INDIVIDUAL PLANS

Unit Linked Plans

Introduction:

Unit Linked Insurance Plans are long term investment cum protection plans that offer you an
opportunity of availing market linked returns while providing life insurance protection. Depending on
your risk appetite, you have the option of choosing from host of funds having varied degree of risk
exposure. Flexibility and transparency are some of the other attractive features that make ULIPs an
attractive long term investment option.

To help you fulfill your long term dreams, SBI Life presents you a wide range of ULIPs so that you
continue to Celebrate Life!

SBI Life - Smart Performer SBI Life - Unit Plus Super

A Non-participating Unit Non-participating Unit Linked
Linked Life Insurance Plan Life Insurance Plan

SBI Life - Saral Maha Anand SBI Life - Smart Elite

A Non - participating Unit A Non-participating Unit Linked
Linked Life Insurance Plan Life Insurance Plan

SBI Life - Smart Scholar

A Non - participating Unit
Linked Life Insurance Plan

SBI Life - Smart Performer

Introduction:

The equity market may have its ups and downs, but you now have a protective shield that will safeguard your
investments, while providing upside potential. SBI Life brings you ’Smart Performer’, a unique Unit Linked, Non
Participating insurance product that offers you the twin benefits of ’Higher than the Highest’ of the daily NAV
Guarantee and the prospect of market upside. What’s more, it also allows you to protect your gains through
Automatic Rebalancing facility and offers you a choice of Single and Limited Premium Payment options.

Key Features:

• Guarantee at maturity based on ’5% Higher than Highest Guaranteed NAV’ during the first seven years
or prevailing NAV at Maturity, whichever is higher, subject to conditions#.
 • Enjoy the best of both worlds - Guarantee only or Guarantee and Market Upside through our unique
Plan offerings - ‘Secure Plan’ and ‘Secure N Grow Plan’ respectively
• ‘Automatic Rebalancing’ to Lock-in your gains
• Convenience through single premium (SP) or 5 year Premium Paying Term (PPT)
• Life Insurance coverage with minimum Sum Assured of 10 times or 7 times of your Annualised
Premium (AP), based on your age.
• Liquidity through Partial Withdrawal(s)
• Option to customize the product with Accidental Death Benefit
• Attractive Tax benefits under the Income Tax Act, 1961, subject to conditions **

Product Snapshot

Age at Entry* Min: 9 years Max: 65years

Age at Maturity Max: 75 years

Premium Payment Term SP or 5 years

Yearly Rs 50,000
Minimum Limited Premium Amounts (X
Half-yearly Rs 44,000
100)
Quarterly Rs 36,000
Monthly Rs 20,000

Rs 60,000
Minimum Single Premium (X 100)
No limits
Maximum Limited/Single Premium
Amounts

Policy Term 10 years from the start of the subscription period.

Premium Modes Single / Yearly / Half-yearly / Quarterly / Monthly

Sum Assured Age/PPT For 5 yr PPT For SP

Minimum Maximum Minimum Maximum

Below 45 Yrs 10 * AP 20*AP 1.25*SP 5*SP

Between 7 * AP 20*AP 1.25*SP 5*SP

45yrs & 60yrs

61 yrs and 7 * AP 7 * AP 1.25*SP 1.25*SP

above

Plan Options 2 Plan Options:

1. Secure Plan - All your funds would be invested in the Daily
Protect Fund
2. Secure N Grow Plan - 80% of your funds would be invested in the
Daily Protect Fund and 20% would be invested in the Index Fund

* All the references to age are age as on last birthday.

Benefits:

• Maturity Benefit: On completion of Policy Term, Maturity Value will be paid.

 Maturity value for the Daily Protect Fund will be calculated based on NAV which is higher of:
• Prevailing NAV as on date of Maturity OR
• Higher than Highest Guaranteed NAV: There will be an increment of 5% to the Highest NAV
achieved during the first seven years under the ‘Daily Protect Fund’.

• Death Benefit: Higher of the Fund Value or Sum Assured## is payable; subject to a minimum of 105%
of the total premiums paid## at the time of death. The death benefit is payable only for inforce policies.

• Accidental Death Benefit Option: Accidental Death Benefit: Provides additional death benefit if the
death occurs as a result of an accident.

#
The Guaranteed NAV is applicable only in respect of the Daily Protect Fund and shall be available only at maturity, and
shall be further subject to the Policy being in force till the maturity date. Guarantee charge of 0.50% p.a. of Daily Protect
Fund value, would be recovered from the fund (through cancellation of units) to provide the NAV guarantee.

SBI Life - Unit Plus® Super

Introduction:

SBI Life – Unit Plus Super is a flexible non participating Unit linked insurance Plan, specially designed to meet your
changing requirements at various stages of life. With a wide array of funds, riders and other options, this product
gives you the complete freedom to fulfill all your investment and insurance needs. And that’s not all; we now also
offer you guaranteed additions and choice of payment options, giving you far superior value.

Key Features:

• Guaranteed Additions# of up to 75% of one annual regular premium on a regular premium policy,
for a 30 year policy term, subject to the Policy being in force till the maturity date.
• No Policy Administration fee for first 5 years for Regular and Limited Premium Paying Term
(LPPT) plans, thereby boosting your fund value
• No Premium Allocation Charge from 11th year onwards

• Guaranteed Additions starting as early as 10th policy year onwards

• Enhanced investment opportunity through 9 varied Fund Options including P/E Managed Fund,
Index Fund & Top 300 Fund
• Option to pay Regular/Limited/ Single Premium; Switch or Redirect your premiums

• Flexible product with an option to increase/decrease your Sum Assured from 6th year onwards

• Life Insurance coverage, with minimum Sum Assured, based on your age

• Liquidity through Partial Withdrawals.

• Option to customize the product with a wide range of riders: SBI Life - Criti Care 13 Rider (UIN:
111A018V01), SBI Life - Accidental Death Benefit Linked Rider (UIN: 111A019V01), SBI Life -
Premium Payor Waiver Benefit Rider (UIN: 111A017V01) and SBI Life - Income Sustainer Rider
(UIN: 111A020V01).
Product Snapshot

Age at Entry* Min: 7 years Max: 65 years

Age at Maturity 75 years

Policy Term Min. Term:

For Regular Premium (RP) -10 yrs, 15 to 30 years (both inclusive)
For Limited Premium Payment Term (LPPT) - 10 yrs, 15 to 30 years (both inclusive)
For Single Premium (SP) - 5 years

Max. Term: For Regular/Limited/Single Premium Option – 30 years

For Regular Premium – Same as Policy Term

Premium Payment
For Limited Premium Payment Term (LPPT) -
Term
Policy Term PPT

10 year 5 or 8 years

15-30 years 5 or 8 or 10 years

For Single Premium – Single Payment

Minimum Maximum
Premium Amount (X
For RP Rs. 30,000 Rs. 1,50,000
100) For LPPT Rs. 40,000 Rs. 1,50,000
For SP Rs. 65,000 Rs. 1,50,000

Premium Modes Single /Yearly

Sum Assured Minimum:

For Regular Premium (RP) & LPPT -
For Ages below 45 yrs : Higher of {10 * Annual Premium (AP) or (0.5 * Term * AP)}
For Ages 45yrs & above: Higher of {7 * AP or (0.25 X Term X AP)}

For Single Premium (SP) -

For Ages below 45 yrs: 1.25 * SP
For Ages 45yrs & above: Fixed - 1.25 * SP
Maximum:

Particulars For Regular Premium For Limited Premium For Single

Premium

Entry Age Below 45 yrs & Below 45 yrs & Below

45 yrs above 45 yrs above 45 yrs

Sum Assured 20 * AP 20 * AP 20 * AP 15 * AP 5 * SP

* All the references to age are age as on last birthday.

Benefits:

• Maturity Benefit: On completion of Policy Term, Fund Value will be paid.

 • Death Benefit: Higher of the Fund Value or Sum Assured## is payable; with a minimum of 105% of
total basic premiums paid## till the time of death.

•
Rider Benefits:
• Criti Care 13 Rider: Provides lump sum amount to take care of 13 Critical
Illnesses which include Cancer, Coronary Artery Bypass Graft Surgery, Heart
Attack, Heart Valve Surgery, Kidney Failure, Major Burns, Major Organ
Transplant, Paralysis, Stroke, Surgery of Aorta, Coma, Motor Neurone Disease
and Multiple Sclerosis

• Accidental Death Benefit Linked Rider: Provides additional death benefit if the
death occurs as a result of an accident.

• Premium Payor Waiver Benefit Rider: In the event of the death of the Proposer,
the cover for the Life Assured under the base policy continues and the future
premiums under the base policy, payable during the rider term, will be paid by
the Company.

• Income Sustainer Rider: Provides additional benefit in the case of death or in

the case of Total & Permanent Disability due to Accident or Sickness,
whichever is earlier. A 25% of income sustainer benefit sum assured is paid
upfront and 1% of income sustainer benefit sum assured is paid monthly in
arrears for 10 years or till the end of the base policy term (capped at a
maximum of 30 years) whichever is higher.

SBI Life - Saral Maha Anand

Introduction:

SBI Life - Saral Maha Anand, a unit linked insurance cum savings plan.

Getting a Life Insurance policy was never so easy…No medical examination, which means hassle-free coverage.
Enjoy the power of liquidity through partial withdrawals. All these benefits at affordable costs, only for you.

Key Features:

• No medical examination, Simple joining process#.

• Liquidity through Partial Withdrawals.

• Guaranteed Additions## of up to 30% of one annual premium, for a 20 year policy term, subject to the
Policy being in force till the maturity date.
• Option to avail additional rider benefit under SBI Life - Accidental Death Benefit Linked Rider (UIN:
111A019V01)
• 4 Fund options, to enjoy market related returns as per your risk appetite.

• Twin Benefit of Market linked returns & insurance cover.

Product Snapshot

Age at Entry ^ Minimum: 18 years Maximum: 55 years

Max. Age at Maturity 65 years

Policy Term 10 years / 15 years / 20 years

Minimum Premium Amounts Yearly : Rs. 15,000/-

(x100) Half-yearly : Rs. 9,500/-
Quarterly : Rs. 5,500/-
Monthly : Rs. 2,000/-

Maximum Premium Amounts Yearly : Rs. 29,000/-

(x100)
Half-yearly : Rs. 14,500/-
Quarterly : Rs. 7,200/-
Monthly : Rs. 2,400/-

Premium Modes Yearly / Half-yearly / Quarterly / Monthly

Sum Assured
Minimum:
Age below 45 years : 10 × AP
Age 45 years or above : 7 × AP
Maximum:
20 × AP

Partial Withdrawals Upto 15% of Fund Value can be withdrawn each year, from 6th year
onwards, subject to conditions. One partial withdrawal is free in a policy year.

Tax Benefits** Under Sec. 80C and Sec. 10(10D) of Income Tax Act,1961

^ All the references to age are age as on last birthday

**
Tax benefits are subject to change in tax laws. Please consult your tax advisor for details.

Benefits:

• Maturity Benefit: On completion of Policy Term, Fund Value will be paid.

• Death Benefit: Higher of the Fund Value or Sum Assured* is payable; with a minimum of 105% of total
basic premiums paid* till the time of death.
 •
Rider Benefits:
• Accidental Death Benefit Linked Rider: Provides additional death benefit if the
death occurs as a result of an accident.

Rider Brochures:
• SBI Life - Accidental Death Benefit Linked Rider

#
No medical underwriting if no adverse declaration is made in the proposal form by the policyholder
##
For any partial withdrawal done, the guaranteed addition shall be reduced proportionately.
*
Net of partial withdrawals.

SBI Life - Smart Elite

Introduction:

SBI Life - Smart Elite is a Unit Linked Insurance plan - an exquisitely crafted product, exclusively for special customers like you. It gives you flexibility to pay premium(s) for limited term or single premium, with the
freedom to stay invested and protected for long term. What’s more, you have the power of choosing the option best suited to your needs, at a very competitive rate. All this and more, coming from SBI Life – your
preferred insurer, adds enormous value to your investments.

Key Features:

• Maximum value addition through excellent allocation rates.

• Pay premiums only for a limited term of 5, 8 or 10 years or a Single Payment, as per your convenience
and enjoy benefits throughout the chosen policy term.
• No Premium Allocation Charges from 6th policy year onwards, thereby enhancing your fund value.

• Two protection options available: Gold Option & Platinum Option

• Invest in wide range of funds and manage them as per your convenience.

• Life Insurance coverage with minimum Sum Assured of 10 or 7 times of your Annual Premium (AP),
based on your age.
• Switch and redirection facility, to pilot your investments.

• Option to increase/decrease your Sum Assured from 6th policy year onwards.

• Accidental Death and Accidental Total and Permanent Disability (Accidental TPD) benefit
automatically comes to you as an integral part of the plan!
• Attractive Tax benefits under the Income Tax Act, 1961, subject to conditions**.

Product Snapshot :
 Age at Entry* Min: 18 years Max: 60 years

Age at Maturity
65 years

Policy Term 5 to 20 years (both inclusive)

Premium Payment Term •

For Limited Premium Payment Term (LPPT) – 5 or 8 or 10 years.

• For Single Premium – Single Payment.

Minimum Limited Premium Amount Yearly Rs 150,000

(X 100) Half-yearly Rs 75,000
Quarterly Rs 37,500
Monthly Rs 12,500
Minimum Single Premium Amount
(X 100) Rs 200,000

Maximum Limited/Single Premium

Amount (X 100) No limit

Premium Modes Single /Yearly /Half-yearly /Quarterly / Monthly

Sum Assured
Minimum:
For LPPT -
For Ages below 45 yrs : 10 * Annual Premium (AP)
For Ages 45yrs & above: 7 * AP
For Single Premium (SP) –
For All Ages : 1.25 * SP
Maximum:
For LPPT - For All Ages - 20 * AP
For SP – For All Ages - 5 * SP

* All the references to age are age as on last birthday.

Benefits:

• Maturity Benefit:On completion of Policy Term, Fund Value will be paid.

• Death Benefit:

• For Gold Option: Higher of Fund Value or Sum Assured is payable; with a minimum of 105%
of total premiums paid# till the time of death.
• For Platinum Option: Fund Value plus Sum Assured# is payable; with a minimum of 105% of
total premiums paid# till the time of death.

• In-built Benefit:

• Accidental Death and Accidental Total and Permanent Disability (Accident Benefit):
Provides an additional benefit for Accidental Death or Accidental TPD.
SBI Life - Smart Scholar
Introduction:
Life begins afresh when you become a parent. It’s a joy you never felt and a feeling you never
experienced. When your child takes baby steps towards you, you wonder what else bliss could be?
Amidst all this divine happiness, there’s a new sense of responsibility that fills your heart. Like you may
not really believe that life’s a rose bed or a tender cushion, but you certainly want it to be for your lovely
children. At SBI Life, we understand and we provide you with a unique, flexible and all-encompassing
solution through our SBI Life - Smart Scholar Plan.
Choose the one that suits you and your child’s needs best. Our specially crafted Smart Scholar Plan is
as accommodating as you are to your child.

Key Features:

• Secure your child’s future by gaining from the financial markets and much
more.
• Dual protection for your family, in case you are not around –
• Payment of base Sum Assured and
Inbuilt Premium Payor Waiver benefit to ensure continuance of your
•
benefits.
• Accident Benefit which includes Accidental Death benefit and Accidental
Total and Permanent Disability (Accidental TPD) benefit, is an integral part
of the plan.
• Free allocation of units by way of regular Loyalty Additions, giving periodic
boosts to your investments.
• Enhanced investment opportunity through 9 varied fund options including
P/E Managed Fund, Index Fund & Top 300 Fund.
• Twin benefits of market linked return & insurance benefit.

• Liquidity through partial withdrawal(s).

• Tax benefits as per prevailing tax laws.

Product Snapshot :

Age at Entry * Child: Min: 0 years Max: 17 years

Proposer: Min: 18 years Max: 57 years

Max. Age at Maturity

65 years

Policy Term
Min: 8 years
Max: 25 years less child’s age at entry
(On Maturity, the age of child should be between 18 to 25 years)

Premium Payment Terms (PPT) • Single Premium

• 5 to 25 years (subject to the limits of policy term)
 Premium Amounts(x100) Minimum:
PPT Frequency Minimum(Rs)
SP Single 75,000
Yearly 50,000
Half Yearly 25.000
5 years to 7 years
Quarterly 12,500
Monthly 4,500
Yearly 24,000
Half Yearly 16,000
8 years or more
Quarterly 10,000
Monthly 4,000

Maximum : No Limit

Sum Assured
For Single Premium:
Minimum Maximum
Across all ages Age<45 years Age=>45 years
1.25 * SP 5 * SP 1.25 * SP

For other PPTs:

Minimum Maximum
Age<45 years Age=>45 years Across all
Higher of: 10 * AP or
7 * AP 20 * AP
½ * T * AP

Partial Withdrawals Upto 15% of Fund Value can be withdrawn each year, from 6th
year onwards, subject to conditions. 1 free partial withdrawal in a
policy year

Tax Benefits** Under Sec. 80C and Sec. 10(10D) of Income Tax Act,1961

* All the references to age are age as on last birthday.

Loyalty Additions, by way of free allocation of units:

During the term of the policy loyalty units would be given for in-force policies on completion of specific
durations. Loyalty additions depend on term of the policy.
The loyalty addition at relevant policy year end will be equivalent to –
1% x [Average fund value over the 1st day of the last 24 policy months]
Loyalty additions are payable at the end of the year(s) as per the chart below:
Benefits:

• Basic Life Benefit:

• In the event
of unfortunate
death of life
assured, a
lump sum
benefit equal
to higher of
the Sum
Assured or
105% of all
premiums
paid till date
of death will
be payable.
• If on the date
of death, the
sum assured
is less than
105% of all
premiums
paid, the
amount in
excess of the
sum assured
will be paid
from your
fund by
disinvestment
of units.
• In the event
of death of
child no sum
assured is
payable. Life
assured will
 inform the
Company
regarding the
event. In such
case he/she
can either
continue the
policy or
terminate the
contract. In
case of
termination of
contract, the
fund value
(without any
surrender
charges), will
be payable.
• If both the life
assured and
the child die
during the
term of the
policy the
policy will be
automatically
terminated
and all due
benefits will
be paid along
with the fund
value..
• Maturity Benefit:

• On
completion of
the policy
term, maturity
benefit i.e.
the fund
value shall be
paid to
beneficiary in
a lump sum
or as per
settlement
option, if
chosen.

The
beneficiary
will be:

The
 policyholder if
he/she
survives. OR
Child, in
case of death
of the life
assured
during the
policy term.

CHILD
PLAN
S
SBI LIFE
SCHOL
AR II
Introduction:

A traditional participating plan, SBI Life - Scholar II has guaranteed benefits which are payable at the
regular intervals during the term of the policy. In an unfortunate event, your nominee would receive full
sum assured along with vested bonus, plus regular guaranteed survival benefit.

Key Features:

• Twin benefit of saving for your child’s education and securing a bright future despite the
uncertainties of life.

• Full risk cover throughout the policy term irrespective of payment of survival benefits
installments.

• Option to receive the installments in lump sum at the due date of first installment of Survival
benefit.

• Attractive rider options.

• Attractive rebate for Female lives and High Sum Assured.

• 15 days Free Look Period.

Product Snapshot:
 Term

Premium Payment Term ( PPT) 18 - Childs Age at entry

Policy Term 21 - Childs Age at entry ( You are covered till the
child attains 21 years of age)

Premium

Premium Mode Monthly / Quarterly / Half Yearly / Yearly ( Single

Premium also available)

Age ( As on Last Birthday)

Entry Age ( Life Assured ) Minimum: 18 years ; Maximum: 60 years

Entry Age ( Child) Minimum: 0 years ; Maximum:15 years

Maximum Age at Maturity (Life Assured) 70 years

Sum Assured

Minimum Sum Assured Rs 50,000/-

Maximum Sum Assured Rs 1 Crore

Riders Available

SBI Life - Dhanavantri Supreme - Individual Critical Illness (CI Rider) (UIN : 111C004V02)

SBI Life - Accidental Death and Permanent Disability (AD & PD ) Rider (UIN: 111C001V01)

SBI Life - Premium Waiver Benefit (PWB) Rider ( Individuals) ( UIN : 111B005V01)

Benefits:

• Guaranteed payment at regular intervals

When the child attains 18 years of age, the parent has an option of:

Receiving the Sum Assured in 4 installments:

Age Guaranteed Benefit Payment

18 years 25 % of Sum Assured

19 years 25 % of Sum Assured

20 years 25 % of Sum Assured

21 years 25 % of Sum Assured + Vested Bonus *

Receiving the Survival Benefits in a single installment along with the Vested Bonus* (Policy terminates
thereafter)
* Vested bonus is the total amount of bonus accrued till date, under the policy.

• DEATH BENEFIT : In the event of unfortunate incident of your early death during the term of
the plan, your child’s future remains secured in 3 ways:
 • Child future educational needs: 25% of Sum Assured is payable in 4 equal
installments when the child attains the age 18 years to 21 years. This
ensures the child’s higher educational needs are met.

• Immediate Payment: The nominee receives the Sum Assured along with
the bonus declared until that date.

• All future basic premiums need not be paid: Ensuring that your family is
not financially burdened in your absence.

Tax Benefits:

• Tax benefit u/s 80C and 10(10 D) of the Income Tax Act*
• Premiums paid for Critical Illness Benefit qualify for tax exemption under Sec 80D*

SBI Life - Smart Scholar

Introduction:
Life begins afresh when you become a parent. It’s a joy you never felt and a feeling you never experienced. When
your child takes baby steps towards you, you wonder what else bliss could be?
Amidst all this divine happiness, there’s a new sense of responsibility that fills your heart. Like you may not really
believe that life’s a rose bed or a tender cushion, but you certainly want it to be for your lovely children. At SBI Life,
we understand and we provide you with a unique, flexible and all-encompassing solution through our SBI Life -
Smart Scholar Plan.
Choose the one that suits you and your child’s needs best. Our specially crafted Smart Scholar Plan is as
accommodating as you are to your child.

Key Features:

• Secure your child’s future by gaining from the financial markets and much more.

• Dual protection for your family, in case you are not around –
• Payment of base Sum Assured and
• Inbuilt Premium Payor Waiver benefit to ensure continuance of your benefits.
• Accident Benefit which includes Accidental Death benefit and Accidental Total and Permanent Disability
(Accidental TPD) benefit, is an integral part of the plan.
• Free allocation of units by way of regular Loyalty Additions, giving periodic boosts to your investments.

• Enhanced investment opportunity through 9 varied fund options including P/E Managed Fund, Index Fund &
Top 300 Fund.
• Twin benefits of market linked return & insurance benefit.

• Liquidity through partial withdrawal(s).

• Tax benefits as per prevailing tax laws.

Product Snapshot :

Age at Entry * Child: Min: 0 years Max: 17 years

Proposer: Min: 18 years Max: 57 years

Max. Age at Maturity

65 years

Policy Term
Min: 8 years
Max: 25 years less child’s age at entry
(On Maturity, the age of child should be between 18 to 25 years)

Premium Payment Terms (PPT) • Single Premium

• 5 to 25 years (subject to the limits of policy term)

Premium Amounts(x100) Minimum:

SBI Life – Swadhan
Introduction: SBI Life - Swadhan is an affordable traditional term Insurance policy with refund of
part / Total basic premium paid at the end of the term to the policyholder.

As a Maturity benefit, you receive a repayment of your premium contribution towards the policy.
Available at a low premium, it can provide security to your loved ones.
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 Snapshot:

Term

Minimum Policy Term 5 years

Maximum Policy Term 10 years

Premium

Premium Mode Quarterly / Half yearly / Yearly

Age

Minimum Entry Age 18 years

Maximum Entry Age 65 years

Maximum Cover Age 70 years

Sum Assured

Minimum Sum Assured Rs 3 Lakhs

Maximum Sum Assured Rs 1 Crore

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 Percentage 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.
• Riders Available: No Riders are available.

SAVING PLANS
SBI Life - Money Back
Introduction:

SBI Life – Money Back is a traditional participating savings plan with added advantage of life cover
and cash inflow at regular intervals. In order to meet your various financial obligations at crucial
junctures, it offers a wide range of terms options with regular payments of Guaranteed Survival
benefits made at different durations during the policy term.

Key Features:

•The plan has a number of money back options specially suited to your needs.
•The cover is available at competitive premium rates.
•It has guaranteed cash inflows which can meet your various financial obligations.
•In addition to normal death cover, the plan also provides you 4 additional covers

Product Snapshot:
 Plans Options

Option 1 10 years

Option 2 15 years

Option 3 20 years

Option 4 25 years

Term

Minimum Policy Term 10 years

Maximum Policy Term 25 years

Premium

Premium Mode Monthly /Quarterly /Half Yearly/Yearly

Age

Option 1 Option 2 Option 3 Option 4

Minimum Entry Age 15 years 15 years 15 years 15 years

Maximum Entry Age 60 years 55 years 50 years 45 years

Maximum Age at Maturity 70 years

Sum Assured

Minimum Sum Assured Rs 50000/-

Maximum Sum Assured Rs 5 Crores

Riders Available

SBI Life - Dhanavantri Supreme - Individual Critical Illness (CI Rider) (UIN : 111C004V02)

SBI Life - Accidental Death and Permanent Disability (AD & PD ) Rider (UIN: 111C001V01)

SBI Life - Pure Term Rider (UIN: 111B003V01)

SBI Life - Premium Waiver Benefit (PWB) Rider ( Individuals) ( UIN : 111B005V01)

How does it work?

•
SBI Life Money Back is a saving plan with added advantage of life cover and cash inflow at regular
intervals. This plan is designed for individuals who want to plan for various financial obligations at
specified times in life.

Guaranteed Survival Benefit

Term of the Plan Cumulative Guaranteed Survival Benefit
payable

10 Years The last 3 years on the term 110% of Basic Sum Assured

15 Years After every 3 years on the term 115% of Basic Sum Assured

20 Years After every 4 years on the term 120% of Basic Sum Assured
 25 Years After every 5 years on the term 125% of Basic Sum Assured

Benefits

•Death Benefit:
In the unfortunate event of death during the term of the plan, the nominee will receive Sum Assured
+ Vested Bonuses, (accrued till the date of death),
No deductions are made from the claim amount for the Survival Benefits already paid. Exclusions
applicable to the Basic Cover: Suicide within the first year

• Tax Benefit
SBI Life Money Back Plan enjoys Tax benefit u/s 80C and 10(10D) of IT Act*
Premiums paid for Critical Illness Benefit qualify for tax exemption under Sec 80D*

SBI Life - Sanjeevan Supreme

Introduction:

SBI Life – Sanjeevan Supreme is a traditional Saving Plan with added advantage of life cover and
guaranteed cash inflow at regular intervals tailored to suit all your needs and requirements. This plan
is designed for individuals who want to plan for various financial obligations at specified times in life.
It provides you with financial support for fulfilling all your long term and short term goals. Further, it
offers you a life cover for the term of your choice and that too without burdening you premium
payment for the entire term.

Key Features:

•The plan has a number of moneyback options specially suited to your needs.
•The cover is available at competitive premium rates.
•It has guaranteed cash inflows which can meet your various financial obligations.

Product Snapshot

Plans Options

Plan A, Plan B, Plan C, Plan D

Term

Plan A Plan B Plan C Plan D

Premium Payment Term ( PPT) 6 years 6 years 10 years 10 years

Growth / Deferment Period 4 years 4 years 5 years 5 years

Money Back Period 5 years @ 10 years @ 5 years @ 10 years @

20% Sum 10% Sum 20% Sum 10% Sum
Assured p.a. Assured p.a. Assured p.a. Assured p.a.

Total Term of the Policy 15 years 20 years 20 years 25 years

Premium
Premium Payment Mode Yearly / Half Yearly / Quarterly / Single Premium

Age

Minimum Entry Age 18 years 18 years 18 years 18 years

Maximum Entry Age 60 years 55 years 55 years 50 years

Sum Assured

Minimum Sum Assured Rs 50000/-

Maximum Sum Assured Rs 5 Crores

Riders Available

SBI Life - Accidental Death and Permanent Disability Rider: (UIN: 111C001V01)

SBI Life - Pure Term rider

Benefits:

•You can pay off all premiums over a short period of time and be free from paying premiums for the
rest of the policy term, while enjoying all the benefits for the entire policy term.

•Enjoy the benefits of bonus additions for the entire term of the policy.

•Convenient premium payment options: Single and Multiple premium payment.

•Maturity Benefit
At the end of the growth period, you would receive guaranteed payout in 5 years or 10 years,
depending on the plan option chosen by you. The bonuses declared by the company get
accumulated for the entire term of the plan and you would receive total bonus along with the final
installment of Survival benefit.

•Death Benefit
In the unfortunate event of death during the term of the plan, the nominee would receive sum
assured + vested bonuses, besides receiving of the survival benefit already paid.

• Exclusions applicable to the Basic cover

Suicide within the first year.

SBI Life - Shubh Nivesh

Introduction:

SBI Life - Shubh Nivesh is an Endowment product with an option of Whole Life coverage. The basic
purpose is to provide Savings, Income and Protection to you and your family. Not only you can save
regularly for your future but you also have the flexibility to receive the maturity amount as a lump
sum or as a regular income for a chosen period, depending upon your needs.

Key Features:
 • A unique Savings cum Protection Plan with the flexibility of Whole Life option as an add-on

• Triple benefits of Wealth Creation, Regular Income and Protection under a single plan

• Convenience of premium payment options - Single Premium and Regular Premium

• Comprehensive risk coverage through 3 Riders:

• Preferred Term Rider
• Accidental Death Benefit Rider
• Accidental Total & Permanent Disability Rider

• Option to receive the Basic Sum Assured at regular interval over a stipulated time period of
5/10/15/20 years.

• Tax benefits as per prevailing norms under the Income Tax Act, 1961

How does it work?

SBI Life – Shubh Nivesh has two options:

Endowment Assurance: The base plan is a traditional endowment plan with simple reversionary
bonuses which accrue till the end of the endowment term. The sum assured with all accrued
bonuses will be paid on death during the endowment term or survival till the end of the endowment
term.

Whole Life Endowment: The policyholder has to opt for the Whole Life Endowment option at the
proposal stage itself, wherein the sum assured along with the accrued bonus till the end of the
endowment term will be paid to the policyholder, and an amount equal to the basic sum assured will
be paid on the life assured attaining 100 years of age or on the death of the life assured, if earlier.

Benefits:

• Maturity Benefit: Depending upon the plan option chosen:

• Endowment Assurance (i.e. if Whole Life option is not taken):
• After completion of endowment term, the Basic Sum Assured + vested Simple
Reversionary Bonus is paid

• If Deferred Maturity Payment option has been chosen, the accrued bonus will be paid
on the date of maturity and the policyholder may choose to receive the sum assured in
regular installments over the next 5/10/15/20 years.

• Whole Life Endowment (i.e. Whole Life option is taken):

• After completion of endowment term the Basic Sum Assured + vested Simple
Reversionary Bonus is paid.

• If, Deferred Maturity Payment option has been chosen, the accrued bonus will be paid
on the date of maturity and the policyholder may choose to receive the sum assured in
regular installments over the next 5/10/15/20 years.

• An amount equal to the basic sum assured will be paid on the life assured attaining 100
years of age.
 • Death Benefit: In the unfortunate death of the Life Assured, depending upon the plan option
chosen:
• Endowment Assurance (i.e. if Whole Life option is not taken):
• Death before the completion of Endowment term: Sum Assured + Simple Reversionary
Bonus (if any) is paid to the nominee

• Deferred Maturity Payment Option has been availed and death happens after the
completion of Endowment term: The Balance amount of the Deferred Maturity Payment
Option, if any would continue to be paid to the legal heirs till the end of the stipulated
period as chosen

• Whole Life Endowment (i.e. if Whole Life option is taken) :

• Death before the completion of Endowment term:
• Sum Assured + Simple Reversionary Bonus (if any) is paid to the nominee

• Death after the completion of the endowment term up to 100 years of age:
• Sum Assured under the Whole Life coverage is paid to the nominee.
• If deferred Maturity Payment Option has been availed and death happens after the
completion of Endowment term but before the receipt of the final installment under the
deferred payment option, the basic sum assured under the Whole Life coverage is paid
to the nominee and the balance amount of the Deferred Maturity Payment Option, if any
would continue to be paid to the nominee till the end of the stipulated period as chosen
• Other Benefits
• Deferred Maturity Payment Option: You have the option to avail the sum assured as
regular payouts over a stipulated period of 5/10/15/20 years. The amount of regular income
payable will be quoted based on the rates available at that time

• Three sets of riders: -

• Preferred Term Rider: The Preferred Term rider Sum Assured is payable in addition to
normal death benefit

• Accidental Death Benefit Rider: In case death due to an accident, the rider Sum
Assured is payable in addition to normal death benefit

• Accidental Total and Permanent & Disability Rider: The rider Sum Assured will be
paid on the Life Assured being found eligible for the Total Permanent Disability Benefit
as defined in the policy document.

Tax Benefits:
Tax benefit as per section 80C and 10(10D) of Income Tax Act.
Shubh Nivesh at a Glance:

Minimum Maximum

Entry Age 18 years 60 years

Maturity Age 23 years 65 years

Policy Term 5 years 30 years

Sum Assured Rs.75,000 No limit

Intr
od
ucti
on:

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Mode of Premium Payment: Yearly, Half-Yearly, Quarterly, Monthly & Single Premium
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Retirement Solutions
Introduction:

What better way to reward your loyal employees than with a secure future? SBI Life’s Group Retirement Insurance
Plans are designed to provide security and financial stability to an employee’s family ensuring a loyal and motivated
workforce. These plans safeguard and ensure availability of funds to meet your company’s obligations on gratuity,
superannuation, pension / annuity and leave encashment. Depending on your needs, you can choose between
traditional and unit linked plans.

SBI Life - CapAssure Gratuity Scheme

Introduction:

Gratuity is a statutory benefit, governed by Payments of Gratuity Act, 1972. As per the Act, gratuity
is payable if an employee has rendered minimum 5 years of service at the time of exit. The minimum
benefit payable is 15 days salary based on last drawn salary for each service year rendered.
However, an employer can better the terms of benefits..

Here, the principal concern will be to safeguard and availability of sufficient funds to meet the
company's obligation for statutory Gratuity Payments. Hence, you would definitely want prudent fund
management at least of the possible costs. Therefore SBI Life provides SBI Life - CapAssure
Gratuity Scheme - a scheme that not only guarantees your investment but also offers additional
funding and many more added benefits…!

SBI Life - CapAssure Gratuity Scheme:

It is a Non-Participating yearly renewable traditional Group Gratuity Scheme. Under this scheme, the
contributions paid continue to accumulate on traditional platform of investments and at the end of the
financial year, an investment income earned on your contributions is credited to your gratuity fund
account.

Key Features:

•Capital Guarantee on Fund Under Management

•Unique Pooling Fund Advantage: Get higher returns based on aggregated value of all your non-
Linked funds

•Additional Funding upto 3% to absorb exit penalty charged by the previous insurer

•Flexibility to transfer partially your fund from this scheme to our existing Unit Linked schemes!

•No Suicide Exclusion clause for basic life cover

•Additional benefit for your employee through Group Accidental Death and Permanent Disability
rider (UIN: 111B002V01)

Benefits:
•On Retirement/ Resignation/ Termination: Higher of accrued gratuity benefits payable as per
scheme rules or the Gratuity Act.

•On occurrence of Total Permanent Disability (TPD) : Higher of accrued gratuity benefits payable
as per scheme rules or the Gratuity Act + Rider Sum Assured, if any, in case of TPD due to
accident, will be payable to the employee.

•On an unfortunate Death: Higher of accrued gratuity benefits payable as per scheme rules or the
Gratuity Act + Basic Sum Assured as opted for by the master policy holder + Rider Sum Assured, if
any, in case of death due to accident.

However, maximum benefit under SBI Life - Accidental Death & Total Permanent Disability
(AD&TPD) rider will be limited to lower of basic sum assured or Rs. 5 Lacs.

Grace Period:
A grace period of 30 days will be allowed for payment of life cover premium.
However, if death occurs during the grace period, the death claim shall become payable subject to
the receipt of the due and unpaid risk premium or renewal risk premium for the entire group from the
Master Policyholder.
In case of non-receipt of the risk/rider premium within a grace period of 30 days, the life cover/rider
would lapse. However, the accumulation of the fund will be continued without life cover/rider and the
gratuity claims will be settled subject to the availability of funds.

Revival Period:
Life Cover can be revived within two years from the first due but unpaid premium, subject to
payment of risk premium for the future.

Charges:
Our charges are certainly most competitive and are designed to benefit you irrespective of size of
your Gratuity fund. We ensure you pay only for what you benefit -- No hidden costs! What more…..
we ask no Fund Management Charges, no Administration Costs and recovery of Additional Funding
is without interest !!!

Tax Benefits*:

For Employer:
•The initial and Annual contributions made through an approved Gratuity trust can be claimed as
business expenditure as per the provisions under section 36 (1) (v) of the Income Tax Act, 1961
subject to maximum limit of 8.33% of annual salary in respect of each member.

•Income of investments is exempt from tax under section 10(25) (iv) of the Act.

For Employee:
•Gratuity benefits are tax free up to Rs. 3, 50,000 u/s 10(10) in the hands of employee.

•Gratuity payment may be bettered by employer - over and above Rs. 3, 50,000 taxable. (However,
in this case the tax free limit as per above will not change.)

•The contribution made by the employer is not included in the value of taxable perquisites in the
hands of the employee.

•Any death benefit under the Group Term Insurance is tax-exempt under section 10 (10D) of the
Income Tax Act, 1961
SBI Life - CapAssure Superannuation Scheme
Introduction:

It is a Non-Participating yearly renewable traditional group superannuation scheme.The object of this

scheme is to ensure that the underlying fund is accumulated in such a manner so that the fund will
be sufficient to purchase an expected amount of annuity to an employee upon his retirement / to the
legal heir in the event of an unfortunate death during service. The scheme would also entitle the
employee for some benefit, defined as per the scheme rules, on his resignation, retirement,
permanent total disability whilst in service, death whilst in service. Hence, SBI Life provides SBI Life
- CapAssure Superannuation Scheme - a scheme that not only guarantees your capital but also
offers you the benefit of additional funding and many more added benefits...!

•We offer two types of Superannuation schemes:

•Defined Benefit Scheme:
The amount of pension and the other benefits are pre-defined in the scheme rules. Contributions
required to fund past service as well for the future service liability of the member are determined by
Actuarial valuation.

•Defined Contribution Scheme:

The amount of contribution is pre-defined in the Scheme Rules and an Actuarial valuation may be
performed, if required.

Key Features:

•Capital Guarantee on Fund Under Management

•Unique Pooling Fund Advantage: Get higher returns based on aggregated value of all your non-
Linked funds

•Additional Funding upto 3% to absorb exit penalty charged by the previous insurer

•No Suicide Exclusion clause for basic life cover

•Additional benefit for your employee through our SBI Life - Group Accidental Death and
Permanent Disability Rider (UIN: 111B002V01)

Benefits:

•For Defined Benefit Scheme :

•On Retirement/ Resignation/ Termination:
The employee receives either the defined Pension or its equivalent in Purchase Price as per the
Scheme Rules.

•On occurrence of Total Permanent Disability (TPD) :

The employee receives either the defined Pension or its equivalent in Purchase Price as per the
Scheme Rules, + Rider Sum Assured, if any,in case of TPD is due to an accident.
 •On an unfortunate Death:
The employee receives either defined Pension amount or its equivalent in Purchase Price as per
the Scheme Rules, + Basic Sum Assured as opted for by the master policy holder + Rider Sum
Assured, if any, in case death is due to accident.
However, maximum benefit under SBI Life - Group Accident Death & Total Permanent Disability
(AD&TPD) rider will be limited to lower of basic sum assured or Rs. 5 Lacs.

•For Defined Contribution Scheme :

•On Retirement/ Resignation/ Termination:
•The accumulated amount may be used to purchase an immediate annuity from SBI Life or any
other insurer.

•Or The employee may also choose to transfer his accumulated fund to the approved
superannuation fund of the new employer.

•Or The funds may be allowed to accumulate till superannuation of the employee. In case of
unfortunate event of death during this period, the accumulated amount will be utilized to provide
pension to the legal nominee.

•On occurrence of Total Permanent Disability (TPD):

The member receives the accumulated amount to his/her credit + Rider Sum Assured, if any, in
case of TPD is due to an accident.

•On an unfortunate Death:

The accumulated amount to the credit of the member + the Basic Sum Assured as opted for by the
master policy holder + Rider Sum Assured, if any, in case death due to accident. However,
maximum benefit under SBI Life - Accidental Death & Total Permanent Disability (AD&TPD) rider
will be limited to lower of basic sum assured or Rs. 5 Lacs.
For all above options, payment of employer's contribution is subject to Scheme Rules.
For benefit other than Sum Assured based, SBI Life's liability will be limited to the Fund available
only.

Grace Period:
A grace period of 30 days will be allowed for payment of life cover premium.
However, if death occurs during the grace period, the death claim shall become payable subject to
the receipt of the due and unpaid risk premium or renewal risk premium for the entire group from the
Master Policyholder.
In case of non-receipt of the risk/rider premium within a grace period of 30 days, the life cover/rider
would lapse. However, the accumulation of the fund will be continued without life cover/rider and the
superannuation claims will be settled subject to the availability of funds.

Revival Period:
Life Cover can be revived within two years from the first due but unpaid premium, subject to
payment of risk premium for the future. Revival will be treated as per underwriting rules at that time.

Charges:
Our charges are certainly most competitive and are designed to benefit you irrespective of size of
your Gratuity fund. We ensure you pay only for what you benefit -- No hidden costs! What more…..
we ask no Fund Management Charges, no Administration Costs and recovery of Additional Funding
is without interest !!!

Tax Benefits *:

The risk premium paid towards the life cover shall be treated as business expenses.
•Benefit to Employers -
•The Employer will have a better chance of retaining the service of efficient and experienced staff.
Better employee morale will lead to grater efficiency and productivity.

•Annual Contribution by the employer to an approved superannuation fund in respect of any

particular employee will be treated as expenditure to the company, However if the contribution
exceeds Rs 1,00,000/- FBT is payable. (In accordance with Income Tax Rules, 87 & 88)

•Any income received by the trustees on behalf of an approved superannuation fund is exempted
(Section 10 (25) (iii) of the Income Tax Act, 1961).

•Benefits to Employees
•Payment of contribution towards an approved superannuation fund is eligible for deduction, subject
to a maximum of Rs. 1,00,000 (Section 80 C of the Income Tax Act, 1961).

•Commuted value i.e. commuted part of the pension (maximum upto 1/3 of the pension in case
where gratuity is received or 1/2 of the pension incase gratuity is not received), is tax free on death
or retirement or attainment of vesting age.

•Employer's contribution will not be treated as perks in the hands of the employee.(as per provision
17(2)(v))

•Uncommuted Pension will be treated as salaried income and taxed accordingly.

SBI Life - CapAssure Leave Encashment Scheme

Introduction:

As per the Accounting Standard (AS-15) (revised 2005), it has become necessary for the employers
to provide for the accrued liabilities in respect of Leave Encashment benefits available to all the
employees in the books of accounts. It helps the employer in ascertaining the true cost of their
products and services.
Hence, SBI Life provides SBI Life - CapAssure Leave Encashment Scheme - a scheme that not only
guarantees your investment but also offers additional funding and many more added benefits…!

SBI Life - CapAssure Leave Encashment Scheme (CA-LE):

It is a Non-Participating yearly renewable traditional group leave encashment scheme. Under this
scheme, the contributions paid continue to accumulate on traditional platform of investments and at
the end of the financial year, an investment income earned on your contributions is credited to your
CA-LE fund account.

Key Features:

•Capital Guarantee on Fund Under Management

•Unique Pooling Fund Advantage: Get higher returns based on aggregated value of all your non-
Linked funds

•Additional Funding upto 3% to absorb exit penalty charged by the previous insurer

•No Suicide Exclusion clause for basic life cover

•Additional benefit for your employee through our Group Accidental Death and Permanent
Disability Rider (UIN: 111B002V01)

Benefits:

•On Retirement/ Resignation/ Termination: Accrued Leave Encashment benefits as per scheme
rules.
•On occurrence of Total Permanent Disability (TPD): Accrued Leave Encashment benefit as per
scheme rules + Rider Sum Assured, if any,in case of TPD is due to an accident.
•On an unfortunate Death: Accrued Leave Encashment Benefit, as per scheme rules will be payable
+ Basic Sum Assured as opted for by the master policy holder + Rider Sum Assured, if any, in case
death due to accident.
However, maximum benefit under Accidental Death & Total Permanent Disability (AD&TPD) rider
will be limited to lower of basic sum assured or Rs. 5 Lacs.

Grace Period:
A grace period of 30 days will be allowed for payment of life cover premium.
However, if death occurs during the grace period, the death claim shall become payable subject to
the receipt of the due and unpaid risk premium or renewal risk premium for the entire group from the
Master Policyholder.

In case of non-receipt of the risk/rider premium within a grace period of 30 days, the life cover/rider
would lapse. However, the accumulation of the fund will be continued without life cover/rider and the
Leave Encashment claims will be settled subject to the availability of funds.

Revival Period:
Life Cover can be revived within two years from the first due but unpaid premium, subject to
payment of risk premium for the future.

Charges:
Our charges are certainly most competitive and are designed to benefit you irrespective of size of
your Gratuity fund. We ensure you pay only for what you benefit -- No hidden costs! What more…..
we ask no Fund Management Charges, no Administration Costs and recovery of Additional Funding
is without interest !!!

Tax Benefits*:

•The cash equivalent of the leave Encashment Benefit as and when paid by the employer is
deductible from his income under section 43B (f) of the Income Tax Act.

•For the Employee the leave encashment benefit is taxable under section 15 of the Income Tax Act

•However the benefit received by the employee at the time of retirement, gets tax relief as per
section 10(10AA) of Income Tax Act, subject to maximum of ten months leave.

•The amount of risk premium paid for Life Insurance cover will be treated as business expenses.

SBI life – Dhanrashi

Introduction:

With changing times, large numbers of NGOs, Social Welfare Groups including Government aided
agencies as well as Corporates have evinced interest to float new schemes that will cost a little but
still bring well-being to their group members as well as some security for their lives. Hence, genesis
of SBI Life - Dhanrashi!!

SBI Life - Dhanrashi is a traditional non participating Group Savings Linked Insurance scheme. This
scheme is applicable for both employer-employee and non-employer employee groups.

Key Features:

• Convenient Savings cum Protection Scheme with:

•Attractive returns on savings with twin benefits

•Protection at low cost with no medical examination.

•Hassle free joining process with no entry charges.

Benefits:

•Maturity benefit
Accumulated Fund Value for the Group Member is payable as per the scheme rules.

•Death benefit
Sum Assured plus Accumulated Fund Value for the Group Member is payable as per the scheme
rules.

• Returns on Investment:

Savings component will earn annually compounded returns in two ways:

•A minimum Basic Interest rate that is declared in advance for each financial year.

•An Additional Investment Return, which will be declared at the end of each financial year, based
on earnings on the fund and fund size.

•Higher the fund size, higher will be the investment return.

•Option to change the Sum Assured:

At the beginning of each policy year, the Master Policyholder may request for a change in sum
assured, within the permissible sum assured limits.

•Grace Period Provision:

A grace period of 30 days will be allowed for payment of contribution for Regular mode (15 days for
Monthly mode).

•Revival Period:
2 years revival period will be available, from the first unpaid contribution.

•Suicide Exclusion:
No suicide exclusion is applicable for basic life cover.
•Surrender Facility:
Master Policyholder can surrender the Master Policy from 2nd Policy year onwards subject to
conditions applicable.

•Charges:
Our charges are certainly most competitive and are designed to benefit you irrespective of size of
your Savings fund. We ensure you pay only for what you benefit -- No hidden costs!

Tax Benefits*:

•Members’ total contribution, including service tax is entitled for income-tax rebate under Sec 80C of
the Income Tax Act.

•The entire claim amount, including interest earned, payable on Maturity or on death is free from
income-tax (U/s 10(10D) of income tax Act.

•
The life cover premium paid by the employer towards Life Cover is treated as business expenses
(U/s 37 (1)) of income tax Act.

SBI life - Swarna Jeevan

Introduction:

SBI Life Insurance introduces "SBI Life - Swarna Jeevan" a Group Immediate Annuity Plan for Corporate
Clients (ie.Employer-Employee groups) and other Group Administrators, who wish to purchase annuity to
provide for their annuity liability (existing or emerging or both) totally/partially from SBI Life

The annuity payment to members starts right away (Technically, anytime within 12 months of Purchase
depending upon periodicity chosen). All you need to do is choose the annuity option. We at SBI Life will
calculate the amount of each annuity payments based on the purchase amount and life expectancy.

Key Features:

• Attractive Annuity rates due to group effect.

• Based on your scheme rules customized annuity options available

• Wide choice of annuity Options to suit your members needs

• Option to choose the periodicity of annuity payment: Annual, Half yearly, Quarterly, and Monthly.

Eligibility Criteria:

• Age at Entry:

• For
Memb
 er : 35
to 85
Years
as on
last
birthda
y
• For
Spous
e : 18
to 85
Years
as on
last
birthda
y

• Group Size

• Min :
10
Memb
ers* or
50
Memb
ers
• Max :
No
Limit
• Minimum Annuity amount will be Rs. 1,200/- per person per annum.

*For approved Group Superannuation Schemes

What are the Annuity Options Available?

A variety of Options to choose from:

• Single Annuity

• Life
Annuit
y:
• Life
annuity
with
refund
of
purcha
se
price:
• Life
annuity
with
 refund
of
balanc
e
purcha
se
price:
• Annuit
y
certain
for 5 to
35
years
and
annuity
for life
thereaf
ter:
• Increa
sing
Life
annuity
(Simpl
e
increas
ing):

• Single Annuity

• Joint
life
(last
survivo
r)
annuity
• Joint
life
(last
survivo
r)
annuity
with
refund
of
purcha
se
price:
• Joint
life
annuity
certain
for 5 to
35
years
 and
joint
life
(last
survivo
r)
annuity
thereaf
ter:

Why SBI Life Insurance?

SBI Life Insurance is a joint venture between the State Bank of India and BNP Paribas Assurance. State Bank
of India enjoys the largest banking franchise in India. Along with its 7 Associate Banks, BNP Paribas
Assurance is the insurance arm of BNP Paribas - Euro Zone’s leading Bank. BNP Paribas, part of the worlds
top 10 group of banks by market value and part of Europe top 3 banking companies, is one of the oldest
foreign banks .

SBI Life - Swarna Ganga

Introduction:

SBI Life - Swarna Ganga is a non-linked group saving cum insurance product.

The product is designed as a saving vehicle and to offer insurance cover to groups of persons who share
common identity or affinity such as groups of professionals, farmers and employed/ self-employed individuals,
agricultural and industrial workers, teachers, members of Self Help Groups and beneficiaries of priority sector
advances.

Key Features:

•Contributions enjoy the advantage of our investment expertise, through which we strive for growth
coupled with safety
•Life cover option is available under "SBI Life - Sampoorn Suraksha” (UIN 111N040V02) or SBI Life -
Suraksha Plus (UIN: 111N051V01)
•Option to avail of Group Accidental Death and Total Permanent Disability Rider (UIN: 111B002V01)
for added protection
•Multiple premium payment mode options available
•Flexibility to change Sum Assured and Contribution

Benefits:

•Maturity Benefit: Accumulated fund value

•Death Benefit: Accumulated fund value plus Life cover

SBI Life – CapAssure

Introduction:

SBI Life - CapAssure is a traditional non linked, non participating Plan featuring stable growth with
capital protection. This plan can be offered to employer-employee group or non-employer-employee
group or any group formed as per group guidelines 2005 issued by IRDA.

This is an ideal plan which caters to the needs of the group administrators / employers / trustees /
State governments/ Central government/ PSUs who want to fund group members’ retirement
benefits and other welfare benefits.

What does SBI Life – CapAssure offer?

•Defined Benefit (DB) scheme To manage your Gratuity, Leave Encashment, Superannuation DB or