Tuesday, March 10, 2015

Smart Wealth Builder - Best Investment Returns SBI Plan

You may have ever changing needs, but as your preferred life insurance company, SBI Life definitely understands all your financial & insurance needs. SBI Life - Smart Wealth Builder, a unit linked, non participating, insurance plan is an attempt to meet all your financial & insurance needs through a single product. You can use it the way you like. You can choose your required life insurance cover subject to a minimum and a maximum level. 

Kindly go through below details with patience:

Plan 1

Premium    : Rs.50,000/- yearly for 5 years

Sum Assured : Rs. 5,00,000/- (Insurance coverage)


Maturity Benefit  : Rs.23,35,000/-

Tax Benefit  : Section 80 C benefit

Tax free Maturity Benefit : Section 10(10D)

(or)
You can take monthly pension life-long self and nominee with capital refund.


Plan 2


Premium    : Rs.1,00,000/- yearly for 5 years

Sum Assured :Rs.10,00,000/-(Insurance covera
ge)


Maturity Benefit  : Rs.46,70,000/-


Tax Benefit  : Section 80 C benefit


Tax free Maturity Benefit : Section 10(10D)

(or)

You can take monthly pension lifelong self and nominee with capital refund.


Age* at EntryMin: 7 years
Max: For Regular Premium & Limited Premium: 60 years
For Single Premium: 65 years
Age* at Maturity70 years
Plan TypeRegular Premium / Limited Premium / Single Premium
Policy Term^Regular & Limited Premium Payment - 10 years, 15 to 30 years (both inclusive)
Single Premium - 5 to 30 years
Premium Payment TermFor LPPT:
5/8 Years for Policy Term of 10 Years.
5/8/10 Years for Policy Term of 15-30 Years (both inclusive)
Regular Premium - Same as Policy Term
Single Premium - One-time payment at policy inception
Premium Amount
(X 100)
Plan TypePremium FrequencyMinimumMaximum
Regular premiumAnnualRs. 30,000Rs. 3,00,000
Limited premiumAnnualRs. 40,000
Single premiumSingleRs. 65,000
PremiumPolicy TermMaturity BenefitYearly PensionMonthly Pension
Rs.50,000 yearly (for 5yrs only)10 years4.42 lacs35,2402,587
15 years 6.67 lacs53,4004,450
20 years10.12 lacs80,9206,743
25 years15.16 lacs1,21,48010,106
30 years23.35 lacs1,86,80015,566
Premium
Rs.1,00,000 yearly (for 5yrs only)10 years8.81 lacs70,4805,174
15 years13.35 lacs1,06,8008,900
20 years20.23 lacs1,61,84013,486
25 years30.32 lacs2,42,56020,213
30 years46.70 lacs3,73,60031,133

No comments:

Post a Comment