A Unit-Linked Life Insurance Plan for Wealth Creation + Long-term Protection
An Individual, Unit-linked, Non-participating Life Insurance Savings Product
Looking for a single plan that ensures family financial security, market-linked growth, and guaranteed additions?
SBI Life – Smart Fortune Builder helps you build long-term wealth while keeping your loved ones protected throughout the policy term.
Important Note (ULIP Liquidity Rule)
“Unit Linked Insurance products do not offer liquidity during the first five years of the contract.
The policyholders will not be able to surrender or withdraw the monies invested fully or partially till the end of 5th year.”
Why Choose Smart Fortune Builder?
When you invest your hard-earned money, you expect both security and flexibility.
With SBI Life Smart Fortune Builder, you get:
Life Cover + Wealth Creation
Enjoy life insurance protection throughout the policy term along with market-linked returns.
Guaranteed Additions (Boost Your Wealth Automatically)*
- Longer policy term = Higher guaranteed additions
- Additional Guaranteed Addition on Maturity
- Up to 150% Guaranteed Additions (for 30-year regular-pay policies)
Market-Linked Growth
Choose from 12 diversified fund options as per your risk profile.
Flexibility & Control
- Switch between funds anytime
- Redirect future premiums
- Make partial withdrawals from the 6th policy year onwards+
Key Benefits at a Glance
- Guaranteed Additions based on term*
- Extra Guaranteed Addition at Maturity$
- Life Insurance Coverage throughout the term
- 12 Fund Options for market-linked returns
- Liquidity after 5 years via partial withdrawals+
- Tax benefits% as per applicable laws
- Option to Enhance Coverage through riders
Plan Highlights
| Feature | Description |
|---|---|
| Plan Type | Unit Linked Insurance Plan (ULIP) |
| Life Protection | Yes – throughout policy term |
| Guaranteed Additions* | Provided at specific intervals |
| Fund Options | 12 funds with varied risk profiles |
| Partial Withdrawal | Allowed from 6th policy year+ |
| Policy Term Flexibility | Longer the term → Higher guaranteed benefits |
| Market Risks | NAV may fluctuate based on markets |
Features in Detail
1. Life Insurance Cover
Ensures your family’s financial stability in case of an unfortunate event.
2. Guaranteed Additions*
- Added at the end of 10th policy year
- Added every 5 years thereafter
- Maximum additions up to 150% depending on policy term
3. Guaranteed Maturity Addition
A pre-specified percentage of Premium added at the end of policy term.
4. Flexible Fund Management
- 12 fund choices
- Unlimited switching options
- Redirect future premiums anytime
5. Partial Withdrawals
From 6th policy year (subject to age and policy terms)+
Advantages of Smart Fortune Builder
Security
Ensure financial security for your loved ones.
Reliability
Guaranteed Additions provide predictable, steady growth.
Flexibility
Choose funds based on changing market conditions and personal risk appetite.
Liquidity
Partial withdrawals available during financial emergencies.
Tax Benefits%
Premiums and maturity benefits may be eligible for tax exemptions.
Maturity Benefit
If the life assured survives till the end of the policy term and the policy is in force:
Fund Value as on maturity date is paid in a lump sum.
Death Benefit
In the unfortunate event of the Life Assured’s death during the policy term:
The nominee receives the highest of the following:
- Fund Value (as on intimation date)
- Sum Assured – Applicable Partial Withdrawals (APW)##
- 105% of Total Premiums Paid^
Who can buy?
Disclaimer: Unit Linked Life Insurance Products are subject to market risks. The premium paid is subject to investment risks associated with capital markets, and NAVs may fluctuate based on market performance.
The guaranteed additions* and maturity additions$ are applicable only if the policy is in-force. Tax benefits% are subject to change as per Income Tax laws. Past performance of funds does not indicate future returns. Please read the sales brochure, policy document, and rider terms carefully before investing.