SBI Life's Shubh Nivesh Vs LIC's New Jeevan Anand...

Triple Life Cover, Whole Life Cover, Life Long Monthly Pension for Self & Spouse and Welath Creation for Children

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

SBI Life - Shubh Nivesh is a non- linked, with profit Endowment Assurance product with an option of Whole Life coverage. The basic purpose is to provide Savings, Income and Insurance Cover to you and your family. Not only you can save regularly for your future but you also have the flexibility to receive the maturity amount as a lump sum or as a regular income for a chosen period, depending upon your needs.
Key Features:
•	A savings plan with flexibility of availing whole life insurance as an add-on benefit
•	Benefits including Wealth Creation, Insurance cover and Regular flow of income
•	Flexibility to choose between Single or Regular premium payment
•	Additional rider benefits at an affordable cost
•	Option to receive the Basic Sum Assured at regular intervals over a stipulated time period of 5/10/15/20 years
•	Comprehensive risk coverage through 3 Riders:
	◦	SBI Life - Preferred Term Rider (UIN:111B014V02)
	◦	SBI Life - Accidental Death Benefit Rider (UIN: 111B015V02)
	◦	’SBI Life - Accidental Total & Permanent Disability Benefit Rider (UIN: 111B016V02)
•	Tax benefits as per prevailing norms under the Income Tax Act, 1961

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

How does it work?

SBI Life - Shubh Nivesh has two options:
 

•	Endowment Option:
	▪	The base plan is a traditional endowment plan with simple reversionary bonuses which accrue till the end of the endowment term. The sum assured with all accrued bonuses will be paid on survival till the end of the endowment term or on earlier death.
•	Endowment with Whole Life Option:
	▪	If you opt for a policy term of 15 years or more you also have an option to extend your cover for the whole life (or 100 years of age). The option gives you an Endowment + Whole life plan whereby, in addition to the Endowment plan benefits you are entitled to an additional amount equal to the basic sum assured on survival till age 100 years or on earlier death during the extension period.

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