SBI Life Insurance 5 best Plans in 2020 : You Don’t know

SBI Life Insurance

We know, Life Insurance might be the last thing on your mind right now. But if you truly wish to achieve your life’s financial goals without any financial stress, now is the right time to invest in life insurance plans. By investing in SBI life insurance when you are young, you not only have a protection plan for your dependents at a reasonable premium amount, you can also start building a prosperous long term future as your savings also benefit from the power of compounding.

SBI Life Insurance 5 best Plans in 2020 : You Don't know DailyMagnet

Why this is the best insurance company in India?

SBI Life Insurance is a leading life insurance company which is formed as a joint venture between the State Bank of India Group and BNP Paribas. The company offers a range of life insurance products to customers ranging from term insurance to unit-linked plans to pension plans. The plans help you to take care of all your financial needs and requirements. Moreover, you also get the assurance of a company backed by leading promoters.

SBI Life Insurance has carved a name for itself in the life insurance industry with the achievements that it has tucked under its belt. Some of the milestones of the company are as follows –

SBI Life Insurance has carved a name for itself in the life insurance industry with the achievements that it has tucked under its belt. Some of the milestones of the company are as follows –

  • It has serviced more than INR 79,000 crore worth of claims
  • The company enjoys the trust of more than 2.5 crore policyholders
  • In the year 2017, the company’s Assets Under Management crossed INR 100,000 crores
  • The company has received the Brand of the Year Award in the financial year 2016-17

List of 5 best plans

SBI LIFE – SMART SHIELD

SBI Life Insurance 5 best Plans in 2020 : You Don't know DailyMagnet

Now give them adequate protection to meet their financial needs. Apply for SBI Life Insurance– Smart Shield, An Individual, Non-linked, Non participating, Life Insurance Pure Risk premium product, and get peace of mind, knowing that your family is financially secured.

This term plan offers –
  • Security – providing financial protection for your family
  • Flexibility – choose from two plan options according to your needs
  • Affordability – through rider benefits at an affordable cost
Features
  • Protect your family’s financial future against an eventuality
  • A pure term plan that offers two options – Level Term Assurance and Increasing Term Assurance
  • Get comprehensive coverage at an affordable cost with two rider options

Try the benefit illustrator below and see how you may benefit from this plan.
Start saving early and regularly to secure a better future.

Read More Top 5 Highly Rated Games for mobile You should know

SBI LIFE – SMART POWER INSURANCE

SBI Life Insurance 5 best Plans in 2020 : You Don't know DailyMagnet

Now give them adequate protection to meet their financial needs. Apply for SBI Life Insurance – Smart Shield, An Individual, Non-linked, Non participating, Life Insurance Pure Risk premium product, and get peace of mind, knowing that your family is financially secured.

This term plan offers –
  • Security – providing financial protection for your family
  • Flexibility – choose from two plan options according to your needs
  • Affordability – through rider benefits at an affordable cost
Features
  • Secure your family’s financial future with Inbuilt Accelerated Total & Permanent Disability (TPD)
  • Choice of increasing cover option
  • Invest in any of the two fund options – Trigger Fund and Smart Funds, and two plan options – Level Cover Option and Increasing Cover Option.
  • Market-linked returns with affordable premiums
  • Partial withdrawals from 6th policy year

Try our Benefit Illustrator below to see how affordable it is to safeguard your family’s future.

SBI LIFE – SMART MONEY BACK GOLD

SBI Life Insurance 5 best Plans in 2020 : You Don't know DailyMagnet

Invest in SBI Life Insurance – Smart Money Back Gold insurance plan, and avail twin benefits of life cover as well as periodic income to meet your financial requirements at crucial points in life.

This policy offers –
  • Security – protect your family’s future
  • Reliability – money back at regular intervals
  • Flexibility – choose your money back plan option
Features
  • Three Money Back Options specially tailored to suit your milestones in life
  • Regular payouts of 15% of the basic sum assured
  • Flexibility to chose your Policy Term and payout frequency (every 3, 4 or 5 years)
  • The convenience of choosing your Premium Payment Term – Single, Limited Premium Payment or Regular Premium Payment
  • Regular cash inflows to achieve your financial goals
  • Total Survival Benefit of 110% of Sum Assured
  • Attractive premium discount for higher Sum Assured

Fill in your details in the benefit illustrator below to see how you can protect your family and meet your financial needs at the same time.
Live life to the fullest by freeing yourself from financial worries.

Read More Best 5 Google Chrome Extension You should Help

SBI LIFE – SMART WEALTH BUILDER

SBI Life Insurance 5 best Plans in 2020 : You Don't know DailyMagnet

It’s time to start investing today to reap the benefits tomorrow. With SBI Life Insurance – Smart Wealth Builder, avail the benefit of life coverage and enhanced investment opportunity by investing in one or many investment funds. Also, get guaranteed additions based on the term of the policy.

This plan offers –
  • Security – to financially protect your family in the case of an eventuality
  • Reliability – through periodic guaranteed additions
  • Flexibility – to manage the invested money as per your choice
  • Liquidity – through partial withdrawals from 6th policy year onwards
Features
  • Life coverage
  • Guaranteed additions up to 125% of one annual regular premium
  • Enhanced investment opportunity through 11 varied funds and the flexibility for switching and redirection
  • Partial withdrawals from 6th policy year onwards
Guaranteed Additions at a pre-specified percentage of one Annual Premium/Single-Premium, would be made to the Fund Value at the end of 10th policy year and every 5th year thereafter, subject to policy being in-force as on date of the proposed addition. Higher the policy term, higher the guaranteed addition. Maximum 125% of guaranteed additions available on selecting the policy term of 30 years under the regular premium plan.

Try our benefit illustrator below to see how you can build your wealth smartly.
Build wealth and live the life you earned.

Read more Best Snapdragon 865 Processor for Mobile You Should Know

SBI LIFE – SHUBH NIVESH

SBI Life Insurance 5 best Plans in 2020 : You Don't know DailyMagnet

Now avail insurance coverage and kick-start your wealth creation journey through systematic savings. SBI Life Insurance– Shubh Nivesh, an Individual, Non-linked, participating life insurance savings product, which provides insurance cover, savings and income under a single plan.

This savings plan offers –
  • Security – ensure your family is financially secure
  • Reliability – with simple reversionary bonuses throughout the policy term
  • Flexibility – through two plan options and option to receive regular income over a period of 5/10/15/20 years
  • Affordability – through rider benefits at an affordable cost
Features
  • Avail life cover for up to 30 years or whole life depending on your SBI Life Insurance needs.
  • Simple reversionary bonuses throughout the policy term
  • Two plan options – endowment option and endowment with whole life option.
  • Get comprehensive coverage at an affordable cost with three rider options.
  • Provides Additional Basic sum assured on death of the life assured post maturity, under the Endowment with whole life option.

Try our Benefit Illustrator below and let us help you secure you and your family.

 

Website Details  SBI Life Insurance

 

 

 

5 2 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
%d bloggers like this: