Smart PRIVILEGE

SBIL MINIMUN
ENTRY MAXIMUM POLICY MINIMUM
PRODUCT PREMIUM SUM ASSURED Return Tax Benefit
AGE TERM PREMIUM
NAME PAYING TERM

MINIMUM: BOND FUND :

10 time of first yr 9.18% since inception
1. Tax Exemption under 80C ( upto 1.50 lac)
SMART premium
18 Yrs-55 Yrs 30 yrs 5 yrs 6,00,000/-
PRIVILEGE MAXIMUM: BALANCE FUND:
2. Tax Free maturity under income tax Act Sec.10 (10D)
15 TIMES of 1st yr 12% since inception
premium

Smart PRIVILEGE Return Calculator Key Highlights

Returns calculated at 9% & 12 % >Unmatched Flexibility
A. Suitable for multiple needs at all age groups
BOND FUND (9% Balance Fund
Return) (12% Return) B. Premium can be paid as Regular, LPPT, Single
Insurance Cover premium
Yrs PREMIUM ( 10 Time of
Basic premium)
C. Sum Assured can be increased or decreased
RETURN BONUS RETURN BONUS D. Maturity benefit can be taken as lump sum or installments
9% 12%

1 600,000 654,000 672,000

>Unmatched liquidity with partial withdrawal facility from 6th policy year
6,000,000
onwards or on attainment of age 18 by the life assured whichever is later
2 600,000 1,368,000 1,422,000 6,000,000
3 600,000 2,142,000 2,268,000 6,000,000
>Choice of 7 funds suitable for all investment objectives with facility of
4 600,000 2,988,000 3,210,000 6,000,000 Switching and Premium Redirection
5 600,000 3,912,000 4,272,000 6,000,000
6 4,264,080 42,641 4,784,640 47,846 6,000,000 >Other benefits like Guaranteed additions, Revival, Conversion to Paid up and
7 4,694,326 5,412,385 6,000,000 Modification of Sum Assured
8 5,116,815 6,061,871 6,000,000 >Tax Benefits:- Eligible for Tax Benefits under Sec 80C & Sec 10(10)D**
9 5,577,328 6,789,295 6,000,000 **As per current Tax provisions
10 6,079,288 151,982 7,604,011 190,100 6,000,000
11 6,792,084 8,729,405 6,000,000
12 7,403,372 9,776,933 6,000,000
13 8,069,675 10,950,165 6,000,000
14 8,795,946 12,264,185 6,000,000
15 9,587,581 335,565 13,735,887 480,756 6,000,000
16 10,816,230 15,922,640 6,000,000
17 11,789,691 17,833,357 6,000,000
18 12,850,763 19,973,360 6,000,000
19 14,007,331 22,370,163 6,000,000
20 15,267,991 763,400 25,054,583 1,252,729 6,000,000
21 17,474,216 29,464,189 6,000,000
22 19,046,896 32,999,892 6,000,000
23 20,761,116 36,959,879 6,000,000
24 22,629,617 41,395,064 6,000,000
25 24,666,282 1,479,977 46,362,472 2,781,748 6,000,000
26 28,499,422 55,041,527 6,000,000
27 31,064,370 61,646,510 6,000,000
28 33,860,164 69,044,091 6,000,000
29 36,907,578 77,329,382 6,000,000
30 40,229,260 2,816,048 86,608,908 6,062,624 6,000,000
Total Bonous 5,589,613 Total Bonus 10,815,804
Total Returns 45,818,873 Total Return 97,424,712
Documentation:
1. Common ULIP proposal form
2. Id proof( Pan/DL/Passport)
3. address proof: DL/ passport/voter Id.
4.Cheque/Debit voucher in favour of SBI Life Insurance co. Ltd.
5. Financial Documents/ITR/Salary Slip/Form 16