SBI offers the following individual 5 year life plans:
SBI Life 5 Years Unit Linked Insurance Plans (ULIP):
Unit Linked Insurance Plans are long term investment cum protection plans that offer you an
- SBI Life – Smart Wealth Builder: This plan allows you meet your financial and insurance needs through a single product, and lets you choose your required life insurance cover subject to a minimum and maximum level
- SBI Life – Smart Elite: This plan gives you the flexibility to pay premium for limited term or single premium and offers options best suited to your needs at extremely competitive rates.
SBI Life 5 Years Retirement Plans:
Retirement plans are necessary to secure your future once you decide to stop working. Depending on your lifestyle or how you want to lead out the rest of your retired years, you can choose plans that work for you accordingly. These plans are best suited for senior citizens who aim at a stable and secure financial future.
SBI Life Insurance offers the following 5 year plan for your post retirement needs.
- SBI Life – Saral Pension: SBI Life – Saral Pension is a plan designed to offer you total safety from market fluctuations and volatility by securing your future after retirement. 5 year insurance policies are available under single premium policy terms as part of this plan.
SBI Life 5 Years Protection Plans:
Protection Plans provide full financial protection and stability for your family in case of unforeseen events taking place. These plans are low cost insurance plans and are suitable for those who are looking for the best benefits at an affordable price.
SBI Life offers the following 5 year protection plans:
- SBI Life – Smart Shield: SBI Life – Smart Shield is made for those who want the best financial protection at an affordable cost and comes with a wide variety of plan options.
- SBI Life – Saral Shield: SBI Life – Saral Shield is a plan that provides cover for your family and ensures that a proper safety net is created at reasonable rates. It also offers special discounts for women.
- SBI Life – Grameen Bima: SBI Life – Grameen Bima is a plan designed for the socially deprived and economically vulnerable segments of the population. The objective of this product is to provide life cover to the deprived sections of the society at affordable costs.
SBI Life 5 Years Savings Plans:
SBI Life Savings plans are specially designed plans that return the premium amount you initially invested as well as providing assurance when it comes to protecting your family in the event of any unfortunate incidents.
SBI Life Insurance offers the following 5 year savings plans:
- SBI Life – Shubh Nivesh:This provides savings, income and insurance cover to you and your family and allows for the flexibility to receive the maturity amount as a lump sum or as a regular income for a chosen period, depending upon the policyholder’s needs.
- SBI Life – Flexi Smart Plus: This is an individual, participating, variable insurance product that gives customers the flexibility to adapt to their needs while assuring them guaranteed benefits in order to care of their savings.