Integrated in 2000, SBI Life Insurance is presently offering countless customers through its varied range of items. They have made it their objective to earn insurance accessible to all. And to accomplish this amazing accomplishment, they have 947 workplaces throughout the nation, 18,236 workers, and a comprehensive network of representatives

SBI Life Insurance - At A Peek

SBI Life Insurance Plans

1. SBI Life Insurance Child Plans

These plans help in conserving money for a child's future be it education and learning or marital relationship.
i. SBI Life Wise Champ Insurance Plan
An individual, non-linked, taking part, life insurance policy savings item, helps in protecting your child's academic needs

Key Features:

• Payments in 4 equal yearly installations when your child transforms 18- Wise Benefits, which will be paid at completion of the plan year where the child finishes 18, 19, 20 and 21 years old,
• Premium waiver benefit - Immediate payment of amount guaranteed and premium waiver in situation of an scenario
• Routine simple reversionary rewards - At maturation 25 % of Basic Amount Guaranteed + 25% of Vested Simple Reversionary Bonus + Incurable Bonus, if any
• ATPD protect for the policyholder - Life and Unintentional Total Long-term Impairment (ATPD) coverage throughout the plan call

ii. SBI Life Wise Scholar Plan
With this plan, you obtain the double benefits of market-linked returns on your spent money and the security of life cover for your children

Key Features:

• Round figure quantity at maturation - On conclusion of Plan Call, Money Worth will be paid as round figure.
• Premium waiver benefit - Integrated premium waiver option in situation of any scenario
• Get partial withdrawals from sixth plan year - Partial withdrawals can be made when had to satisfy unexpected costs

ii. SBI Life Saral Retired life Saver Plan
With this plan, benefits consist of surrender, complete withdrawal, or maturation/vesting will be available through annuities plus with an add-on biker, you obtain life cover as well.

Key Features:

• Assembles retired life corpus - Develop your retired life corpus through routine simple reversionary rewards throughout the plan call.
• Reversionary rewards - Receive simple reversionary rewards throughout the plan call for in-force plans
• Life protection through elective biker - SBI Life Preferred Call Biker provides included monetary protection for your family.
• Security - Routine earnings throughout your retired years for a pillow to draw on.

iii. SBI Life Saral Pension plan Plan
With this plan, you can ensure you and your family have a security net throughout your gold years so you can remain stress-free.

Key Features:

Standard Immediate Annuity Plan - Give your future the protection it needs with this plan.

• Critical disease - When you're identified with a listed critical disease, you can choose the surrender center.
• Loan center - When a monetary need strikes, you have the opportunity to get a lending versus this plan.

iv. SBI Life Insurance Annuity Plus Plan
Enjoy your life in a stress-free manner as this plan helps pick from a variety of extensive annuity options with simply a solitary premium payment.

Key Features:

Routine earnings through annuity- Annuity payment at continuous rate, throughout the life of the annuitant.
Option to consist of a family member- Option to include relative such as partner, children, moms and dads, parents-in-law, or brother or sisters