
SBI Life – Smart Income Protect
An Individual,Non-linked, participating life insurance savings product
An Individual,Non-linked, participating life insurance savings product
Your dreams and responsibilities, both keep changing at various points of life. With SBI Life-Smart Income Protect, you can enjoy a regular income which will help you accomplish both the major and minor milestones while safeguarding your family's financial stability
Key Features :
- Dual features of Insurance Cover and Regular Income.
- Guaranteed annual payouts*
- Enhance your coverage through three rider options at a nominal cost
Features
- Life cover throughout the policy term
- Vested reversionary bonuses plus terminal bonus, if any, paid as lump sum at maturity
- Annual income of 11% of Basic Sum Assured over a period of 15 years after maturity
- Policy term of 7, 12 or 15 years
- Three rider options
Advantages
Security
- Ensure your family’s financial needs are met
Reliability
- Regular annual income to meet your obligations, with an option to receive the same as a lump sum, at maturity
Flexibility
- Choose the policy term based on your financial needs
- Enhance your coverage through three rider options at an nominal cost
- SBI Life - Preferred Term Rider
- SBI Life - Accidental Death Benefit Rider
- SBI Life - Accidental Total and Permanent Disability Benefit Rider