ULIP Scheme >> SBI Life - Smart ULIP (Series II)


Introduction

Due to the unpredictable nature of the market, you need a plan which not only protects your investment, but also enables you to get market related returns. SBI Life - Smart ULIP(Series II) is the perfect answer to your need, and will give you not only Guarantee on select NAVs during the first seven years, but also gives you the added attraction of participating in the market upside!

Features of SBI Life - Smart ULIP (Series II)

Guarantee of the highest of select NAVs in during the first seven years on Maturity.

Convenience through shorter premium paying term, giving you a choice between 2 premium paying terms (PPT).

�Power of more� - Guaranteed Maturity NAV, continues beyond the premium payment term.

Innovative structured investment fund -�FlexiProtect Fund (Series II)�.

Hassle free plan - we manage your investment, giving you maximum opportunity for growth while protecting your investments against adverse market conditions.

Investment cum Insurance plan giving market related returns.

Attractive Tax benefits under the Income Tax Act, 1961, subject to conditions.

Maturity Benefit:

On completion of Policy Term, Fund Value will be paid.

Fund value will be calculated based on NAV which is higher of- NAV as on date of Maturity or The Guaranteed Maturity NAV

Death Benefit:

Higher of the Fund Value or Sum Assured (net of partial withdrawals) is payable

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