Wednesday 29 January 2014

Life Cover, Life Long Monthly Pension: Self & Spouse and Estate creation for children



Life Cover, Life Long Monthly Pension: Self & Spouse and Estate creation for children 


Call / SMS: 9440557921   OR     Write: anand_prem_raj@yahoo.com






Retirement - means giving up work and continuing to Celebrate Life!
SBI Life - Saral Pension is an Individual, Participating, Non Linked, Traditional Pension Plan, which offers you complete safety from market volatility, by providing you a secure future and a joyous retirement.
 

Key Features:
 
Guaranteed Bonus: Guaranteed simple reversionary Bonuses for first 5 years; @ 2.50% for first three years and @2.75% for the next two years, of the Sum Assured. Guaranteed bonus will be applicable only to in-force policies.
 
Vesting (Maturity) benefit: Sum Assured plus vested simple reversionary bonuses plus terminal bonus, if any. The sum assured carries an implicit guaranteed interest rate of at least 0.25% p.a. compounding annually on the total premiums.
 
Death Benefit: Higher of total premiums paid accumulated at an interest rate of 0.25% p.a. compounded annually plus vested reversionary bonus plus terminal bonuses, if any or 105% of total premiums paid.
 
Life Cover: Option of additional life cover through SBI Life - Preferred Term Rider (UIN: 111B014V02).
 
On Vesting, you can buy immediate annuity from your entire proceeds or commute upto one-third of the policy proceeds and buy annuity with the rest.
 
Flexibility: You can defer the vesting date upto age of 70 years or extend the accumulation / deferment* period of your policy





Call / SMS: 9440557921   OR     Write: anand_prem_raj@yahoo.com

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