Tuesday, March 8, 2016

Make sure your benefits outweigh your taxes!

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Hello,  
SBI Life's - eWealth Insurance helps you grow your wealth, besides giving you a Life Insurance Cover!
  
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Benefits
  • Twin benefit of Life Insurance Cover and Market Linked returns
  • No Premium Allocation Charges
  • Premiums starting as low as Rs 10,000 p.a. for yearly mode and Rs. 1,000 p.m. for monthly mode Max premium Rs 1,00,000 p.a. for annual mode and Rs 10,000/- p.m. for monthly mode#
  • Sum Assured = 10 x Annualised Premium ( Ten times of Annualised Premium)
  • Easy and Simple 3 Step Online Buying Process
  • Hassle free investment management through Automatic Asset Allocation
  • Choice of two plans options Growth and Balanced.
  • Double Tax Benefit - Get Sec 80C benefit on your premiums paid, as well as Sec 10(10D) benefit on the maturity amount, subject to conditions^.
  • Also available for NRIs*
 
SBI Life - eWealth Insurance (UIN 111L100V01) is a non-participating Online Unit Linked Insurance Plan (ULIP).
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* Applicable only for the NRIs when they will visit India
 # In multiples of Rs.100. For monthly mode, 3 months premium is to be paid in advance and renewal payment is allowed only through Electronic Clearing System (ECS) or Standing Instructions (where payment is made either by direct debit of bank account or credit card)
 ^ Tax benefits are as per income tax & is subject to change from time to time. Please consult your tax advisor for details. 
 
IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLIYCHOLDER "The Linked Insurance products do not offer any liquidity during the first five years of the contract. The policyholders will not be able to surrender/withdraw the monies invested in Linked Insurance Products completely or partially till the end of fifth year."In case of surrender request during the first 5 policy years, the fund value shall be payable on the 1st
working day of the 6th policy year. In case of surrender request after 5 policy year, the fund value shall be paid immediately. Unit Linked Life Insurance products are different from the traditional insurance products and are subject to risk factors. The premium paid in Unit Linked Insurance policies are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the policyholder are responsible for his / her decisions. SBI Life Insurance Company Limited is only the name of the insurance company and SBI Life - eWealth Insurance is only the name of the Unit Linked Life Insurance Contract and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges from your Insurance Agent or the intermediary or policy document of your insurer. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospectus or returns. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. -. IRDAI Registration no. 111. SBI Life - eWealth Insurance (UIN 111L100V01) is a non-participating Online Unit Linked Insurance Plan. Trade logo displayed above belongs to State Bank of India and is used by SBI Life under license. Registered & Corporate Office: SBI Life Insurance Co. Ltd, Natraj, M.V. Road & Western Express Highway Junction, Andheri (East), Mumbai - 400 069. CIN: U99999MH2000PLC129113 Call Toll Free No. 1800-22-5354 from 9.30 AM- 7.30 PM on all days or email at online.cell@sbilife.co.in & Visit us at www.sbilife.co.in or Email: info@sbilife.co.in
1Q.ver.02-02/16 TM ENG
 

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