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Product Information
Other Plans SBI Life - eWealth Insurance
Synopsis:
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This is a non-participating Online Unit Linked Insurance Plan which provides you with the twin benefits of Life Insurance and Wealth Creation

Features:

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  • Life coverage
  • Investment management through Automatic Asset Allocation
  • Two plan options - Growth and Balanced
  • Simplified 3 step online buying process
  • Nominal premium payments without any allocation charge
  • Partial withdrawals from 6th policy year

Benefits:

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  • Maturity Benefit (Applicable only for in-force policies) :
  • On completion of Policy Term, Fund Value will be paid.
  • Death Benefit (Applicable only for in-force policies) :
  • Higher of the Fund Value or Sum Assured is payable; with a minimum of 105% of total premiums paid till the date of intimation of death.
Eligibility:
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Age at Entry

From 18to50 years

Age at Maturity

Max 60 years

Policy Term

10to20 years (both inclusive)

Premium payment mode

Regular

Premium payment frequency

Yearly Monthly

Premium payment term

Same as policy term