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Product Information
Saving And Investment Plans SBI Life - Smart Money Planner
Synopsis:
SBI Life – Smart Money Planner is an individual, non linked, with profit endowment assurance plan with added feature of guaranteed (Conditions apply*) cash inflow at regular intervals tailored to suit your financial requirements. It offers you financial support for fulfilling your long and short term goals, while providing you a life cover throughout the policy term without burdening you with premium payment for the entire policy term.

Features:

  • Regular income throughout the benefit payment period specially tailored to suit your requirements.
  • A savings plan with an added feature of "Growth period".
  • Life cover available throughout the Premium Payment Period, Growth Period & Benefit Payment Period i.e. throughout the Policy Term.
  • Flexibility to choose between Limited Premium Payment and Single Premium.
  • Rebates offered for Large Sum Assured.
  • Tax benefits** as per prevailing norms under the Income Tax Act, 1961.
Eligibility:
Plans Options Plan 1
Plan 2
Plan 3
Plan 4
Age at Entry Min: 18 years, Max: 60 years
Min: 18 years, Max: 55 years
Min: 18 years, Max: 55 years
Min: 18 years, Max: 50 years
Age at Maturity Max: 75 years
Plan Type Limited Premium / Single Premium