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SBI Life Smart Humsafar Plan Premium and Maturity Calculator

SBI Life Smart Humsafar Plan Premium and Maturity Calculator - SBI's Life Smart Humsafer basically crafted for married couples as joint partners in their journey of success. SBI Life Insurance present a uniqye Life Insurance police for new married couples who want to enjoy their married life tension free. SBI's Life Smart Humsafer Insurance Policy is a really humsafer of your life to complement your efforts to achieve prosperity along with protection. On every stage your life dreams should never be spoiled with Life Humsafar Policy. If you want to buy a car, house and children's education and their marriage, then SBI's Life Smart Humsafer Insurance plan help you to complete yoour dreams. It is one of the best pension or retirement policy by SBI Life Insurance. It provides you with multiple benefits of savings and insurance cover for both husband and wife, making it a perfect gift for you and your loved ones.

Key features - SBI Life Smart Humsafar Plan Premium and Maturity Calculator

• A Joint life insurance cum savings plan wherein you can take insurance cover for yourself and your spouse under a single policy.
  
• Guaranteed (Conditions apply#) minimum bonus for first 3 years @ 2.50% of the Basic Sum Assured.
  
• Provides financial protection in the event of death of either or both the lives assured. Pays a maturity amount on survival of one or both the lives assured at the end of the policy term.
  
• Benefits also include premium waiver in case of death of any one of the lives assured for in force policies.
  
• Additional rider benefit at an affordable cost
  
• Tax benefits as per prevailing norms under the Income Tax Act, 1961.

Entry Age: Min.: 18 years, Max.: 46 years
Maximum Age at Maturity: 65^ years
Maximum Age Difference between the lives assured: 20 years
Sum Assured: Min: Rs. 100,000, Max: Rs. 5,00,00,000
Policy Term: Min: 10 years, Max: 30 years
Premium Frequency: Yearly / Half-yearly / Quarterly / Monthly
Premium Paying Term: Same as policy term

SBI Life Smart Humsafar Plan Premium and Maturity Calculator - Maturity Benefit:

• If either or both of the lives assured survives till maturity then Basic Sum Assured + Vested Simple Reversionary Bonuses + Terminal bonus, if any, will be paid provided the policy is in-force.
  

SBI Life Smart Humsafar Plan Premium and Maturity Calculator - Death Benefit:

SBI Life Smart Humsafar Plan Premium and Maturity Calculator - Rider Benefit:

• Either of the lives assured or both lives assured have an option of availing SBI Life - Accidental Death Benefit Rider (UIN:111B015V02) at an affordable cost. The rider benefit will be payable in respect of each of the life assured.
• The rider cover is available only for in force policies and till the policy anniversary following first death. However, if both lives assured have chosen rider and both die simultaneously as a result of accident, or die on different dates as a result of same accident , or die during the same policy year as a result of different accident
  
• Then rider benefit will be paid in respect of both lives assured, provided the accident happens within the policy term and the death due to accident happens within 120 days from the date of accident irrespective of expiry of policy term.
• The rider benefits can be taken up only at the inception of the policy. However, the benefits may be terminated by stopping the premium payment for the rider. The base policy may however be continued.
• For further details please refer:
  
  • Rider Brochure: SBI Life - Accidental Death Benefit Rider (UIN: 111B015V02)
    
  • Rider Document: SBI Life - Accidental Death Benefit Linked Rider (UIN: 111B015V02)
    

SBI Life Smart Humsafar Plan Premium and Maturity Calculator - 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.