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| SWADHAN;
SBI LIFE INSURANCE |
Introduction:
Happiness and security for your family
is what you want. However life has its
uncertainties and risks. All that youre
interested in is how best to afford a
secure future for your loved one
Have you ever wished for a low premium
insurance policy that not only provides
security to your loved ones but also returns
back the premium paid.
Key Features:
Protection at affordable premium.
Guaranteed
refund of basic premium paid on Survival
at the end of the term, depending upon
the term of the policy.
Life cover comes to you at no cost**
Tax benefit u/s 80 C and 10 (10 D) of
IT Act*
5% rebate for Female lives
Rebate on High Sum Assured
Flexible
benefit premium paying mode
Free look period of 15 days
*Please consult your tax advisor for details.
** Conditions Apply
Product type:
It's a Traditional Term Assurance Policy
with refund of part/total basic premium
paid at the end of the term to the policyholder.
How does it work?
You can take a cover ranging from 5-10
years. In the unfortunate event of death,
the nominee would receive the entire sum
assured as a lump sum payment.
If you survive the entire term, you would
be eligible to a refund of premiums depending
upon the term of policy. For example,
if your policy is for 5 years, you'd be
eligible for refund of 50% of the total
premiums paid; for 6 years, the refund
would be 60%, and so on. Hence , if you've
taken a policy for 10 years, you'd receive
100% of your premiums back as refund.
Benefits:
MATURITY BENEFIT:If you survive for the
entire term of the plan, you would be
eligible to a refund of the premiums depending
upon the term of the policy.
Term %age
of Basic Premium refunded
5 years 50%
6 years 60%
7 years 70%
8 years 80%
9 years 90%
10 years 100%
DEATH BENEFIT: In the event of claim,
your nominee would receive full Sum Assured.
What is the policy term?
Minimum Years : 5 years
Maximum Years : 10 years
Riders available
No riders available.
For more details on risk factors, terms
and conditions please read the sales brochure
carefully before concluding a sale.
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