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  #2  
15th April 2016, 02:35 PM
Super Moderator
 
Join Date: May 2012
Re: Best Investment Plans

I will help you here to get the details about the SBI Life - Smart Women Advantage saving/ investment plan offer by State Bank Of India to there customer so that you can have idea.

Features of the plan


A comprehensive Insurance plan designed for females providing benefits of - Life Cover + Savings + Critical Illness (CI) Benefit

Optional benefit of Additional Pregnancy Complication and Congenital Anomalies (APC&CA) which provides cover for Pregnancy related complications and Child Birth related abnormalities.

Choice of 2 plans #:-
Gold Plan - Benefits include Life Cover + Savings + Cover against female specific Critical Illnesses

Platinum Plan - Benefits include Life Cover + Savings + Cover against female specific Critical Illnesses + Other Critical Illnesses

Critical illness payout (based on stage of severity) on happening of the specified CI

In-built Premium Waiver benefit in the event of Major Stage CI

Flexibility to choose the level of Death cover & CI cover ā€“ one/two/three times of Basic Sum Assured

Large Sum Assured Rebate - Get Discount on premium rates, for customers opting for higher level of Basic Sum Assured

Avail Tax benefits as per the prevailing norms under Section 80 D of the Income Tax Act, 1961 for premiums paid towards Health Benefit & 80 C benefits under the base policy

Plan Information
Age at Entry (Base Plan)
Minimum: 18 years
Maximum: 50 years

Age at Entry (APC&CA option)
Minimum: 18 years
Maximum: 35 years

Maximum Age at Maturity (Base Plan)
60 years

Maximum Age at Maturity (APC&CA option)
45 years

Basic Sum Assured (in multiples of Rs 1,000)
Minimum: Rs2,00,000
Maximum: Rs 10,00,000

SAMF (Sum Assured Multiplicative Factor) 1, 2 or 3

Absolute Amount Assured on Death / Critical Illness Sum Assured
SAMF x Basic Sum Assured

Max. Absolute Amount Assured on Death and Critical Illness Sum Assured under all SBI Life ā€“ Smart Women Advantage Plans is restricted to Rs. 20, 00,000. For example, if the Basic Sum Assured is Rs. 10, 00,000, the maximum absolute amount assured on death and Critical Illness Sum Assured will be Rs. 20, 00,000 only, i.e policyholder can choose maximum SAMF of 2 in this example.

APC & CA Option Sum Assured
20% of Basic Sum Assured

Policy Term
10 years & 15 Years

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

Premium Paying Term
Same as policy term

Premium Frequency Loading Half-Yearly:
51.00% of annual premium
Quarterly: 26.00% of annual premium
Monthly: 8.50% of annual premium

Address:-
State Bank Of India
3rd Floor, G Block, Synergy Buidling, Bandra Kurla Complex-Bandra East, Mumbai - 400051, Behind National Stock Exchange

Phone:-
+(91)-80-26599990
18004253800,1800112211


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