SBI Life Insurance Co.

Ltd Date:13-Jul-2022 16:10:45

Registered & Corporate Office: 'Natraj', M.V. Road and Western Express, Highway V02 Page 1 of 3
Junction, Andheri (East), Mumbai ±400069.
IRDAI Registration No. 111
Website: www.sbilife.co.in | Email: [email protected]
CIN: L99999MH2000PLC129113
Toll Free: 1800 267 9090 (Between 9.00 am & 9.00 pm)

Benefit Illustration (BI):SBI Life- Smart Platina Plus (UIN - 111N133V01) |

An Individual, Non-linked, Non-Participating, Life Insurance Savings Product

Proposal No. : ______________________ Channel / Intermediary : ______________________

Introduction

The main objective of the illustration is that the client is able to appreciate the features of the product and the flow of benefits in different circumstances with
some level of quantification. For further information on the product and its benefits, please refer to the sales brochure and/or policy document.

Proposer and Life Assured Details

Name of the Prospect/Policyholder Mrs ABC Name of the Life Assured Mrs ABC

Age (Years) 26 Age (Years) 26

Gender Female Gender Female

State NA Staff No

This Benefit Illustration is intended to show year-wise premiums payable and benefits under the policy

Policy Details

Policy Option(Income Option) Life Income Amount of Installment Premium 200,000.0

(Rs.)
Policy Term (Years) 26 Sum Assured (Rs.) 2,200,000

Premium Payment Term (Years) 10 Sum Assured on Death (at 2,200,000

inception of the policy) (Rs.)
Mode / Frequency of Premium Payment Yearly Rate of Applicable Taxes 4.5% in the 1st policy year and
2.25% from 2nd policy year
onwards.
Guaranteed Income Payout Frequency Yearly Guaranteed Income(Rs.) 199020.00

Payout Period 15 years

Premium Summary

Base Plan Riders Total Installment Premium

Installment Premium without 200000.00 Not Applicable 200,000

Applicable Taxes (Rs.)
Installment Premium with 1st Year 209000.00 Not Applicable 209,000
Applicable Taxes (Rs.)
Installment Premium with Applicable 204500.00 Not Applicable 204,500
Taxes 2nd Year onwards (Rs.)

Please Note:

1.The premiums can also be paid by giving standing instruction to your bank or you can pay through your credit card.

2.Applicable Taxes (including surcharge/cess etc), at the rate notified by the Central Government/ State Government / Union Territories of India from time to
time and as per the provisions of the prevalent tax laws will be payable on premium as per the product features.
 SBI Life Insurance Co. Ltd Date:13-Jul-2022 16:10:45
Registered & Corporate Office: 'Natraj', M.V. Road and Western Express, Highway V02 Page 2 of 3
Junction, Andheri (East), Mumbai ±400069.
IRDAI Registration No. 111
Website: www.sbilife.co.in | Email: [email protected]
CIN: L99999MH2000PLC129113
Toll Free: 1800 267 9090 (Between 9.00 am & 9.00 pm)

Benefit Illustration (BI):SBI Life- Smart Platina Plus (UIN - 111N133V01) |

An Individual, Non-linked, Non-Participating, Life Insurance Savings Product

Benefit Illustration For SBI Life - Smart Platina Plus

Amount in Rupees
Guaranteed Non-
Guaranteed
Policy Year Annualized Guaranteed Other Benefits Maturity Benefit Death benefit Minimum Special
premium Income Guaranteed Surrender
Surrender Value Value
01 200,000 00 00 00 2,200,000 - 00

02 200,000 00 00 00 2,200,000 120,000 176,300

03 200,000 00 00 00 2,200,000 210,000 280,006

04 200,000 00 00 00 2,200,000 400,000 394,083

05 200,000 00 00 00 2,200,000 500,000 518,530

06 200,000 00 00 00 2,200,000 600,000 684,460

07 200,000 00 00 00 2,200,000 700,000 871,130

08 200,000 00 00 00 2,200,000 832,000 1,078,542

09 200,000 00 00 00 2,340,782 972,000 1,306,696

10 200,000 00 00 00 2,498,925 1,140,000 1,555,590

11 00 00 00 00 2,667,512 1,180,000 1,659,296

12 00 199,020 00 00 2,847,479 1,220,000 1,763,002

13 00 199,020 00 00 2,827,352 1,060,980 1,844,924

14 00 199,020 00 00 2,805,791 921,960 1,914,904

15 00 199,020 00 00 2,782,659 762,940 1,972,943

16 00 199,020 00 00 2,758,037 603,920 2,019,041

17 00 199,020 00 00 2,731,687 444,900 2,095,100

18 00 199,020 00 00 2,703,631 285,880 2,155,237

19 00 199,020 00 00 2,673,612 146,860 2,199,453

20 00 199,020 00 00 2,641,792 - 2,263,678

21 00 199,020 00 00 2,607,615 - 2,308,002

22 00 199,020 00 00 2,571,182 - 2,332,423

23 00 199,020 00 00 2,532,096 - 2,366,903

24 00 199,020 00 00 2,490,602 - 2,377,501

25 00 199,020 00 00 2,446,422 - 2,390,197

26 00 199,020 00 2,200,000 2,399,020 - 2,399,020

Notes :

1. Annualized premium shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, underwriting extra premiums and
loading for modal premiums, if any. Refer sales literature for explanation of terms used in this illustration.
2. All Benefit amount are derived on the assumption that the policies are "in-force´

3. Death Benefit shown above is at the end of the policy year.

4. In life Income option,Guaranteed income would stop on death of the life assured. In Guaranteed Income Option,Guaranteed income would continue during
the payout period even after the death of the life assured.

Important:

Illustration is system generated

 SBI Life Insurance Co. Ltd Date:13-Jul-2022 16:10:45
Registered & Corporate Office: 'Natraj', M.V. Road and Western Express, Highway V02 Page 3 of 3
Junction, Andheri (East), Mumbai ±400069.
IRDAI Registration No. 111
Website: www.sbilife.co.in | Email: [email protected]
CIN: L99999MH2000PLC129113
Toll Free: 1800 267 9090 (Between 9.00 am & 9.00 pm)

Benefit Illustration (BI):SBI Life- Smart Platina Plus (UIN - 111N133V01) |

An Individual, Non-linked, Non-Participating, Life Insurance Savings Product

You may receive a Welcome Call from our representative to confirm your proposal details like Date of Birth, Nominee Name, Address, Email ID, Sum
Assured, Premium amount, Premium Payment Term etc.
You may have to undergo Medical tests based on our underwriting requirements.

I, «««««««««««««««name), have explained the premiums I, Mrs ABC (name), having received the information with respect to the
and benefits under the product fully to the prospect/policyholder. above, have understood the above statement before entering into the contract.
Place: ___________________ Place :_____________________

Date:___/___/____ Signature of Agent/ Intermediary/ Official Date:__/__/___ Signature of Prospect/Policyholder