SBI LIFE “ UNIT PLUS” PRODUCT BOUQUET

We have please to introduce you to SBI Life's flagship "Unit Plus" product range, which have  become the flavour among the NRIs/HNIs. Due to steep corrections, stock markets have bottomed out, which is an ideal time to make investments and make significant gains, once the market bounces back. Moreover, it offers an attractive  opportunity to have more units allotted on the investment. With a view to enable our valued customers to derive maximum benefit from the current market situation, we have launched "20-Twenty, tax-investment-pension plan festival" from 20th Oct 2008 to 30th Nov. 2008, when free advisory services are extended to the our valued customers on how to invest and gain from a volatile stock markets and also advices on tax-investment-pension-child benefit plans . Towards this it is our endeavour to give a snap shot of various generic  benefits of SBI Life investments and  USPs of a couple of  well performing funds from SBI Life, which you can consider adding to your investment portfolio. :

 

•                    PAN Card not required.

•                    Basket of 5 funds to choose from, to suit your risk appetite  i.e. Bond, Balanced, Growth,  Equity Optimizer and Equity, with varying proportion of bond and equity investments.

•                    Switching Facility – to move your investments from one fund to another and insulate you from stock market volatility.

•                    Impressive performance of all Unit Plus products, despite stock market turbulence

•                    Single product offering, combining advantages of investment + insurance (including pure investment products like Unit Plus II Pension and Horizon II Pension).

 

Unit Plus Child

·         Age Bracket : Parent (18 to 57 years) & Child (0 to 15 years).

·         Minimum Term : 8 years or 18 minus age of child at entry age.

·         Triple Benefits (in case of unfortunate demise of Parent).

o   Sum Assured paid in lump sum to nominee (child).

o   All future premiums till child attains 18 years, will be paid by SBI Life .

o   Accumulated Fund Value paid to nominee on maturity.

·         Loyalty Units – to celebrate your child's 18th birth day.

·         Limited Premium Payment Term Option (Rs.84,000 x 3 years/Rs.60,000 x 5 years/ Rs.48,000 x 7 years)- a hassle free premium payment option for NRIs/HNIs (or Rs.12000/- p.a. till the child attains 18 years of age).

·         Settlement Option  - facility to stay invested in market, even after the maturity.

·         Lowest premium allocation and surrender charges.

·         Investment eligible for tax deduction upto Rs.1 lac under Sec. 80 (C ).

·         Maturity/Death claim benefits – absolutely tax free.

 

Unit Plus II Pension ( The best performing Unit Linked Pension Plan in the market)

•                    Opportunity to earn stock market linked returns with optional insurance protection too + income tax benefits.

•                    Hassle free formalities, with no need to undergo medical examination.

•                    Pure investment option and life cover.

•                    Guaranteed additions -30%  of average annual premium (for investments of 20 years and above).

•                    Can surrender the policy from 4th policy year onwards, at full NAV, without any charges.

•                    Variety of funds to choose from depending upon your risk appetite, ranging from safe bond funds to high yielding equity funds and hybrid combination of both.

•                    Top up option – to enhance your returns.

•                    Switching option – to shift funds from equity to growth and vice versa and insulate you from market volatility.

•                    Age at entry : 18-65 years / Pension age : 50-70 years

•                    Attractive optional riders, at competitive rates (like Accidental Death/Critical illness etc.

 

It will be our pleasure to give more inputs, should you require more information. You can also access SBI Life's web site www.sbilife.co.in for more details.

 

:- SBI Life Insurance Company Limited.