SBI Life - Smart Annuity Plus- Pension Plan

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SBI Life - Smart Annuity Plus- Pension Plan

Enjoy a stress-free retirement with SBI Life Smart Annuity Plus—regular lifelong income and flexible annuity options designed for your golden years.

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Details for SBI Life - Smart Annuity Plus- Pension Plan

SBI Life - Smart Annuity Plus is a non-linked pension plan offering guaranteed lifelong income. Choose from multiple annuity options tailored to your needs. It ensures financial independence post-retirement, with benefits like joint life cover, return of purchase price, and lifetime payout flexibility for a worry-free retired life.

Sum Assured

Not available

Age

Entry Age: 30 to 95 Yrs, Maturity Age: 30 to 70 Yrs

Premium Payment Term (Mode)

Single ,Yearly,Half Yearly And Monthly

Age

  • Entry Age: 30 to 95 Yrs, Maturity Age: 30 to 70 Yrs

Additional Benefits

  • Freedom to choose from the wide range of Annuity Options.
  • Enjoy Guaranteed Lifelong Regular Income.
  • Option to receive Immediate or Deferred Annuity.
  • Option to avail benefit of annuity at a Compound Increasing Rate.
  • Avail the benefit of Higher Annuity Rates for Large Premium@.
  • Option to choose frequency of annuity payouts - Monthly, Quarterly, Half-Yearly or Yearly.
  • Option of Return of Purchase Price or Balance Purchase Price available only under certain annuity options.
  • Benefit of higher annuity payouts for large premium