Smart Shield Plan
An Individual, Non-linked, Non participating, Life Insurance Pure Risk premium product
Good Plan for family’s financial requirements in case of an eventuality
Now give them adequate security to meet their financial needs. Apply for SBI Life - Smart Shield, Individual, non-linked, non-participating, life insurance pure risk premium products, and peace of mind knowing your family is financially secure.
This term plan offer -
Security - Providing financial security for your family
Flexibility - Choose from two plan options to suit your needs
Affordable - Benefit through Rider at Affordable Price
Features
• Protect your family's financial future against eventuality
• Pure Term Plan which offers two options - Level Term Assurance and Increasing Term Assurance
• Get comprehensive coverage at affordable prices with two riders options
Benefits
Security - Provide a strong foundation of financial security for your loved ones
FLEXIBILITY - Choose one of the two planning options that best suits your financial needs.
Affordability - Increase your coverage through two riders options at a nominal cost ; SBI Life - Accidental Death Benefit Rider & SBI Life - Accident Total and Permanent Disability Benefit Rider
Premium discounts for maintaining a healthy lifestyle
Large Sum Assured Rebate
Get tax benefit *
Death benefit: In case of unfortunate demise of life ensured during the term of the policy, the nominee will receive benefits, depending on the option of the scheme.
• Level Term Assurance: Effective Sum Assured as on the date of death, Level Sum Assured will be an option.
• Increasing Term Assurance @ 5% Simple p.a.: Effective Sum Assured as on date of death will be Sum Assured increased at simple 5% per annum.
Maturity Benefit: There is no maturity benefit available under this product.
Avail tax benefits* - You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time. You may visit our website for further details here. Please consult your tax advisor for details.
https://www.sbilife.co.in/smart-shield-brochure
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