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#1
17th August 2012, 10:31 AM
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 SBI Life Nav Guarantee   |
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#2
17th August 2012, 11:22 AM
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| Re: SBI Life Nav Guarantee
SBI Life Insurance Co. Ltd announced the beginning date on 02-03-2009 of an ground-breaking Unit Linked product SMART ULIP available for a limited period only. The product provides NAV guarantee of the highest of 168 fortnightly NAVs during first seven years or NAV at maturity, whichever is higher. The death of the life insured during the policy term, the nominee receives the higher of Fund Value or Sum Assured in case of the unfortunate event The plan also gives the expediency of a shorter premium paying term allowing customers to pay premium for limited period of either 3 or 5 years and also available Tax Benefits u/s 80 C and 10(10 D) of the Income Tax Act. |
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