Are you delaying buying a ULIP because the process feels long and complicated?
Now, say goodbye to tedious paperwork and time-consuming procedures!
SBI Life – eWealth Plus brings you a simple, 3-step online ULIP plan that protects your loved ones and grows your wealth with market-linked returns — all from the comfort of your home.
Note: Unit Linked Insurance Products (ULIPs) do not offer any liquidity for the first 5 years of the contract. Partial/complete withdrawals are not allowed until the end of the 5th policy year.
Why Choose SBI Life – eWealth Plus?
A ULIP Plan Designed for Modern Investors
SBI Life – eWealth Plus is a Unit-Linked, Non-Participating, Life Insurance, Savings plan that combines financial protection with long-term wealth creation.
With just a few clicks, you can start building a financial cushion for your family while benefiting from market-linked fund growth.
Key Highlights
- ULIP Life Insurance Plan
- Online, Hassle-Free Application (Only 3 Steps!)
- Life Protection + Wealth Creation
- Automatic Asset Allocation
- Choice of Two Investment Strategies
- Liquidity from 6th Policy Year
- Low Premium Starting at ₹3,000/Month
Core Features
1. Life Coverage
Your family stays financially secure even in case of an unfortunate event.
2. Investment Flexibility
Choose how you want to invest:
A. Growth Strategy
Automatic Asset Allocation
– Your funds dynamically rebalance based on market conditions.
– Ideal for investors who want hands-free wealth creation.
B. Active Strategy
Choose Your Own Fund Allocation
– Select from 12 diverse unit funds based on your risk appetite.
– Perfect for investors who prefer full control.
3. No Premium Allocation Charges
Your entire premium goes directly into investment.
4. Simple Online Buying Process
Apply, review, pay — all online in just 3 effortless steps.
5. Liquidity & Withdrawals
Partial withdrawals available from the 6th policy year to meet emergency expenses.
Advantages That Matter
Security
- Protect your family’s future with robust life coverage.
- Automatic rebalancing helps reduce the impact of market volatility.
Flexibility
- Choose between Growth or Active investment strategy.
- Align your investments with your financial goals.
Simplicity
- 100% digital buying experience.
- No paperwork, no hassle.
Affordability
- Start investing with premiums as low as ₹3,000/month.
- No premium allocation charges.
Liquidity
- Make partial withdrawals from the 6th policy year.
- Manage financial emergencies with ease.
🧾 *Tax Benefits
- Enjoy tax savings under applicable income tax laws.
(Subject to change as per prevailing tax rules.)
Benefits Explained
Maturity Benefit
(For In-Force Policies)
At the end of the policy term, your total Fund Value is paid to you.
Death Benefit
(For In-Force Policies)
Your nominee receives the highest of the following:
- Fund Value on date of death intimation
- Sum Assured minus applicable partial withdrawals#
- 105% of total premiums paid^
* #Applicable Partial Withdrawals: withdrawals made in the last 2 years before death
* ^Total Premiums Paid: all premiums including top-ups
Important Market-Linked Disclaimer
This is a Unit Linked Insurance Plan. The returns you receive depend on market performance. NAVs may fluctuate, and the policyholder bears the investment risk.
Assumed return rates of 4% and 8% per annum are purely illustrative. They are not guaranteed and do not represent actual performance.
Fund names do not indicate fund quality or future performance. Please read the Sales Brochure carefully for detailed charge structure, policy terms, conditions, and risk factors.
Additional Notes
- Fund Management Charges and other applicable charges are deducted as per regulatory standards.
- All charges except Mortality Charges may be revised in the future.
- Past fund performance does not indicate future returns.
- Tax benefits are subject to change based on prevailing laws. Always consult a tax advisor.
Who can buy?
Disclaimer: Unit Linked Insurance Products are subject to market risks. Please read all scheme documents carefully. SBI Life – eWealth Plus is the name of the plan and does not indicate the plan’s quality or future performance. Tax benefits are subject to change as per Indian tax laws. Investments in ULIPs may go up or down based on market conditions, and the investor bears the investment risk.