Page 25 - Life Insurance Today FEBRUARY 2016

Smart Swadhan
Plus

from SBI Life Insurance

Introduction: premiums paid, as well as Section 10(10D) benefit on the maturity amount,
subject to conditions.
SBI Life introduces Smart Swadhan
Plus, an Individual Non-linked Non- Product Snapshot:
participating Term Assurance with
Return of Premium Plan, to meet your Age* at Entry Min: 18 years Max: 65 years
need of insurance, with the added
advantage of getting your total basic Maximum Age at Maturity 75 years
premiums paid back on maturity,
provided the policy is in-force. Sum Assured (in multiples Min: Rs.5,00,000 Max: No Limit, subject to
of Rs. 1000) underwriting the proposal
What's more, you can also choose the
premium payment option, according Policy Term Min: 10 years Max: 30 years
to your needs.
Premium Payment Options 5 Plan Types: Single Premium (SP), Limited
Key Features: Premium Payment Term (LPPT) -5, LPPT-10,
LPPT- 15 and Regular Premium (RP)
Twin benefits:-
a. Protection - Life insurance Premium Paying Term Single payment, 5 years, 10 years, 15 years
coverage against any (PPT) and Same as policy term
eventuality
Availability of Policy Term Premium Payment Policy Term
b. 100% Return of Premiums - Available
In case of survival till maturity, for Any Chosen Premium Option
returns Total Basic Premiums 10 - 30 years
Paid under the Policy. Payment Option SP

Option to pay premiums through LPPT-5 10 - 30 years
a single payment or for a limited
period (5, 10, 15 years) or LPPT-10 15 - 30 years
throughout the policy term.
LPPT-15 20 - 30 years
Flexibility to choose the period for
which you want protection. You RP 10 - 30 years
can choose from policy term 10
years to 30 years. Premium Frequency Single, Yearly, Half-Yearly, Quarterly and
Monthly**
High Sum Assured Rebate - Get
Discount on premium rates, for Premium Frequency Half-Yearly: 52.00% of annual premium
customers opting for higher level Loading Quarterly: 26.50% of annual premium
of protection
Monthly: 8.90% of annual premium
Get Section 80C benefit on your
Premium Premium Minimum Maximum
Life Insurance Today Frequency

Single Rs. 21,000 No Limit

Yearly Rs. 2,300

Half-yearly Rs. 1,200

Quarterly Rs. 650

Monthly Rs. 250

February 2016 25

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