Shubh Nivesh SBI

Hi buddy my sister looking for SBI Life Insurance Shubh Nivesh plan so can you tell me sourses by which I could get its info??

[Rajkumar Agarwal]

SBI Life Insurance is a joint venture life insurance company between State Bank of India (SBI), the largest state-owned banking and financial services company in India

As you asking I am telllign SBI Life Insurance Shubh Nivesh is a non linked profit endowment assurance plan with full life coverage option. It is a savings cum income and insurance cover plan that allows you to save regularly for the future while also receiving maturity benefits as lump sum or regular payouts.

Eligibility :
Entry Age


Minimum – 18 years

Maximum (Endowment Option)

Regular Premium (RP) = 58 years

Single Premium (SP) = 60 years

Maximum (Endowment with Whole Life option) = 50 years

Maturity Age


Maximum 65 years

Maximum 100 years for Endowment with Whole Life option

Sum Assured


Minimum – Rs.75,000 (x 1,000)

Maximum – No Limits

Key Features:

•
A savings plan with flexibility of availing whole life insurance as an add-on benefit

• Benefits including Wealth Creation, Insurance cover and Regular flow of income

• Flexibility to choose between Single or Regular premium payment

• Additional rider benefits at an affordable cost

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

• Comprehensive risk coverage through 3 Riders:
◦ SBI Life - Preferred Term Rider (UIN:111B014V02)
◦ SBI Life - Accidental Death Benefit Rider (UIN: 111B015V02)
◦ SBI Life - Accidental Total and Permanent Disability Benefit Rider (UIN 111B016V02)

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

Contact info:
Corporate Address:
SBI Life Insurance Co. Ltd.,
"Natraj",
M.V. Road & Western Express Highway Junction,
Andheri (East), Mumbai - 400 069

Email: info@sbilife.co.in

Call: Toll Free Numbers: 1800 22 9090

(Customer Service timings: 9:00 a.m. to 9:00 p.m., seven days a week)

Corporate Office:

Telephone No. : 022 - 6191 0000