LIC Premium and Maturity Calculator

SBI Life Smart Money Back Gold Plan Premium and Maturity Calculator

SBI Life Smart Money Back Gold Plan Premium and Maturity Calculator - SBI's Life Smart Money Back Gold Insurance Policy is a savings plan with added newly advantage of life cover and cash inflow at regular intervals. The policy is a participating traditional money back insurance plan, meeting various financial conditions at crucial junctures through its wide range of policy terms. Regular payments of Survival benefits are made at different intervals during the policy term. In the unfortunate event of death at any time within the Policy Term, your nominee would receive the full Sum Assured plus Simple Reversionary Bonus & Terminal Bonus (if any), irrespective of Survival Benefits already paid.

Key Features - SBI Life Smart Money Back Gold Plan Premium and Maturity Calculator

  • Money Back options specially tailored to suit your requirements:
  • Fixed cash inflows which can meet your various financial obligations
  • Survival Benefit of 110% of Sum Assured paid till maturity
  • Rebates on Large Sum Assured
  • Customize your coverage through the wide range of additional benefits - SBI Life -Accidental Death Benefit
  • Rider (UIN: 111B015V02), SBI Life - Accidental Total and Permanent Disability Benefit Rider (UIN 111B016V02) , SBI Life - Preferred Term Rider (UIN: 111B014V02) and SBI Life - Criti Care 13 Non-Linked Rider (UIN: 111B025V02)

Benefits - SBI Life Smart Money Back Gold Plan Premium and Maturity Calculator

Survival benefits - SBI Life Smart Money Back Gold Plan Premium and Maturity Calculator

  • Before Maturity: The survival benefit installments expressed as a fixed percentage of Basic Sum Assured payable at the end of specified intervals during the policy term, as explained above.
  • At Maturity: Final survival benefit installment + Vested Simple Reversionary Bonus + Terminal Bonus, if any.

Death Benefits - SBI Life Smart Money Back Gold Plan Premium and Maturity Calculator

Other Benefits - SBI Life Smart Money Back Gold Plan Premium and Maturity Calculator

  • SBI Life - Preferred Term Rider (UIN:111B014V02): The Preferred Term rider Sum Assured is payable in addition to normal death benefit
  • SBI Life - Accidental Death Benefit Rider (UIN: 111B015V02): In case death due to an accident, the rider
  • Sum Assured is payable in addition to normal death benefit
  • SBI Life - Accidental Total and Permanent Disability Benefit Rider (UIN 111B016V02) The rider Sum Assured will be paid on the Life Assured being found eligible for the Total & Permanent Disability Benefit as defined in the policy document.
  • SBI Life - Criti Care 13 Non-Linked Rider (UIN: 111B025V02): The rider sum assured would be payable on the life assured being diagnosed with any of the thirteen diseases. For details on illnesses covered, please refer the rider brochure.

Tax Benefits - SBI Life Smart Money Back Gold Plan Premium and Maturity Calculator

  • 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.

SBI Savings Plans Premium Calculators