Sbi

Overview

SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif. SBI owns 74% of the total capital and BNP Paribas Cardif the remaining 26%. SBI Life Insurance has an authorized capital of Rs. 2,000 crores and a paid up capital of Rs 1,000 crores.

Parentage

Along with its 5 Associate Banks, State Bank Group has the unrivalled strength of over 18,000 branches across the country, arguably the largest in the world.

BNP Paribas Cardif is the life and property & casualty insurance arm of BNP Paribas, one of the strongest banks in the world. BNP Paribas Group, having presence in more than 80 countries ranks highly in Retail Banking, Investment Solutions and Corporate & Investment Banking. BNP Paribas Cardif is one of the world leaders in creditor insurance and its life and non-life insurance units have received an AA rating from Standard & Poor’s.

Vision, mission & values

To be the most trusted and preferred life insurance provider "

Mission : "To emerge as the leading company offering a comprehensive range of life insurance and pension products at competitive prices, ensuring high standards of customer satisfaction and world class operating efficiency, and become a model life insurance company in India in the post liberalization period".

Values :

• Trustworthiness

• Ambition

• Innovation

• Dynamism

• Excellence

Multi-distribution model

SBI Life has a unique multi-distribution model encompassing vibrant Bancassurance, Retail Agency, Institutional Alliance and Corporate Solutions distribution channels.

SBI Life extensively leverages the State Bank Group relationship as a platform for cross-selling insurance products along with its numerous banking product packages such as housing loans and personal loans. SBI’s access to over 100 million accounts across the country provides a vibrant base for insurance penetration across every region and economic strata in the country, thus ensuring true financial inclusion. Agency Channel, comprising of the most productive force of over 80,000 Insurance Advisors, offers door to door insurance solutions to customers.

Key milestones

Financial Year 11-12:

• Awarded the most coveted NDTV Profit Business Leadership Award, twice in a row, 2010 & 2011.

• Awarded ‘Most Trusted Life Insurance Brand - II By The Economic Times, Brand Equity and

Nielsen, Most Trusted Brands 2011.

• Globally topped the prestigious Million Dollar Round Table (MDRT) for having the maximum number of MDRT members, for three years consecutively.

• CRISIL reaffirmed its AAA / Stable rating to SBI Life, indicating highest financial strength to meet policyholder obligations.

• ICRA reaffirmed its iAAA rating indicating highest claims paying ability and a fundamentally strong position.

• Won one of the most prestigious quality distinction, IMC Ramkrishna Bajaj National Quality Awards 2011- "Certificate of Merit"

• Awarded Silver Shield by ICAI for Excellence in Financial Reporting for FY 2010 – 11 under the Insurance category.

• Won 'Best Presented Accounts Award‘ by The South Asian Federation of Accountants (SAFA), in the Insurance Category for the Annual Report FY 2009-10.

Financial Year 10-11: • SBI Life won the coveted Bloomberg UTV Financial Leadership Award 2011 - "Life Insurer of the

year".

• Won the most coveted NDTV Profit Business Leadership Award 2010.

• Globally topped the prestigious Million Dollar Round Table (MDRT) 2010 for having the maximum number of MDRT members.

• Awarded the Gold Shield by Institute of Chartered Accountants of India (ICAI) for Excellence in Financial Reporting.

• Won the ‘ICS Quality Champion Award 2010’ for Continual Quality Improvement.

• Adjudged Best Life Insurer 2010 - Runner Up by Outlook Money.

• Launched an innovative customer care initiative - SMS ‘SOLVE’ for prompt Grievance Redressal.

• Appraised at Maturity level 3 of Capability Maturity Model Integration (CMMI) Version 1.2 for its ISG Division.

• ICRA reaffirmed ’iAAA’ rating to SBI Life, indicating highest claims paying ability and meeting policyholders obligations.

• CRISIL, country’s leading rating agency, reaffirmed its highest financial rating AAA/Stable to SBI Life.


• Reported a robust Net Profit of Rs.276 Crores.

• Crossed Rs.10,000 Crores in Gross Written Premium (GWP).

• Ranked No.1, in New Business Premium, amongst private life insurance companies.

• Assets Under Management (AUM) grew by 96% to Rs.28, 551 Crores.

• Globally topped the prestigious MDRT 2009 for having Maximum number of MDRT Members.

• ICRA reaffirmed iAAA rating to SBI Life indicating highest claims paying ability.

• Awarded ISO Certification (ISO/IEC 27001:2005) for Information Security Management System

(ISMS).

• Retained ISO 9001:2000 certificate for superior claim settlement process.


• Ranked among global top three in terms of number of Million Dollar Round Table (MDRT)

members.

• Bagged the coveted personal finance award-Outlook Money NDTV Profit "Best Life Insurer 2008".

• CRISIL, country’s leading rating agency, reaffirmed its highest financial rating AAA/Stable to SBI Life. In 2007, SBI Life became the first life insurer in India to receive this rating from CRISIL.

• ICRA assigned iAAA rating indicating highest claims paying ability to SBI Life Insurance.

• Retained ISO 9001:2000 certificate for superior claim settlement process.


• Ranked amongst global top five life insurance companies in the number of MDRT members.

• Rated as the ’The Most Trusted Private Life Insurer’ according to a survey conducted by Brand

Equity in association with AC Nielsen ORG-MARG and the Economic Times Intelligence Bureau.

• Received the highest financial rating ’AAA’ from CRISIL.

• Forayed into micro insurance with the launch of ’Grameen Shakti’ in Bhubaneshwar, Orissa for the economically underprivileged sections of society.

• Received ISO 9001: 2000 certification for superior claim settlement process.

• Received CMMI Level 3 certification for IT processes and software development capabilities.


• Second consecutive year of Profitability

• More than 6.40 Million lives covered


• Reported a robust net profit of Rs. 2.02 Cr

Corporate social responsibility

Gift Drishti

One of our corporate ethos, enhancing our SBI Life brand value, is about giving back to the society. In line with our Corporate Social Responsibility (CSR) initiatives, the cause of supporting our Elderly Citizens was initiated. Incidence of cataract blindness, annually at 3.28 million, is one of the most prevalent health ailments suffered by old people, particularly in rural pockets of our country.

On the occasion of World Elder's Day on 1st October, CSR initiative - "Gift Drishti" (Restoring vision) was launched in partnership with HelpAge India, a registered national level voluntary body, working for the cause of disadvantaged aged persons. Restoring vision is done through Intra Ocular Surgery (IOL). SBI Life employees made monetary contributions to the cause. SBI Life donated twice the sum contributed by its employees. Eye sight for thousands of elderly citizens was restored across the rural parts of the country. Gift Drishti Camps

Read India Pledge

SBI Life undertook the Corporate Social Responsibility (CSR) initiative, aimed at driving the cause to make children read and write. The campaign, "Read India Pledge" sensitized general public towards the cause and urged them to pledge & support the cause monetarily or by devoting time.

The campaign was partnered by Pratham, one of the leading child-cause related NGOs and Radio Mirchi, a leading radio station.

Read India Camps

Protection Plans

Introduction: Protection Plans are low cost insurance plans which are specially designed to provide full protection & financial stability to your family in case of any unforeseen events.

SBI Life presents range of attractive protection plans so that you can continue to celebrate life without worrying about the uncertainities of life. .

SBI Life - Smart Shield A Traditional Non - participating Pure Term Insurance Plan

http://www.sbilife.co.in/sbilife/content/9_4143

Introduction: SBI Life - Smart Shield is a traditional non-participating pure term plan, which is a one stop solution that meets all your insurance needs. With Options and benefits specially tailored for those who want best financial protection at an affordable cost, this is the perfect plan from your preferred insurance provider. Now your family stays protected, even when you are not around. Key Features:

• Establishes a solid foundation for a lifetime of financial security for your family.

• Rewards you for maintaining a healthy lifestyle.

• Wide variety of plan options to give you freedom from your liabilities.

• Large Sum Assured rebates.

• You can also customize your coverage by choosing from a wide range of additional benefits such as – Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider and Accelerated Critical Illness cover option.

• Tax benefits as per prevailing norms under the Income Tax Act, 1961.

Product Snapshot:

Plan Options

Option I Level Term Assurance

Option II Increasing Term Assurance

Option III Decreasing Term Assurance(Loan Protection)

Option IV Decreasing Term Assurance(Family Income Protection)

Term

Minimum Policy Term 5 years

Maximum Policy Term For Option I, II & IV - 30 yearsFor Option III - Equal to the outstanding loan term subject to maximum of 30 years

Premium

Minimum Premium Single Premium :- Rs. 15,000/-Regular Premium:- Yearly: Rs. 5,000/-Half-Yearly: Rs.2,500/-Quarterly: Rs.1,250/-Monthly: Rs. 450/-

Premium Mode Single/ Yearly / Half yearly / Quarterly / Monthly **

Age*

Minimum Entry Age 18 years

Maximum Entry Age 65 years

Maximum Maturity Age 70 years

Sum Assured

Minimum Sum Assured Rs. 25,00,000 (× Rs. 1,00,000)

Maximum Sum Assured No Limit

Riders Available

SBI Life - Accidental Death Benefit Rider (UIN: 111B015V01)

SBI Life-Accidental Total & Permanent Disability Benefit Rider (UIN: 111B016V01)

Options Available under the Product

Accelerated Critical Illness Benefit

* All the references to age are age as on last birthday. **For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT

Benefits:

• Death Benefit: Depending on the plan option chosen, the nominee will receive the effective Sum Assured under this policy.

• Maturity Benefit: No survival benefit available at the end of the term.

• Other Benefits:

• Riders:

• SBI Life - Accidental Death Benefit Rider (UIN: 111B015V01): In case of death due to an accident, the Rider Sum Assured is payable in addition to normal death benefit.

• SBI Life - Accidental Total and Permanent Disability Benefit Rider(UIN: 111B016V01):The Rider Sum Assured will be paid on the Life Assured being found eligible for the Total Permanent Disability Benefit as defined in the policy document.

• Cover Option: You have the option to further enhance your Level Term Assurance and Increasing Term Assurance by opting for the Accelerated Critical Illness benefit. This option is available with Level Term Assurance and Increasing Term Assurance benefit.

• Tax Benefits • Tax deduction under Section 80(C) is available. However in case the premium paid during the

financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured.

• Tax deduction under Section 80 (D) is available for premiums paid towards Accelerated Critical Illness Benefit.

• Tax exemption under Section 10(10D) is available, subject to the premium not exceeding 10%

of the sum assured in any of the years during the term of the policy.

• Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details.

These are only summary of the product features. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.

SBI Life - Saral ShieldA Traditional Non - participating Pure Term Plan

Introduction: SBI Life - Saral Shield is a traditional non-participating pure term plan, At a affordable cost, Saral Shield provides cover for your family and ensures that a proper safety net is created. Thus, it guarantees that there will be absolutely no compromise on your dreams and ambitions for your loved ones, at all times. Isn’t it great? So, get the Shield advantage now!! Key Features:

• Hassle-free, convenient and easy issuance.

• Financial Security.

• Wide varieties of plan options to give you freedom from your liabilities.

• Large sum assured rebates.

• Enhance your protection by availing two riders- Accidental Death Benefit Rider and Accidental Total and Permanent Disability Rider.


Product Snapshot:

Age at Entry Min: 18 years Max: 60 years

Age at Maturity Max: 65 years

Plan Options Level Term Assurance Decreasing Term Assurance (Loan Protection)Decreasing Term Assurance (Family Income Protection)

Sum Assured(x 50,000/-) Min: Rs. 7,50,000 Max: Rs. 24,00,000

Policy Term Min: 5 yearsMax: For Level Term Assurance and Decreasing Term


Assurance(Family Income Protection) - 30 yearsFor Decreasing Term Assurance (Loan Protection) - Equal to the outstanding loan term subject to maximum of 30 years

Premium Paying Term Same as policy term

Premium Modes For Level Term Assurance: Single Premium (SP), or Regular Premium(RP) (Yearly / Half-yearly / Quarterly / Monthly**)For Decreasing Term Insurance (Loan Protection) & DecreasingTerm Insurance (Family Income Protection) : Single Premium

Min Premium Amounts Regular Premium:Yearly Rs. 2,000/- Half-yearly Rs. 1,100/- Quarterly Rs. 600/- Monthly Rs. 250/-

Single Premium: Rs. 10,000/-

All the references to age are age as on last birthday.

** For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT Instant Premium Reckoner##

Age of Life

Assured(years)

For SA - Rs. 10 Lakhs For SA - Rs. 20 Lakhs

Policy Term (in years)/ Premium (in Rs) Policy Term (in years)/ Premium (in Rs)

10 15 20 25 10 15 20 25

25 2,052 2,052 2,188 2,413 3,442 3,442 3,713 4,163

30 2,197 2,409 2,711 3,132 3,731 4,157 4,759 5,602

35 2,778 3,204 3,775 4,459 4,893 5,745 6,888 8,255

40 3,726 4,483 5,350 6,379 6,791 8,304 10,038 12,096

45 5,421 6,556 7,866 NA 10,179 12,449 15,070 NA

Note: ## The above annual level term assurance premiums are for a standard, healthy male life and are inclusive of service tax as well as high sum assured rebate, wherever applicable. Tax Benefits

• Tax deduction under Section 80(C) is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured.

• Tax exemption under Section 10(10D) is available, subject to the premium not exceeding 10% of the sum assured in any of the years during the term of the policy.

• Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please

consult your tax advisor for details..

SA: Policy Sum Assured. NA: Not Available for this combination.

For more details on risk factors, terms and conditions please read sales brochure carefully before conducting a sale. SBI Life - Accidental Death Benefit Rider (UIN: 111B015V01), SBI Life - Accidental Total & Permanent Disability Rider (UIN: 111B016V01).

SBI Life - SwadhanA Non Participating Traditional Term Insurance Plan

Introduction: SBI Life - Swadhan is an affordable traditional term Insurance policy with refund of part / Total basic premium paid at the end of the term to the policyholder.

As a Maturity benefit, you receive a repayment of your premium contribution towards the policy. Available at a low premium, it can provide security to your loved ones. Key Features:

• Protection at affordable premium.

• Guaranteed refund of basic premium paid on Survival at the end of the term, depending upon the term of the policy.

• Life cover comes to you at no cost**

• Tax benefit u/s 80 C and 10 (10 D) of IT Act

• 5% rebate for Female lives

• Rebate on High Sum Assured

• Flexible benefit premium paying mode

• Free look period of 15 days ** Conditions Apply

Product Snapshot:

Term

Minimum Policy Term 5 years

Maximum Policy Term 10 years

Premium

Premium Mode Quarterly / Half yearly / Yearly

Age

Minimum Entry Age 18 years

Maximum Entry Age 65 years

Maximum Cover Age 70 years


Sum Assured

Minimum Sum Assured Rs 3 Lakhs

Maximum Sum Assured Rs 1 Crore

How does it work?

• You can take a cover ranging from 5-10 years. In the unfortunate event of death, the nominee would receive the entire sum assured as a lump sum payment.

• If you survive the entire term, you would be eligible to a refund of premiums depending upon the term of policy. For example, if your policy is for 5 years, you’d be eligible for refund of 50% of the total premiums paid; for 6 years, the refund would be 60%, and so on. Hence, if you’ve taken a policy for 10 years, you’d receive 100% of your premiums back as refund.

Benefits:

• Maturity Benefit: If you survive for the entire term of the plan, you would be eligible to a refund of the premiums depending upon the term of the policy.

Term Percentage of Basic Premium refunded

5 years 50%

6 years 60%

7 years 70%

8 years 80%

9 years 90%

10 years 100%

• Death Benefit: In the event of claim, your nominee would receive full Sum Assured.

• Riders Available: No Riders are available.





Savings Plans

Introduction: You may have plans for your loved ones or for yourself. It makes perfect sense to prepare well in advance with saving plan combined with life insurance cover. SBI Life’s plans will help you plan for your savings, be it your child’s wedding or education, buying a house or that dream vacation. So that you can Celebrate Life!

SBI Life - Smart Money Back InsuranceA Traditional Life Insurance Plan

Introduction: Smart Money Back Insurance is a savings plan with added advantage of life cover and cash inflow at regular intervals. It is participating traditional money back plan, meeting your various financial obligations at crucial junctures by its wide range of policy terms. Key Features:

• Money Back options specially tailored to suite your requirements

• Fixed cash inflows which can meet your various financial obligations

• Survival Benefit of 110% to 125% of Sum Assured paid till maturity

• Large Sum Assured discount

• Customize your coverage through the wide range of additional benefits - SBI Life - Accidental Death Benefit Rider (UIN:111B015V01), SBI Life - Accidental Total & Permanent Disability Rider (UIN:111B016V1), SBI Life - Preferred Term Rider (UIN: 111B014V01), and SBI Life - Criti Care 13 Non Linked Rider (UIN:111B025V01).

• Given below are the charts with various term options and accompanying Survival Payments:

Survival Benefit Installments (% of Basic Sum Assured)

Options

Term / Year End

(years)

4 5 8 10 12 15 20 25

Total (% of Basic

Sum Assured)

Option 1 12 20% 25% 65% + Vested Bonus

110%

Option 2 15 20% 25% 70% + 115%


Vested Bonus

Option 3 20 10% 20% 30%60% + Vested Bonus

120%

Option 4 25 10% 10% 15% 30%60% + Vested Bonus

125%

Product Snapshot

Age^ at Entry Plan Options Option 1 -

Term12 years

Option 2 - Term

15 years

Option 3 - Term

20 years

Option 4 - Term

25 years

Min. entry age 14 years 14 years 14 years 14 years

Max. entry age 58 years 55 years 50 years 45 years

Age^ at Maturity Min: 26 years Max: 70 years

Sum Assured Min: Rs.75,000/- ( x 1,000/-) Max: No Limit

Policy Term Option 1 Option 2 Option 3 Option 4

12 years 15 years 20 years 25 years

Premium Paying Term

Same as policy term

Premium Frequency Yearly / Half-yearly / Quarterly / Monthly#

Premium Min

Yearly - Rs.4,500

Half-yearly - Rs. 2,400

Quarterly - Rs.1,200

Monthly# - Rs.400

Max

No limit

No limit

No limit

No limit

^ All the references to age are age as on last birthday.# 3 Months premium to be paid in advance and renewal premium payment through Electronic Clearing System (ECS) or Standing Instructions (where payment is made either by direct debit of bank account or credit card]

Benefits:

• On survival: • Before maturity: The survival benefit installments expressed as a fixed percentage

of basic sum assured payable at the end of specified durations during the policy term, as explained above.

• At maturity: Final survival benefit installment + Vested simple reversionary bonus + Terminal bonus, if any.

• On Death:

• Basic Sum Assured + Vested simple reversionary bonus + Terminal bonus, if any.

Tax Benefits:


• Tax deduction under Section 80 (D) is available for premiums paid towards Criti Care 13 Non Linked Rider.



Rider Brochures:

• SBI Life - Criti Care 13 Non - Linked Rider (UIN:111B025V01)

SBI Life – Flexi Smart Insurance A Non-Participating Traditional Life Insurance cum Savings plan

Introduction: SBI Life – Flexi Smart Insurance, an Individual, Non-Participating traditional life insurance cum savings plan, which helps you in fulfilling all your dreams. It gives you flexibility to adapt to your ever-changing needs, while assuring guaranteed benefits to take care of your savings.

Key Features:

• Guaranteed Interest Rate: Guaranteed interest rate of 2.50% p.a., will be guaranteed for the entire policy term.

• Interim Interest Rate: An interim interest rate will be declared at the beginning of every financial year, which will be equal to or more than Guaranteed Interest Rate and will be guaranteed for that year.

• Additional Interest Rate: An additional interest rate may also be declared, as on 31st March, every year, based on the performance of the Company.

• Your policy account will be credited with interim interest rate and additional


interest rate, if any

• Superior Flexibilities:

• Flexibility in premium frequency -> Yearly, Half Yearly, Quarterly and Monthly.

• Option of premium holiday during the policy term.

• Enjoy complete flexibility to increase or decrease your Sum Assured.

• Option to choose sum assured multiplier factor (SAMF).

• Option to boost your investments through Top-ups.

• Triple Plan Benefit of guaranteed interest rate, additional interest rate and superior flexibilities.

Product Snapshot:

Age^ at Entry

Min: 8 years Max: 60 years

Age^ at Maturity

Max: 70 years

Sum Assured

Min: Annualized Premium × 10 Max: Annualized Premium × 20

Policy Term 10 to 20 years (both inclusive)

Premium Paying Term

Same as policy term

Premium Frequency

Yearly / Half-yearly / Quarterly / Monthly***

Premium Amounts

MinYearly - Rs 15,000 (X 100)*Half-yearly - Rs 8,500 (X 100)*Quarterly - Rs 4,500 (X 50)*Monthly - Rs 1,500 (X 50)*

*In case of mode change it may be in multiples of Re 1

MaxNo limitNo limitNo limitNo limit

Top-up Premium

Rs.2,000 (X 100) At any point of time during the policy term, the total top-up premium paid shall not exceed the sum total of regular premiums paid at that point of time

^All the references to age are age as on last birthday.***For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT

Benefits:

• On Death

• Death benefit is payable only when your policy is inforce. In case of death

of the life assured during the policy term, death benefit will be sum of :

• Balance of Policy Account at the time of death intimation.

• Sum Assured.

• In case of death of life assured, when policy is in premium holiday mode,

death benefit will be sum of :

• Balance of Policy Account at the time of death intimation.

• Sum Assured MINUS unpaid risk premium component along with applicable taxes.

• In case of minor life assured, if the proposer dies, no benefit will be paid. For the policy to be in force, guardian of the life assured should continue paying premiums.

• On Maturity • At maturity we would be declaring terminal interest rate, which will be

attached to your balance policy account and will be paid to you as on the date of maturity in lump sum.

• Tax Benefits • Tax deduction under Section 80(C) is available. However in case the

premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured.


• Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details..

* Interim Interest rate will be declared at the beginning of every Financial Year. Additional Interest Rate may also be declared, as on 31st March, every year. The guarantee is applicable to policies which are inforce and within the revival period.

SBI Life - SanjeevanSupremeA Traditional Saving Plan

Introduction: SBI Life – Sanjeevan Supreme is a traditional Saving Plan with added advantage of life cover and guaranteed cash inflow at regular intervals tailored to suit all your needs and requirements. This plan is designed for individuals who want to plan for various financial obligations at specified times in life. It provides you with financial support for fulfilling all your long term and short term goals. Further, it offers you a life cover for the term of your choice and that too without burdening you premium payment for the entire term.


Key Features:

• The plan has a number of moneyback options specially suited to your needs.

• The cover is available at competitive premium rates.

• It has guaranteed cash inflows which can meet your various financial obligations.

Product Snapshot

Plans Options

Plan A, Plan B, Plan C, Plan D

Term

Plan A Plan B Plan C Plan D

Premium Payment Term ( PPT) 6 years 6 years 10 years 10 years

Growth / Deferment Period 4 years 4 years 5 years 5 years

Money Back Period 5 years @ 20% Sum Assured p.a.

10 years @ 10% Sum Assured p.a.



Total Term of the Policy 15 years 20 years 20 years 25 years

Premium

Premium Payment Mode Yearly / Half Yearly / Quarterly / Monthly** / Single Premium

Age*

Minimum Entry Age 18 years 18 years 18 years 18 years

Maximum Entry Age 60 years 55 years 55 years 50 years

Sum Assured

Minimum Sum Assured Rs 50000/-

Maximum Sum Assured Rs 5 Crores

Riders Available

SBI Life - Accidental Death and Permanent Disability Rider: (UIN: 111C001V01)

SBI Life - Pure Term rider: (UIN: 111B003V01)

* All the references to age are age as on last birthday. **For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT

Benefits:

• You can pay off all premiums over a short period of time and be free from paying premiums for the rest of the policy term, while enjoying all the benefits for the

entire policy term.

• Enjoy the benefits of bonus additions for the entire term of the policy.

• Convenient premium payment options: Single and Multiple premium payment.

• Maturity Benefit At the end of the growth period, you would receive guaranteed payout in 5 years or 10 years, depending on the plan option chosen by you. The bonuses declared by the company get accumulated for the entire term of the plan and you would receive total bonus along with the final installment of Survival benefit.

• Death Benefit In the unfortunate event of death during the term of the plan, the nominee would receive sum assured + vested bonuses, besides receiving of the survival benefit already paid.

• Exclusions applicable to the Basic cover Suicide within the first year.





SBI Life – Shubh NiveshA with profit Endowment Assurance Plan with an option of Whole Life Cover

Introduction: SBI Life - Shubh Nivesh is an Endowment product with an option of Whole Life coverage. The basic purpose is to provide Savings, Income and Insurance Cover to you and your family. Not only you can save regularly for your future but you also have the flexibility to receive the maturity amount as a lump sum or as a regular income for a chosen period, depending upon your needs.

Key Features:

• A unique Savings cum Insurance Plan with the flexibility of Whole Life option as an add-on

• Triple benefits of Wealth Creation, Regular Income and Insurance Cover under a single plan

• Convenience of premium payment options - Single Premium and Regular Premium


• Comprehensive risk coverage through 3 Riders:

• SBI Life - Preferred Term Rider (UIN:111B014V01)

• SBI Life - Accidental Death Benefit Rider (UIN:111B015V01)

• SBI Life - Accidental Total & Permanent Disability Rider (UIN:111B016V01)

• Option to receive the Basic Sum Assured at regular interval over a stipulated time period of 5/10/15/20 years.

• Tax benefits as per prevailing norms under the Income Tax Act, 1961

How does it work? SBI Life – Shubh Nivesh has two options:

Endowment Assurance: The base plan is a traditional endowment plan with simple reversionary bonuses which accrue till the end of the endowment term. The sum assured with all accrued bonuses will be paid on death during the endowment term or survival till the end of the endowment term.

Whole Life Endowment: The policyholder has to opt for the Whole Life Endowment option at the proposal stage itself, wherein the sum assured along with the accrued bonus till the end of the endowment term will be paid to the policyholder, and an amount equal to the basic sum assured will be paid on the life assured attaining 100 years of age or on the death of the life assured, if earlier.

Benefits:

• Maturity Benefit: Depending upon the plan option chosen:

• Endowment Assurance (i.e. if Whole Life option is not taken):

• After completion of endowment term, the Basic Sum Assured + vested Simple Reversionary Bonus is paid

• If Deferred Maturity Payment option has been chosen, the accrued bonus will be paid on the date of maturity and the policyholder may choose to receive the sum assured in regular installments over the next 5/10/15/20 years.

• Whole Life Endowment (i.e. Whole Life option is taken):

• After completion of endowment term the Basic Sum Assured + vested Simple Reversionary Bonus is paid.

• If, Deferred Maturity Payment option has been chosen, the accrued bonus will be paid on the date of maturity and the policyholder may choose to receive the sum assured in regular installments over the next 5/10/15/20 years.

• An amount equal to the basic sum assured will be paid on the life assured attaining 100 years of age.

• Death Benefit: In the unfortunate death of the Life Assured, depending upon the plan option chosen:

• Endowment Assurance (i.e. if Whole Life option is not taken):

• Death before the completion of Endowment term: Sum Assured + Simple Reversionary Bonus (if any) is paid to the nominee

• Deferred Maturity Payment Option has been availed and death happens after the

completion of Endowment term: The Balance amount of the Deferred Maturity Payment Option, if any would continue to be paid to the legal heirs till the end of the stipulated period as chosen

• Whole Life Endowment (i.e. if Whole Life option is taken) :

• Death before the completion of Endowment term:

• Sum Assured + Simple Reversionary Bonus (if any) is paid to the nominee

• Death after the completion of the endowment term up to 100 years of age:

• Sum Assured under the Whole Life coverage is paid to the nominee.

• If deferred Maturity Payment Option has been availed and death happens after the completion of Endowment term but before the receipt of the final installment under the deferred payment option, the basic sum assured under the Whole Life coverage is paid to the nominee and the balance amount of the Deferred Maturity Payment Option, if any would continue to be paid to the nominee till the end of the stipulated period as chosen

• Other Benefits

• Deferred Maturity Payment Option: You have the option to avail the sum assured as regular payouts over a stipulated period of 5/10/15/20 years. The amount of regular income payable will be quoted based on the rates available at that time

• Three sets of riders: -

• SBI Life - Preferred Term Rider (UIN:111B014V01): The Preferred Term rider Sum Assured is payable in addition to normal death benefit

• SBI Life - Accidental Death Benefit Rider (UIN:111B015V01): In case death due to an accident, the rider Sum Assured is payable in addition to normal death benefit

• SBI Life - Accidental Total and Permanent & Disability Rider (UIN:111B016V01): The rider Sum Assured will be paid on the Life Assured being found eligible for the Total Permanent Disability Benefit as defined in the policy document.

Shubh Nivesh at a Glance:

Minimum Maximum

Entry Age 18 years 60 years

Maturity Age 23 years 65 years

Policy Term 5 years 30 years

Sum Assured Rs.75,000 No limit

Mode of Premium Payment: Yearly, Half-Yearly, Quarterly, Monthly & Single Premium

* For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed

only through ECS, Credit card, Direct debit and SI-EFT

Tax Benefits:




SBI Life - Saral LifeA participating Endowment Assurance Plan

Introduction: SBI Life - Saral Life, a traditional, participating endowment plan which helps you to meet any requirement in life and is designed with a difference…a take away insurance especially weaved for you with the threads of Simplicity, Availability & value for your money.

Key Features:

• An unique savings cum insurance cover with easy acceptance.

• Enrolment based on Simplified Questionnaire and Good Health Declaration.

• Instant Processing.

• Flexibility in Coverage - Sum Assured in options of Rs.1 lakh / Rs.2 lakhs / Rs.3 lakhs.

• Customize you coverage period by choosing from 10/15/20/25 years, as per your requirement.


Product Snapshot

Age at Entry** Min: 18 years Max: 60 years

Age at Maturity Max : 70 years

Policy Term 10/15/20/25 years

Premium Payment Term Same as Policy Term

Premium Modes Yearly / Half-yearly / Quarterly / Monthly***

Sum Assured Rs. 1 lakh/ Rs. 2 lakhs/ Rs. 3 lakhs


** All the references to age are age as on last birthday. *** For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT

Benefits:

• Maturity Benefit:- On survival of the life assured, till the policy term, the Sum Assured along with the accrued regular bonus and terminal bonus (if any) is payable.

• Death Benefit:- In case of unfortunate demise of the life

assured within the policy term, the Sum Assured along with the accrued regular bonus and terminal bonus (if any) is payable to the nominee.

• Tax Benefits • Tax

deduction under Section 80(C) is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured.

• Tax exemption under Section 10(10D) is available, subject to the

premium not exceeding 10% of the sum assured in any of the years during the term of the policy.

• Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details..

Unit Linked Plans

Introduction:

Unit Linked Insurance Plans are long term investment cum protection plans that offer you an opportunity of availing market linked returns while providing life insurance protection. Depending on your risk appetite, you have the option of choosing from host of funds having varied degree of risk exposure. Flexibility and transparency are some of the other attractive features that make ULIPs an attractive long term investment option. To help you fulfill your long term dreams, SBI Life presents you a wide range of ULIPs so that you continue to Celebrate Life!

SBI Life - Smart PerformerA Non-participating Unit Linked Life Insurance Plan

Introduction: The equity market may have its ups and downs, but you now have a protective shield that will safeguard your investments, while providing upside potential. SBI Life brings you ’Smart Performer’, a Unit Linked, Non Participating insurance product that offers you the twin benefits of ’Higher than the Highest’ of the daily NAV Guarantee and the prospect of market upside. What’s more, it also allows you to protect your gains through Automatic Rebalancing facility and offers you a choice of Single and Limited Premium Payment options. Key Features:

• Guarantee at maturity based on ’5% Higher than Highest Guaranteed NAV’ during the first seven years or prevailing NAV at Maturity, whichever is higher, subject to conditions#.

• Enjoy the best of both worlds - Guarantee only or Guarantee and Market Upside through our Plan offerings - ‘Secure Plan’ and ‘Secure N Grow Plan’ respectively

• ‘Automatic Rebalancing’ to Lock-in your gains

• Convenience through single premium (SP) or 5 year Premium Paying Term (PPT)

• Life Insurance coverage with minimum Sum Assured of 10 times or 7 times of your Annualised Premium (AP), based on your age.

• Liquidity through Partial Withdrawal(s)

• Option to customize the product with Accidental Death Benefit

Product Snapshot

Age at Entry* Min: 9 years Max: 65years

Age at Maturity Max: 75 years

Premium Payment Term SP or 5 years

Minimum Limited Premium Amounts (X 100)

Minimum Single Premium (X 100)Maximum Limited/Single Premium Amounts

Yearly Rs 50,000Half-yearly Rs 44,000Quarterly Rs 36,000Monthly Rs 20,000

Rs 60,000No limits

Policy Term 10 years from the start of the subscription period.

Premium Modes Single / Yearly / Half-yearly / Quarterly / Monthly***


Sum Assured Age/PPT For 5 yr PPT For SP

Minimum Maximum Minimum Maximum

Below 45 Yrs

10 * AP 20*AP 1.25*SP 5*SP

Between 45yrs & 60yrs

7 * AP 20*AP 1.25*SP 5*SP

61 yrs and above

7 * AP 7 * AP 1.25*SP 1.25*SP

Plan Options 2 Plan Options:1. Secure Plan - All your funds would be invested in the

Daily Protect Fund2. Secure N Grow Plan - 80% of your funds would be

invested in the Daily Protect Fund and 20% would be invested in the Index Fund

* All the references to age are age as on last birthday.

*** For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed

only through ECS, Credit card, Direct debit and SI-EFT

Benefits:

• Maturity Benefit: On completion of Policy Term, Maturity Value will be paid.Maturity value for the Daily Protect Fund will be calculated based on NAV which is higher of:

• Prevailing NAV as on date of Maturity OR

• Higher than Highest Guaranteed NAV: There will be an increment of 5% to the Highest NAV achieved during the first seven years under the ‘Daily Protect Fund’.

• In addition, if there are any units in the Index Fund, the Fund value of such units, calculated at the Prevailing NAV would also be added, in order to arrive at the Maturity Value

• Death Benefit: Higher of the Fund Value or Sum Assured## is payable; subject to a minimum of 105% of the total premiums paid## at the time of death. The death benefit is payable only for inforce policies.

• Accidental Death Benefit Option: Accidental Death Benefit: Provides additional death benefit if the death occurs as a result of an accident.

Tax Benefits

• Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured.



Note:Daily Protect Fund - III (SFIN : ULIF020010911DLYPRO3FND111) Index Fund (SFIN : ULIF015070110INDEXULFND111)

# The Guaranteed NAV is applicable onlyin respect of the Daily Protect Fund (and the applicable series of the fund) andshall be available only at maturity, and shall be further subject to thePolicy being in force till the maturity date. Guarantee charge of 0.50%p.a. of Daily Protect Fund (applicable series) value, would berecovered from the fund (through cancellation of units) to provide theNAV guarantee.

SBI Life - Unit Plus SuperNon-participating Unit Linked Life Insurance Plan

Introduction: SBI Life – Unit Plus Super is a flexible non participating Unit linked insurance Plan, specially designed to meet your changing requirements at various stages of life. With a wide array of funds, riders and other options, this product gives you the complete freedom to fulfill all your investment and insurance needs. And that’s not all; we now also offer you guaranteed additions and choice of payment options, giving you far superior value.

Key Features:

• Guaranteed Additions# of up to 75% of one annual regular premium on a regular premium policy, for a 30 year policy term, subject to the Policy being in force till the maturity date.

• No Policy Administration fee for first 5 years for Regular and Limited Premium Paying Term (LPPT) plans, thereby boosting your fund value

• No Premium Allocation Charge from 11th year onwards

• Guaranteed Additions starting as early as 10th policy year onwards

• Enhanced investment opportunity through 9 varied Fund Options including P/E Managed Fund, Index Fund & Top 300 Fund

• Option to pay Regular/Limited/ Single Premium; Switch or Redirect your premiums

• Flexible product with an option to increase/decrease your Sum Assured from 6th year onwards

• Life Insurance coverage, with minimum Sum Assured, based on your age

• Liquidity through Partial Withdrawals.

• Option to customize the product with a wide range of riders: SBI Life - Criti Care 13 Rider (UIN: 111A018V01), SBI Life - Accidental Death Benefit Linked Rider (UIN: 111A019V01), SBI Life - Premium Payor Waiver Benefit Rider (UIN: 111A017V01) and SBI Life - Income Sustainer Rider (UIN: 111A020V01).

Product Snapshot

Age at Entry* Min: 7 years Max: 65 years

Age at Maturity 75 years

Policy Term Min. Term:


For Regular Premium (RP) -10 yrs, 15 to 30 years (both inclusive)For Limited Premium Payment Term (LPPT) - 10 yrs, 15 to 30 years (both inclusive)For Single Premium (SP) - 5 years

Max. Term: For Regular/Limited/Single Premium Option – 30 years

Premium Payment Term

For Regular Premium – Same as Policy TermFor Limited Premium Payment Term (LPPT) -

Policy Term PPT

10 year 5 or 8 years

15-30 years 5 or 8 or 10 years

For Single Premium – Single Payment

Premium Amount (X 100)

Minimum MaximumFor RP Rs. 30,000 Rs. 1,50,000For LPPT Rs. 40,000 Rs. 1,50,000For SP Rs. 65,000 Rs. 1,50,000

Premium Modes Single /Yearly

Sum Assured Minimum: For Regular Premium (RP) & LPPT -For Ages below 45 yrs : Higher of {10 * Annual Premium (AP) or (0.5 * Term * AP)}For Ages 45yrs & above: Higher of {7 * AP or (0.25 X Term X AP)}

For Single Premium (SP) - For Ages below 45 yrs: 1.25 * SPFor Ages 45yrs & above: Fixed - 1.25 * SP Maximum:

Particulars For Regular Premium

For Limited Premium

For Single Premium

Entry Age Below 45 yrs

45 yrs & above

Below 45 yrs

45 yrs & above

Below 45 yrs

Sum Assured 20 * AP 20 * AP 20 * AP 15 * AP 5 * SP


Benefits:

• Maturity Benefit: On completion of Policy Term, Fund Value will be paid.

• Death Benefit: Higher of the Fund Value or Sum Assured## is payable; with a minimum of 105% of total basic premiums paid## till the time of death.

• Rider Benefits:

• Criti Care 13 Rider: Provides lump sum amount to take care of 13 Critical Illnesses which include Cancer, Coronary Artery Bypass Graft Surgery, Heart Attack, Heart Valve

Surgery, Kidney Failure, Major Burns, Major Organ Transplant, Paralysis, Stroke, Surgery of Aorta, Coma, Motor Neurone Disease and Multiple Sclerosis

• Accidental Death Benefit Linked Rider: Provides additional death benefit if the death occurs as a result of an accident.

• Premium Payor Waiver Benefit Rider: In the event of the death of the Proposer, the cover for the Life Assured under the base policy continues and the future premiums under the base policy, payable during the rider term, will be paid by the Company.

• Income Sustainer Rider: Provides additional benefit in the case of death or in the case of Total & Permanent Disability due to Accident or Sickness, whichever is earlier. A 25% of income sustainer benefit sum assured is paid upfront and 1% of income sustainer benefit sum assured is paid monthly in arrears for 10 years or till the end of the base policy term (capped at a maximum of 30 years) whichever is higher.

• Tax Benefits:

• Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured. Tax deduction under Section 80 (D) is available for premiums paid towards Criti Care 13 Rider.

• Tax exemption under Section 10(10D) is available, subject to the premium not exceeding 10% of the sum assured in any of the years during the term of the policy.Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details.

Rider Brochures:

SBI Life - Accidental Death Benefit Linked Rider

SBI Life - Criti Care 13 Rider

SBI Life - Income Sustainer Rider

SBI Life - Premium Payor Waiver Benefit Rider

Note:Index Fund (SFIN : ULIF015070110INDEXULFND111) Top 300 Fund (SFIN : ULIF016070110TOP300-FND111)P/E Managed Fund (SFIN : ULIF021080910P/EMNGDFND111)

# For any partial withdrawal done, the guaranteed addition shall be reduced proportionately.## Net of partial withdrawals.

SBI Life - Saral Maha AnandA Non - participating Unit Linked Life Insurance Plan


Introduction: SBI Life - Saral Maha Anand is a product created just for you, which will pleasantly surprise you with its sheer simplicity and convenience! It is a unit linked non participating Life Insurance Plan, which lets you manage your investments according to your risk appetite, giving you the power to realise market related returns on your policy. You can choose your required Life Insurance cover subject to a minimum and maximum limit.

Key Features:

• No medical examination, Simple joining process#.

• Liquidity through Partial Withdrawals.

• Guaranteed Additions## of up to 30% of one annual premium, for a 20 year policy term, subject to the Policy being in force till the maturity date.

• Option to avail additional rider benefit under SBI Life - Accidental Death Benefit Linked Rider (UIN: 111A019V01)

• 4 Fund options, to enjoy market related returns as per your risk appetite.

• Twin Benefit of Market linked returns & insurance cover.

Product Snapshot

Age at Entry ^ Minimum: 18 years Maximum: 55 years

Max. Age at Maturity 65 years

Policy Term 10 years / 15 years / 20 years

Minimum Premium Amounts(x100)

Yearly : Rs. 15,000/- Half-yearly : Rs. 9,500/- Quarterly : Rs. 5,500/- Monthly : Rs. 2,000/-

Maximum Premium Amounts(x100)

Yearly : Rs. 29,000/-

Half-yearly : Rs. 14,500/-

Quarterly : Rs. 7,200/-

Monthly : Rs. 2,400/-


Sum Assured Minimum:Age below 45 years : 10 × AP

Age 45 years or above : 7 × APMaximum: 20 × AP

Partial Withdrawals Upto 15% of Fund Value can be withdrawn each year, from 6th year onwards, subject to conditions. One partial withdrawal is free in a policy year.

Tax Benefits** Under Sec. 80C and Sec. 10(10D) of Income Tax Act,1961

^ All the references to age are age as on last birthday

** Tax benefits are subject to change in tax laws. Please consult your tax advisor for details. *** For monthly mode, 3 months premium to be paid in advance and renewal premium payment is

allowed only through ECS, Credit card, Direct debit and SI-EFT

Benefits:


• Death Benefit: Higher of the Fund Value or Sum Assured* is payable; with a minimum of 105% of total basic premiums paid* till the time of death.

• Rider Benefits:

• Accidental Death Benefit Linked Rider: Provides additional death benefit if the death occurs as a result of an accident.

Tax Benefits




Rider Brochures:• SBI Life - Accidental Death Benefit Linked Rider

# No medical underwriting if no adverse declaration is made in the proposal form by the policyholder## For any partial withdrawal done, the guaranteed addition shall be reduced proportionately.* Net of partial withdrawals. For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale

Unit Linked products are different from the traditional products and are subject to market risks. The premium paid in Unit Linked policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.SBI Life is only the name of the insurance company and SBI Life – Saral Maha Anand is the name of the unit linked insurance contract and does not in any way indicate the quality of the contract, its future prospectus or returns. Please know the associated risk and applicable charges from your Insurance Advisor or the intermediary or the policy document. Insurance is the subject matter of solicitation.

SBI Life - Smart EliteA Non-participating Unit Linked Life Insurance Plan

Introduction:


SBI Life - Smart Elite is a Unit Linked Insurance plan - an exquisitely crafted product, exclusively for special customers like you. It gives you flexibility to pay premium(s) for limited term or single premium, with the freedom to stay invested and protected for long term. What’s more, you have the power of choosing the option best suited to your needs. All this and more, coming from SBI Life – your preferred insurer, adds enormous value to your investments.

Key Features:

• Pay premiums only for a limited term of 5, 8 or 10 years or a Single Payment, as per your convenience and enjoy benefits throughout the chosen policy term.

• No Premium Allocation Charges from 6th policy year onwards, thereby enhancing your fund value.

• Two protection options available: Gold Option & Platinum Option

• Invest in wide range of funds and manage them as per your convenience.

• Life Insurance coverage with minimum Sum Assured of 10 or 7 times of your Annual Premium (AP), based on your age.

• Switch and redirection facility, to pilot your investments.

• Option to increase/decrease your Sum Assured from 6th policy year onwards.

• Accidental Death and Accidental Total and Permanent Disability (Accidental TPD) benefit automatically comes to you as an integral part of the plan!

Product Snapshot :

Age at Entry* Min: 18 years Max: 60 years



Premium Payment Term • For Limited Premium Payment Term (LPPT) – 5 or 8 or 10 years.

• For Single Premium – Single Payment.

Minimum Limited Premium Amount (X 100)

Minimum Single Premium Amount (X 100)

Maximum Limited/Single Premium Amount (X 100)

Yearly Rs 150,000Half-yearly Rs 75,000Quarterly Rs 37,500Monthly Rs 12,500

Rs 200,000

No limit

Premium Modes Single /Yearly /Half-yearly /Quarterly / Monthly***

Sum Assured Minimum: For LPPT - For Ages below 45 yrs : 10 * Annual Premium (AP) For Ages 45yrs & above: 7 * AP

For Single Premium (SP) – For All Ages : 1.25 * SP

Maximum:For LPPT - For All Ages - 20 * AP

For SP – For All Ages - 5 * SP

* All the references to age are age as on last birthday. ***For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT

Benefits:

• Maturity Benefit:On completion of Policy Term, Fund Value will be paid.

• Death Benefit:

• For Gold Option: Higher of Fund Value or Sum Assured is payable; with a minimum of 105% of total premiums paid# till the time of death.

• For Platinum Option: Fund Value plus Sum Assured# is payable; with a minimum of 105% of total premiums paid# till the time of death.

• In-built Benefit:

• Accidental Death and Accidental Total and Permanent Disability (Accident Benefit):Provides an additional benefit for Accidental Death or Accidental TPD.

• Tax Benefits




# Net of partial withdrawals

**Tax benefits are subject to change in tax laws. Please consult your tax advisor for details.

SBI Life - Smart ScholarA Non - participating Unit Linked Life Insurance Plan

Introduction:


Life begins afresh when you become a parent. It’s a joy you never felt and a feeling you never experienced. When your child takes baby steps towards you, you wonder what else bliss could be?Amidst all this divine happiness, there’s a new sense of responsibility that fills your heart. Like you may not really believe that life’s a rose bed or a tender cushion, but you certainly want it to be for your lovely children. At SBI Life, we understand and we provide you with a flexible and all-encompassing solution through our SBI Life - Smart Scholar Plan.

Choose the one that suits you and your child’s needs best. Our specially crafted Smart Scholar Plan is as accommodating as you are to your child.

Key Features:

• Secure your child’s future by gaining from the financial markets and much more.

• Dual protection for your family, in case you are not around –• Payment of base Sum Assured and• Inbuilt Premium Payor Waiver benefit to ensure continuance of your benefits.

• Accident Benefit which includes Accidental Death benefit and Accidental Total and Permanent Disability (Accidental TPD) benefit, is an integral part of the plan.

• Free allocation of units by way of regular Loyalty Additions, giving periodic boosts to your investments.

• Enhanced investment opportunity through 9 varied fund options including P/E Managed Fund, Index Fund & Top 300 Fund.

• Twin benefits of market linked return & insurance benefit.

• Liquidity through partial withdrawal(s).

Product Snapshot :

Age at Entry * Child: Min: 0 years Max: 17 years

Proposer: Min: 18 years Max: 57 years


Policy Term Min: 8 years Max: 25 years less child’s age at entry(On Maturity, the age of child should be between 18 to 25 years)

Premium Payment Terms (PPT) • Single Premium

• 5 to 25 years (subject to the limits of policy term)

Premium Amounts(x100) Minimum:

PPT Frequency Minimum(Rs)

SP Single 75,000

5 years to 7 years

Yearly 50,000

Half Yearly 25.000

Quarterly 12,500

Monthly*** 4,500

8 years or more Yearly 24,000

Half Yearly 16,000

Quarterly 10,000

Monthly*** 4,000

Maximum : No Limit

Sum Assured For Single Premium:

Minimum Maximum

Across all ages Age<45 years Age=>45 years

1.25 * SP 5 * SP 1.25 * SP

For other PPTs:

Minimum Maximum

Age<45 years Age=>45 years Across all

Higher of: 10 * AP or ½ * T * AP

7 * AP 20 * AP

Partial Withdrawals Upto 15% of Fund Value can be withdrawn each year, from 6th year onwards, subject to conditions. 1 free partial withdrawal in a policy year


* All the references to age are age as on last birthday. *** For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT

Loyalty Additions, by way of free allocation of units:During the term of the policy loyalty units would be given for in-force policies on completion of specific durations. Loyalty additions depend on term of the policy.The loyalty addition at relevant policy year end will be equivalent to –

1% x [Average fund value over the 1st day of the last 24 policy months]

Loyalty additions are payable at the end of the year(s) as per the chart below:

Benefits:

• Basic Life Benefit:

• In the event of unfortunate death of life assured, a lump sum benefit equal to higher of the Sum Assured or 105% of all premiums paid till date of death will be payable.

• If on the date of death, the sum assured is less than 105% of all premiums paid, the amount in excess of the sum assured will be paid from your fund by disinvestment of units.

• In the event of death of child no sum assured is payable. Life assured will inform the Company regarding the event. In such case he/she can either continue the policy or terminate the contract. In case of termination of contract, the fund value (without any surrender charges), will be payable.

• If both the life assured and the child die during the term of the policy the policy will be automatically terminated and all due benefits will be paid along with the fund value..

• Maturity Benefit:

• On completion of the policy term, maturity benefit i.e. the fund value shall be paid to beneficiary in a lump sum or as per settlement option, if chosen.

The beneficiary will be:

The policyholder if he/she survives. OR Child, in case of death of the life assured during the policy term.

• Tax Benefits

• Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured. .



Note:Index Fund (SFIN : ULIF015070110INDEXULFND111) Top 300 Fund (SFIN : ULIF016070110TOP300-FND111)P/E Managed Fund (SFIN : ULIF021080910P/EMNGDFND111)

SBI Life - Smart HorizonA Non-participating Unit Linked Life Insurance Plan

Introduction: SBI Life – Smart Horizon is a non participating Unit Linked Life Insurance Plan. With Smart Horizon, we give you a hassle free way to get market linked returns through the unique feature of Automatic Asset Allocation, so you truly don’t need to be an expert to grow your money! Should you be keen on managing your money actively, we also give the freedom to take charge of your investments. Key Features:


• No Premium Allocation Charge from 2nd year onwards, thereby enhancing your fund value.

• Hassle free investment management by way of Automatic Asset Allocation, also a choice to manage your investments actively by choosing between 4 diverse fund options at your disposal.

• You can also enjoy the best of both worlds, by a combination of Automatic Asset Allocation and the Active Fund Management options.

• Life Insurance coverage, with minimum Sum Assured based on your age.

• Flexible product with an option to increase or decrease your Sum Assured, from 6th year onwards.

• Switch and redirection facilities, to give you the power for active management of your investments.

• Option to customize the product with a wide range of riders: SBI Life - Criti Care 13 Rider (UIN: 111A018V01), SBI Life - Accidental Death Benefit Linked Rider (UIN: 111A019V01), SBI Life - Premium Payor Waiver Benefit Rider (UIN: 111A017V01) and SBI Life - Income Sustainer Rider (UIN: 111A020V01).

Product Snapshot

Age at Entry* Minimum: 7 years Maximum: 60 years


Policy Term 10 yrs, 15 to 30 years (both inclusive)

Regular Premium Amount (X 100)

Minimum Maximum

Yearly Rs 24,000 Rs 74,000

Half-yearly Rs 15,000 Rs 37,000

Quarterly Rs 8,000 Rs 18,500

Monthly Rs 3,000 Rs 6,200


Sum Assured Minimum:For Ages below 45 yrs : Higher of {10 x Annual Premium (AP) or (0.5 x Term x AP)}

For Ages 45yrs & above: Higher of {7 x AP or (0.25 x Term x AP)}

Maximum:For All Ages - 20 x AP

*All the references to age are age as on last birthday. ***For monthly mode, 3 months premium to be paid in advance and renewal premium payment is

allowed only through ECS, Credit card, Direct debit and SI-EFT

Benefits:


• Death Benefit: Higher of the Fund Value or Sum Assured# is payable; with a minimum of

105% of total basic premiums paid# till the time of death.

• Rider Benefits:

• SBI Life - Criti Care 13 Rider: Provides lump sum amount to take care of 13 Critical Illnesses which include Cancer, Coronary Artery Bypass Graft Surgery, Heart Attack, Heart Valve Surgery, Kidney Failure, Major Burns, Major Organ Transplant, Paralysis, Stroke, Surgery of Aorta, Coma, Motor Neurone Disease and Multiple Sclerosis.

• Accidental Death Benefit Linked Rider:Provides additional death benefit if the death occurs as a result of an accident.

• Premium Payor Waiver Benefit Rider: In the event of the death of the Proposer, the cover for the Life Assured under the base policy continues and the future premiums under the base policy, payable during the rider term, will be paid by the Company.

• Income Sustainer Rider: Provides additional benefit in the case of death or in the case of Total & Permanent Disability due to Accident or Sickness, whichever is earlier. A 25% of income sustainer benefit sum assured is paid upfront and 1% of income sustainer benefit sum assured is paid monthly in arrears for 10 years or till the end of the base policy term (capped at a maximum of 30 years) whichever is higher.

• Tax Benefits:

• Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured. Tax deduction under Section 80 (D) is available for premiums paid towards Criti Care 13 Rider.

• Tax exemption under Section 10(10D) is available, subject to the premium not exceeding 10% of the sum assured in any of the years during the term of the policy.Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details.

Rider Brochures:• SBI Life - Criti Care 13 Rider

• SBI Life - Accidental Death Benefit Linked Rider

• SBI Life – Premium Payor Waiver Benefit Rider

• SBI Life – Income Sustainer Rider

* Net of partial withdrawals

SBI Life - Smart Wealth AssureA Non-participating Unit Linked Life Insurance Plan

Introduction:


Equity Market Performance is affected by many variables like Economic condition, Liquidity, Corporate Performance, Global Markets etc. Thus you are not sure what returns you will get on your hard earned money.

SBI Life realises the same and brings to you ‘Smart Wealth Assure’ which takes care of all these variables and gives you ‘Peace of Mind’ by providing a Minimum NAV Guarantee Plus Upside, if any. SBI Life - Smart Wealth Assure is a unit Linked non participating Life Insurance Plan. The Plan is further fortified with many power packed features which takes care of your financial needs. Key Features:

• Option to choose a mix of funds providing Guaranteed Return and Market Linked Returns

• Guaranteed Return provided through Return Guarantee Fund (RGF) which guarantees a Minimum Pre-specified NAV, subject to conditions**

• Apart from minimum guarantee, any upside in the RGF will also be paid to You…

• Market Linked Returns provided through 3 funds – Bond Fund, Equity Fund & P/E Managed Fund to give you the best possible returns

• Pay only once and get the benefits throughout the Policy Term

• Liquidity through Partial Withdrawal(s)

Product Snapshot

Age at Entry ^ Minimum: 8 years Maximum: 65 years



Premium Payment Term Single Premium (SP)

Single Premium Amount (X 100) Min: Rs 50,000 Max: No limit

Sum Assured Minimum:For Age below 45 yrs : 1.25 * SPFor Age 45yrs & above: 1.10 * SP

Maximum:For Age below 45 yrs : 5 * SPFor Age 45yrs & above: 3 * SP

Fund Options 4 Funds:1. Return Guarantee Fund 2. Bond Fund 3. Equity Fund4. P/E Managed Fund


Benefits:

• Maturity Benefit: On completion of Policy Term, Fund Value will be paid. If the policy term is

such that the maturity date is the same as the termination date of RGF, then the fund value at maturity will be:

• Fund value at the prevailing NAV as on date of Maturity for funds other than RGF

Plus

• Higher of the Fund value at the minimum pre-specified guaranteed NAV or at the prevailing NAV for the RGF.

If the policy term is such that the maturity date is later than the termination date of RGF, the maturity value is the total Fund value at maturity.

• Death Benefit: Higher of Fund Value or Sum Assured##is payable; with a minimum of 105% of Single premium paid##.

• Accidental Death Benefit Option:Accidental Death Benefit: Provides additional death benefit if the death occurs as a result of an accident.

• Tax Benefits:Tax deduction under Section 80C is available. However in case the premium

paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured.Tax benefits, are as per the Income Tax laws & are subject to change from time to time. Please consult your tax advisor for details.

Note:1. Bond Fund (SFIN: ULIF002100105BONDULPFND111) 2. Equity Fund (SFIN: ULIF001100105EQUITY-FND111) 3. P/E Managed Fund (SFIN: ULIF021080910P/EMNGDFND111) 4. Return Guarantee Fund - Currently no series of RGF is available for sale. **The ‘Return Guarantee’ (Minimum NAV Guarantee) is applicable only in respect of the Return Guarantee Fund (RGF) and is applicable to the Fund value at the end of the 10th year from the start of the subscription period of the fund and/or sub-fund(s). To provide the ‘Return Guarantee’ a guarantee charge of 0.35% p.a. of the fund value levied on RGF would be recovered through cancellation of units.

#The Guaranteed return is provided through Return Guarantee Fund (RGF). RGF will be segregated by close ended sub-fund(s) terminating after 10 years from the start of subscription period of sub-fund(s). The sub funds will be offered in tranches which will be open for a minimum of 1 & maximum of 3 months. Fund provides a minimum pre-specified guaranteed NAV (declared at the launch of sub fund) at the termination of sub fund.

## Net of partial withdrawals

Child Plans

Introduction:

As a caring parent you would always want your child to get the very best. To ensure that you fulfill dreams that you may have for your loved ones, financial planning for their secured future is very important.

At SBI Life, we understand that. That’s why we present you host of child plans so that you can choose the one that suits your and your child’s needs best. Our plans are as accommodating as you are for your child. Celebrate Life!

SBI Life - Scholar II A Participating Traditional Plan

Introduction: A traditional participating plan, SBI Life - Scholar II has guaranteed benefits which are payable at the regular intervals during the term of the policy. In an unfortunate event, your nominee would receive full sum assured along with vested bonus, plus regular guaranteed survival benefit. Key Features:

• Twin benefit of saving for your child’s education and securing a bright future despite the uncertainties of life.

• Full risk cover throughout the policy term irrespective of payment of survival benefits installments.

• Option to receive the installments in lump sum at the due date of first installment of Survival benefit.

• Rebate for Female lives and High Sum Assured.

• 15 days Free Look Period.

Product Snapshot:

Term

Premium Payment Term ( PPT) 18 - Childs Age at entry

Policy Term 21 - Childs Age at entry ( You are covered till the child attains 21 years of age)

Premium

Premium Mode Monthly / Quarterly / Half Yearly / Yearly ( Single Premium also available)

Age ( As on Last Birthday)

Entry Age ( Life Assured ) Minimum: 18 years ; Maximum: 60 years

Entry Age ( Child) Minimum: 0 years ; Maximum:15 years

Maximum Age at Maturity (Life Assured) 70 years


Sum Assured

Minimum Sum Assured Rs 50,000/-

Maximum Sum Assured Rs 1 Crore

Riders Available

SBI Life - Dhanavantri Supreme - Individual Critical Illness (CI Rider) (UIN : 111C004V02)

SBI Life - Accidental Death and Permanent Disability (AD & PD ) Rider (UIN: 111C001V01)

SBI Life - Premium Waiver Benefit (PWB) Rider ( Individuals) ( UIN : 111B005V01)

* For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT

Benefits:

• Guaranteed payment at regular intervals When the child attains 18 years of age, the parent has an option of:

Receiving the Sum Assured in 4 installments:

Age Guaranteed Benefit Payment

18 years 25 % of Sum Assured



21 years 25 % of Sum Assured + Vested Bonus *

Receiving the Survival Benefits in a single installment along with the Vested Bonus* (Policy terminates thereafter)* Vested bonus is the total amount of bonus accrued till date, under the policy.

• DEATH BENEFIT : In the event of unfortunate incident of your early death during the term of the plan, your child’s future remains secured in 3 ways:

• Child future educational needs: 25% of Sum Assured is payable in 4 equal installments when the child attains the age 18 years to 21 years. This ensures the child’s higher educational needs are met.

• Immediate Payment: The nominee receives the Sum Assured along with the bonus declared until that date.

• All future basic premiums need not be paid: Ensuring that your family is not financially burdened in your absence.

Tax Benefits: • Tax deduction under Section 80(C) is available. However in case the premium paid during the


• Tax deduction under Section 80 (D) is available for premiums paid towards Dhanvantri Supreme

- Individual Critical Illness Rider.



SBI Life - Smart Scholar A Non-Participating Unit Linked Life Insurance Plan

Introduction:

Life begins afresh when you become a parent. It’s a joy you never felt and a feeling you never experienced. When your child takes baby steps towards you, you wonder what else bliss could be?Amidst all this divine happiness, there’s a new sense of responsibility that fills your heart. Like you may not really believe that life’s a rose bed or a tender cushion, but you certainly want it to be for your lovely children. At SBI Life, we understand and we provide you with a flexible and all-encompassing solution through our SBI Life - Smart Scholar Plan.

Choose the one that suits you and your child’s needs best. Our specially crafted Smart Scholar Plan is as accommodating as you are to your child.

Key Features:

• Secure your child’s future by gaining from the financial markets and much more.

• Dual protection for your family, in case you are not around –• Payment of base Sum Assured and• Inbuilt Premium Payor Waiver benefit to ensure continuance of your benefits.

• Accident Benefit which includes Accidental Death benefit and Accidental Total and Permanent Disability (Accidental TPD) benefit, is an integral part of the plan.

• Free allocation of units by way of regular Loyalty Additions, giving periodic boosts to your investments.

• Enhanced investment opportunity through 9 varied fund options including P/E Managed Fund, Index Fund & Top 300 Fund.

• Twin benefits of market linked return & insurance benefit.

• Liquidity through partial withdrawal(s).

Product Snapshot :

Age at Entry * Child: Min: 0 years Max: 17 years

Proposer: Min: 18 years Max: 57 years



Policy Term Min: 8 years Max: 25 years less child’s age at entry(On Maturity, the age of child should be between 18 to 25 years)

Premium Payment Terms (PPT) • Single Premium

• 5 to 25 years (subject to the limits of policy term)

Premium Amounts(x100) Minimum:

PPT Frequency Minimum(Rs)

SP Single 75,000

5 years to 7 years

Yearly 50,000

Half Yearly 25.000

Quarterly 12,500

Monthly*** 4,500

8 years or more

Yearly 24,000

Half Yearly 16,000

Quarterly 10,000

Monthly*** 4,000

Maximum : No Limit

Sum Assured For Single Premium:

Minimum Maximum

Across all ages Age<45 years Age=>45 years

1.25 * SP 5 * SP 1.25 * SP

For other PPTs:

Minimum Maximum

Age<45 years Age=>45 years Across all

Higher of: 10 * AP or ½ * T * AP

7 * AP 20 * AP

Partial Withdrawals Upto 15% of Fund Value can be withdrawn each year, from 6th year onwards, subject to conditions. 1 free partial withdrawal in a policy year


* All the references to age are age as on last birthday. *** For monthly mode, 3 months premium to be paid in advance and renewal premium payment is allowed only through ECS, Credit card, Direct debit and SI-EFT

Loyalty Additions, by way of free allocation of units:During the term of the policy loyalty units would be given for in-force policies on completion of specific durations. Loyalty additions depend on term of the policy.The loyalty addition at relevant policy year end will be equivalent to –

1% x [Average fund value over the 1st day of the last 24 policy months]

Loyalty additions are payable at the end of the year(s) as per the chart below:

Benefits:

• Basic Life Benefit:

• In the event of unfortunate death of life assured, a lump sum benefit equal to higher of the Sum Assured or 105% of all premiums paid till date of death will be payable.

• If on the date of death, the sum assured is less than 105% of all premiums paid, the amount in excess of the sum assured will be paid from your fund by disinvestment of units.

• In the event of death of child no sum assured is payable. Life assured will inform the Company regarding the event. In such case he/she can either continue the policy or terminate the contract. In case of termination of contract, the fund value (without any surrender charges), will be payable.

• If both the life assured and the child die during the term of the policy the policy will be automatically terminated and all due benefits will be paid along with the fund value..

• Maturity Benefit:

• On completion of the policy term, maturity benefit i.e. the fund value shall be paid to beneficiary in a lump sum or as per settlement option, if chosen.

The beneficiary will be:

The policyholder if he/she survives. OR Child, in case of death of the life assured during the policy term.

• Tax Benefits

• Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured. .



Note:

Index Fund (SFIN : ULIF015070110INDEXULFND111) Top 300 Fund (SFIN : ULIF016070110TOP300-FND111)P/E Managed Fund (SFIN : ULIF021080910P/EMNGDFND111)

Pension Plans

Introduction: Increasing life expectancy rate, rising health care costs, absence of social security system in India and disintegration of joint family system are some of the key reasons that makes retirement planning very critical.

To help you continue celebrating your life post-retirement to the fullest, SBI Life presents you an array of pension plans which are simple and innovative.

SBI Life - Annuity Plus

Introduction: SBI Life - Annuity Plus, a traditional, non-participating immediate annuity plan, which offers a comprehensive range of annuity options along with inbuilt flexibilities. It provides an opportunity to you to maintain your standard of living.

Key Features: • Complete freedom to choose from a wide range of Annuity options

• Enjoy a regular income (“annuity payout”) from an early age of 40 years

• You have an option to have Lifetime Annuity payout for you as well as a family member

• Flexibility to choose frequency of annuity payouts as per your requirements – Monthly, Quarterly, Half-yearly or Yearly

• Incentives of higher annuity rates for large premiums

• Option of availing SBI Life- Accidental Death Benefit Rider (UIN:111B015V01)


• Flexibility to advance your Annuity payouts

• Return of premium options

Product Snapshot

Age Limits* Minimum age at entry : 40 years

Maximum age at entry: 80 years

Annuity Payout (per installment)

Minimum : Monthly: Rs.200, Quarterly: Rs.600, Half-yearly: Rs.1,200, Yearly: Rs.2,400 Maximum: No limit

Annuity payout mode Monthly, Quarterly, Half-yearly or Yearly

Premium Amounts Minimum. : Such that the minimum annuity installment can be paid Maximum.: No Limit

*All references to age are age as on last birthday.

Wide Variety Annuity Options available:

• Life Annuity (Single Life): Annuity payout at guaranteed rate, through-out the life of the annuitant. You may choose from following options:

• Lifetime Income

• Lifetime Income with Capital1 Refund

• Lifetime Income with Capital1 refund in parts

• Lifetime income with Balance Capital2 Refund: Annuity is payable at a constant rate throughout the life. On death, the Balance capital (in case positive) will be paid.

• Lifetime income with Annual Increase of 3% or 5%: Annuity payout increases at a simple rate of 3% or 5% p.a. for each complete year and is payable throughout the life of the annuitant. All future annuity payouts cease immediately on death and the contract terminates

• Lifetime income with certain period of 5, 10, 15 or 20 years and life thereafter:

• Annuity is payable at a constant rate for a minimum fixed period of 5, 10, 15 or 20 years; and for life thereafter.

• Life Annuity (Two lives): The annuity payout will continue at a guaranteed rate, throughout the life of the annuitants. You may choose from below options:

• Life and Last Survivor - 50% or 100% Income without Capital Refund

• Life and Last Survivor - 50% or 100% Income with Capital Refund

1Capital will mean Premium (excluding service tax and rider premium, if any) under the policy

2Balance Capital = Premium (excluding service tax and rider premium, if any) – Annuity payouts made till date.

Benefits: Annuity payable as per the annuity option chosen.

SBI Life - Accidental Death Benefit Rider (UIN: 111B015V01)Age at Entry (as on last birthday): Min – 40 years, Max – 60 years

Rider Term (fixed): 10 years

Maximum Age at maturity: 70 years

Minimum Sum Assured: Rs. 25,000/-

Maximum Sum Assured: Rs. 50, 00,000/-

Exclusions:

• Rider exclusion: Please refer to sales brochure for the Accidental Death BenefitRider (UIN: 111B015V01) for details

Tax Benefits:Tax benefits will be available as per the prevailing tax laws. All annuity payouts may be subject to income tax as per the law prevailing on the date of payout. For specific details, please contact your tax consultant.

Health Plans

Financial planning is incomplete without planning health insurance. Due to today’s hectic lifestyle, improper diet, lack of exercise we are at higher risk of contingencies of untimely serious illnesses. Sudden health problems could have deep hole in your pockets. Medical science has advanced by leaps and bounds in the last few decades. There’s a definite need to cover for health insurance to reduce the financial burden.

SBI Life - Group Criti9A Traditional Non-Participating Group Health Plan


introduction SBI Life - Group Criti9 is a traditional non participating Group Health Plan. This plan provides protection against 9 critical illnesses where Sum Assured is paid in lump sum on diagnosis of any one of covered critical illnesses. So provides you money at time when you need it most. Key Features:

• Simultaneous safety and protection against 9 Critical Illnesses

• Simplified joining process

• Guaranteed renewability till 65 years of age

• Tax benefit under section 80D of IT Act#, 1961

# Applicable when premiums are paid by the insured members. Subject to change in the tax laws. Please consult your tax advisor for details.

Critical Illnesses covered:

• Cancer

• Heart Attack (Myocardial Infarction)

• Stroke

• Coronary Artery Bypass Surgery

• Kidney Failure (End Stage Renal Disease)

• Major Organ Transplant

• Coma

• Multiple Sclerosis

• Heart Valve Surgery

Please refer to the schedule of critical illnesses for further details

Eligibility: This plan is offered to different groups like employee-employer relationship, credit life groups, customers of bank / financial institutions, depositors groups etc.

SBI Life will issue a Group Master Policy to the Group Master Policyholder based on details contained in the proposal form. Group Members may be enrolled either on a voluntary or compulsory participation basis as decided by master policyholder.

Group Size:

• Minimum 50 members

Age:

• Entry from minimum age of 18 yrs till the maximum age of 55 yrs.

Sum Assured:

• Sum assured can be selected in the following ways:

• Uniform for all members

• As a multiples of salary

• As grade wise cover

Minimum sum assured is Rs. 25,000/- and maximum sum assured is Rs. 500,000/-.

Benefits:

Sum Assured is payable in one lump sum on diagnosis of any one of covered critical illness provided:

• Survival for a period of 30 days after the date of diagnosis

• Submission of necessary documents

Waiting Period:

The insured member can avail the benefits after 90 days of the date of commencement or date of revival

Other Policy Details:

• Nomination is compulsory

• Level Premiums payable annually in advance for the cover term.

• Cover Term: Minimum of 2 yrs and maximum of 5 yrs

• Cover can be renewed till 65 yrs of age subject to max cover term of 5 yrs and premium rates / age are reviewed at the time of renewal.

• Grace period of 30 days on annual renewal date

• Revival facility is available within 6 months from the first unpaid premium due date

The above information is a brief summary of SBI Life - Group Criti9.

For further details, ask for an appointment with our Relationship Officers on below mentioned number or addresses. SBI Life on 1800 22 9090 (toll free) or Email: [email protected] is subject matter of solicitation. Prohibition of Rebates:

Section 41 of Insurance Act 1938 states:

(1) No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take or renew or

continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the

commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing

a policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the

insurer: Provided that acceptance by an insurance agent of commission in connection with a policy of life insurance taken out by

himself on his own life shall not be deemed to be acceptance of a rebate of premium within the meaning of this sub section if at

the time of such acceptance the insurance agent satisfies the prescribed conditions establishing that he is a bona fide insurance

agent employed by the insurer.

(2) Any person making default in complying with the provisions of this section shall be punishable with fine which may extend to

five hundred rupees.

Non-Disclosure:

Section 45 of Insurance Act, 1938 states:

No Policy of life insurance effected before the commencement of this Act shall after the expiry of two years from the date of

commencement of this Act and no policy of life insurance effected after the coming into force of this Act shall, after the expiry of

two years from the date on which it was effected, be called in question by an insurer on the ground that a statement made in the

proposal for insurance or in any report of a medical officer, or referee, or friend of the insured, or in any other document leading to

the issue of the policy, was inaccurate or false, unless the insurer shows that such statement was on a material matter or

suppressed facts which it was material to disclose and that it was fraudulently made by the policy-holder and that the policy

holder knew at the time of making it that the statement was false or that it suppressed facts which it was material to disclose;

Provided that nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so, and

no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that

the age of the life insured was incorrectly stated in the proposal.

SBI Life - Hospital CashAn Individual Non - Unit linked Non - Participating Health plan

Introduction Good health is the most valuable asset that we have, but nowadays with increasing levels of stress, negligible physical activity and changing lifestyle our vulnerability to diseases is increasing at an alarming pace. The cost of healthcare is rising everyday and more than the cost of your treatment, indirect costs like - hospital room rent, nursing expenses, post discharge expenses, recuperating expenses, ambulatory charges etc account for a major part of the overall cost incurred. Lack of sufficient savings or a suitable health policy may force you to compromise on the quality of medical treatment. We feel you certainly deserve better. SBI Life - Hospital Cash is a comprehensive plan that covers not only hospitalization expenses but also other incidental costs. This plan offers you complete freedom from worries.


What is SBI Life - Hospital Cash: This plan helps you keep your savings untouched in case of medical emergencies by paying you a fixed Daily Hospitalization Cash Benefit and an ICU benefit that is twice of daily cash benefit, irrespective of your hospital bill. This amount helps to pay for any kind of expenses incurred before, during or post hospitalization. We care for you and your loved ones! To aid your family in crisis we provide you with Family Care Benefit feature and family discount benefit. Key Features:

• 100% payout from day one of hospitalization without any deductible

• Coverage of Pre-existing diseases after 2 years

• Guaranteed coverage up to 75 years

• Premium guarantee for 3 years

• Enhanced sum assured and increased payouts on each policy anniversary in case of No claim

• Tax benefit on premium paid under sec 80 D of IT Act^.

Eligibility: This policy can be taken for Self /Spouse/Parents/ Parents in-law and dependent children.For children between age of 1 year-17 years to be covered at least one of the parents has to be insured under the same policy.

Minimum age at entry for the proposer on last birthday 18 years

Minimum age at entryFor Dependant Child 1 year

For Adult 18 years

Maximum age at entry

For Dependant Child 24 years

For Adult65 years for a new policy

72 years for a renewed policy

Max age at maturityFor Dependant Child 27 years

For Adult 75 years

Fixed Policy Term 3 years

Premium modes - Yearly/ Half Yearly/ Quarterly

Note: All ages are as on Last Birthday

Definition of Hospital:

"Hospital is an institution in India established for indoor care, offering allopathic treatment only for sickness and injuries and which is registered as a hospital or nursing home with the appropriate authorities and is under the supervision of a registered and qualified physician, and provides all the following facilities: - at least 10 inpatient beds - a fully equipped operation theatre of its own where surgical operations are carried out, and - fully qualified nursing staff under its employment 24 hours per day, and

- fully qualified physicians in supervision 24 hours per day, and - maintains a daily medical record for each of its patients. For the purpose of this policy, the term hospital shall not include any institution which is primarily a rest home or convalescent facility, a place for custodial care, a facility for the aged or alcoholic or drug addicts or for the treatment of psychiatric or mental disorders; even if the institution has been registered as a hospital or nursing home with the appropriate authorities."

Scale of Benefits:

BENEFITS

Sum Assured per Annum(Rs) 2 Lakhs 3 Lakhs 4 Lakhs 5 Lakhs

Daily Hospitalization Cash Benefit(Rs/day) Rs 2000 Rs 3000 Rs 4000 Rs 5000

Daily ICU Benefit(Rs/day) Rs 4000 Rs 6000 Rs 8000 Rs 10,000

Family Care Benefit(Rs) Rs 10,000 - Lump sum per policy year

Waiting Period:Hospitalization due to any illness within the first 30 days from the date of commencement of the cover or date of joining for a new member in the family policy is not covered except for those arising out of accident(s) which occur during the policy period.

^Tax benefits are subject to change in tax laws.Please consult your tax advisor for details.

Corporate Solutions

Group Protection PlansGroup Protection plans for your employees’ secure future

SBI Life - Sampoorn SurakshaA Yearly Renewable Group Term Insurance Plan

SBI Life - Credit Guard A Non Participating Group Term Insurance Plan

Introduction:

SBI Life offers a wide range of employee benefit solutions which helps organizations to retain, reward and encourage the best talent in the industry. It also provides a host of corporate solutions to both statutory needs as well as voluntary needs of the employers and hence ensures to strengthen the employer -employee relationship in the long run.

Retirement SolutionsGroup Employee Benefit Retirement SolutionsSBI Life - CapAssure Gratuity SchemeA Non-Participating Yearly Renewable Traditional Group Gratuity Scheme

SBI life - DhanrashiA Traditional Non-Participating Group Savings Linked Insurance Scheme

SBI Life - CapAssure Leave Encashment Scheme (CA-LE):A Non-Participating Yearly Renewable Traditional Group Leave Encashment Scheme

SBI Life - Swarna GangaA Group Insurance Plan

SBI life - Swarna Jeevan A Group Immediate Annuity Plan for Corporate Clients

SBI Life - Gaurav JeevanA Group Immediate Annuity Plan

SBI Life - CapAssure A traditional Non-linked, Non-Participating Plan

SBI Life - Kalyan ULIP Plus A Non-participating , Unit Linked group insurance plan


SBI Life - Suraksha Plus A Pure Term Non-Participating Plan

Documents

Sbi