Friday, 7 October 2011

SBI Life's Scholar II Plan - Triple Benefit

A policy for your Child’s higher education i.e. when your child turns 18 years old. Option to receive maturity benefits either in 4 installments or in a lump sum.

No tension about the escalating higher education costs. You will have enough savings just at the right time i.e. when your child turns 18 . 

Triple Benefit: (in the unfortunate event of your death)

    i) family receives the Sum Assured immediately
   ii) all future premiums paid by the company i.e., SBI Life Insurance Company Ltd.
  iii) your child is paid another Sum Assured when your child turns 18 years of age which can be used for his/her higher education


In this policy the Life Assured is the parent and term of the policy depends on the age of the child. The premiums you pay are exempted from tax u/s 80C.




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Refer or Forward this to those PARENTS who want to secure their child's Higher Education - Thank You....

SBI Life's - LIFE LONG PENSION PLUS Plan

LIFE LONG PENSION PLUS Plan - SBI Life

           i) you will get LIFE LONG MONTHLY PENSION,

          ii) after you - your spouse gets the same amount of MONTHLY PENSION LIFE LONG,

         iii) lump sum amount for your DAUGHTER'S MARRIAGE

         iv) after spouse - WEALTH for your CHILDREN - corpus/fund value.



         (
you can choose any year after you turn 40 years of age to draw monthly pension, after 3 years you can increase or decrease the yearly premium amount, Traditional Plan - not related to share market)



For a personalized illustration pl give your DOB...




Documents Required:

1. Passport size photos

2. Age proof (xerox):
PAN Card / Ration Card / Voter Id / etc

3. Address proof (xerox):
Ration Card / Voter Id / Current bill / Water bill / telephone bill / etc

4. Cheques




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Refer or Forward this to those who wants to have a secure & HAPPY RETIREMENT LIFE - Thank You....

Thursday, 6 October 2011

Life Insurance - only to avoid income tax ?

Most of we Indians think LIFE INSURANCE is the way to avoid income tax or get income tax exemption. Is that true ?