SBI Life- Unit Plus - Elite II is a Unit Linked Insurance plan, exclusively for special customers like you. It gives you flexibility to pay premium for limited term with the freedom to stay invested and protected for the long term. What’s more, you have the power of choosing the options best suited to your needs, which come to you at unbelievably low costs. All this and more, coming from SBI Life- your preferred insurer- adds enormous value to your investments.
Features of SBI Life – Unit Plus - Elite II:
Pay premiums only for a limited term of 3, 5, 7 or 10 years as per your convenience and enjoy benefits throughout the chosen policy term.
Twin Benefit of Market linked returns & insurance cover
Two protection covers available: Gold Cover which gives you the higher of Sum Assured or Fund Value & Platinum Cover gives you both Sum Insured and Fund Value.
Option to increase/decrease your premium and Sum Assured from 4th year onwards
Invest in wide range of funds and manage them as per your convenience.
Facility to make Top up payments, to boost your investment
Liquidity through partial withdrawals
Enhanced Value at optimal costs.
Accidental Death and Accidental Total and Permanent Disability benefit automatically comes to you as an integral part of the plan!
Product Snapshot:
Please click on the snapshot for a better view * All the references to age are age as on last birthday.
# Subject to change in the tax laws. Please consult your Tax advisor for details.
Benefits:
Maturity Benefit: On completion of policy term, Fund Value will be paid.
Death Benefit:
For Gold Cover: Sum Assured or Fund Value, whichever is higher.
For Platinum Cover: Sum Assured plus Fund Value.
In-Built Benefit:
Accidental Death and Accidental Total and Permanent Disability (Accidental Cover) which covers for amount equal to basic sum assured subject to an overall maximum of Rs 50 Lakhs.
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