2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
22nd September 2016, 07:58 AM
Super Moderator
 
Join Date: Aug 2012
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 :
Attached Files
File Type: pdf SBI Life – Flexi Smart Plus Policy .pdf (305.0 KB, 154 views)


Quick Reply
Your Username: Click here to log in

Message:
Options

Thread Tools Search this Thread



All times are GMT +5. The time now is 06:08 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
SEO by vBSEO 3.6.0 PL2

1 2 3 4