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Product Information
Other Plans SBI Life - eWealth Insurance
Synopsis:
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SBI Life - eWealth Insurance is a non-participating Online Unit Linked Insurance Plan (ULIP).

Features:

  • Hassle free investment management through Automatic Asset Allocation.
  • Choice of two plans options - Growth and Balanced.
  • Premiums starting as low as Rs 10,000 for yearly mode and Rs. 1,000 for monthly mode.
  • No Premium Allocation Charges, thereby enhancing your Fund Value.
  • Easy and Simple 3 Step Online Buying Process.
  • Twin benefits of Life Insurance Cover and Market Linked Returns.
  • Liquidity through Partial Withdrawal(s) from 6th policy year onwards.
  • Get Section 80C benefit on your premiums paid, as well as Section 10(10D) benefit on the maturity amount, subject to conditions*.
Eligibility:
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Age at Entry Min: 18 years
Max: 50 years
Maximum Age# at Maturity 60 years
Policy Terms 10 to 20 years (both inclusive)
Premium Payment Frequency Yearly & Monthly
Premium Payment Term Same as Policy Term
Premium Range (X 100) Premium Mode : Yearly
Premium Range
Minimum : Rs 10,000 per annum
Maximum : Rs 1,00,000 per annum

Premium Mode : Monthly
Premium Range
Minimum : Rs 1,000 per month
Maximum : Rs 10,000 per month
Sum Assured 10 x Annualized Premium