#1
21st September 2016, 06:09 PM
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SBI Flexi Smart
Hii Gusy , I want to know what is the Eligibility Conditions of SBI Life Flexi Smart Plus Policy and Advantages , Would you please tell me ?
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#2
22nd September 2016, 07:58 AM
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Re: SBI Flexi Smart
SBI Life Flexi Smart Plus is Individual, Participating, Variable Insurance Product, which helps you in fulfilling your dreams. It also gives you flexibility to adapt to your ever-changing needs, while assuring guaranteed benefits to take care of your savings. Eligibility Conditions ; Entry Age Minimum – 18 years. Maximum – 60 years. Maturity age Minimum – 23 years. Maximum – 65 years. Sum Assured : Basic Sum Assured: Annualized Basic Premium X SAMF Sum Assured Multiple Factor (SAMF) Minimum – SAMF Higher of: 10 / 7 (age < 45 / age >= 45), or 0.50 – 0.25 (age < 45 / age >= 45) x Policy Term. Maximum – 20 Policy Term Minimum: 5 years. Maximum: 30 years. Premium paying term Same as policy term Premium paying frequency Monthly, half-yearly, quarterly and yearly Premium paying amounts Minimum: Yearly: Rs.50,000 Half-yearly: Rs.30,000 Quarterly: Rs.20,000 Monthly: Rs.9,000 Maximum: No limit Coverage Death Benefit: Gold option: In case the life insured dies, the nominees will receive the higher of Policy Account Value, or Sum Assured, or 105% of all premiums paid. Platinum option: In case the life insured dies, the nominees will receive the higher of Policy Account Value plus Sum Assured, or 105% of total premiums paid. Maturity Benefit: The Policy Account Value including Terminal Bonus Interest Rate calculated on the Maturity Date will be paid to the policyholder as a lump sum. SBI Life – Flexi Smart Plus Policy : For More Details Here in m uploading pdf file You Can Download free of Cost : |