Swadhan+ an Individual, Non-linked, Non-participating Life insurance, savings product with return of premium feature, you now have a fixed life cover throughout the policy term with an added advantage of a guaranteed maturity# for in-force & paid-up policies.

*Maturity benefit will be payable provided at least 2 consecutive policy years' premiums have been paid.

Key Features : 

• Protection at an affordable cost: Choose the premium to be paid, accordingly your life cover will be calculated based on your age at entry and the    selected Policy Term 
• Value for Money: Guaranteed Maturity Benefit of 100% or 115% of the total premiums^ paid, for Policy Term 10 years & 15 years respectively. 
• Easy enrolment: Enrolment based on simplified proposal form

^Total Premiums paid is equal to total of all the premiums received, excluding any extra premium and applicable taxes.

Click here to download Sales Brochure 

To know more, please contact your nearest IPPB Branch/Relationship Manager.

An Individual, Non-linked, Non-participating, Life Insurance, savings product with return of premium

In life you thrive to provide more happiness and security to your loved ones. Build a strong foundation to achieve your goals with SBI Life-Smart Swadhan Plus an Individual Non-linked, Non-participating Life Insurance Savings Product which gives you return of premium while protecting your family.

Key Features:

• Protection: In case of any eventuality, financial needs of the family will be taken care-of.
• 100% Return of Premiums: On survival till maturity, the plan returns 100% of total premiums paid^ under the policy.
• Option to pay premiums through a single payment or for a limited period (5, 10, 15 years) or throughout the policy term.
• Flexibility: To choose the period for which you want protection. You can choose the policy term from 10 years to 30 years.
• High Sum Assured Rebate: Discount on premium rates for customers opting for higher level of protection.
• Tax Saving*: As per the prevailing norms under the Income Tax Act, 1961.

^Total premiums paid is equal to total of all the premiums received, excluding any extra premium and applicable taxes.
*Tax Benefits are as per Income Tax Laws and are subject to change from time to time. Please consult your Tax Advisor for 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.