SBI Life - Retire Smart
SBI Life - Retire Smart, a non-participating unit linked pure pension plan, which guarantees you minimum of 101% of all premiums paid, when policy is in force, on Maturity/Vesting; thus the downside risk in the market is protected to a great extent.
- Your Fund Value is boosted, through guaranteed (Conditions Apply*) additions of up-to 210% of Annual Premium.
- Guaranteed Additions* of 10% of Annual Premium are paid regularly, starting from the end of 15th policy year and at the end of every year thereafter till the end of policy term.
- Get Terminal Additions of 1.5% of Fund Value, at maturity/vesting or on earlier death.
- No need to worry about your investments, as the same is managed on your behalf by SBI Life through ‘Advantage Plan’. This plan guarantees a minimum of 101% of all premiums paid at maturity/vesting.
- Get a Guarantee of minimum 105% of all premiums paid on earlier death.
- Option to pay premiums regularly or for a limited period.
- Flexibility to postpone your vesting age.
|Age^ at Entry
||Minimum: 30 years
Maximum: 70 years
|Age^ at Maturity/Vesting
||Minimum: 40 years
Maximum: 80 years
||10, 15 to 35 years (both inclusive)
|Premium Paying Term
||Regular Premium - Same as policy term
Limited Premium -
5/8 years - Policy Term of 10 years
5/8/10/15 years - Policy Term of 15 - 35 years (both inclusive)
||Yearly / Half-yearly / Quarterly / Monthly