Benefit Structure :

The plan offers two benefit structures - Level Cover Benefit and Increasing Cover Benefit. Accelerated Terminal Illness benefit$ is available as an inbuilt benefit for both the structures.

Level Cover Benefit:

Under this structure, the sum assured remains same throughout the policy term.

You get protection against Terminal Illness #

During the policy term, on unfortunate death or diagnosis of terminal illness#, whichever is earlier, “Sum assured on Death” is paid provided the policy is in force and the policy terminates.

10 times the Annualized premium**, or

105% of the total premiums^^ received up to the date of death, or

Absolute amount assured to be paid on death, which is equal to the Effective Sum Assured##,as on the date of death



##Effective Sum Assured for Level Cover Benefit as on date of death will be the initial sum assured opted.



Increasing Cover Benefit :

Under this structure, the sum assured automatically increases by simple rate of 10% at the end of every 5 th policy year

policy year You get protection against Terminal Illness #

During the policy term, on unfortunate death or diagnosis of Terminal Illness#, whichever is earlier, the ‘Sum Assured on Death’ for that policy year is paid provided the policy is in force and the policy terminates.

10 times the Annualized premium**, or

105% of the total premiums^^ received up to the date of death, or

Absolute amount assured to be paid on death, which is equal to the Effective Sum Assured~~,as on the date of death



~~Effective Sum Assured for Increasing Cover Benefit as on date of death will be initial sum assured opted increased at simple rate of 10% at the end of every 5th policy year prior to the date of death.





#Terminal illness is defined as the conclusive diagnosis of an illness that is expected to result in the death of the life assured within 180 days.





**Annualized premium means the premium payable in a year chosen by the policy holder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any.





^^Total Premiums received means total of all the premiums received excluding any extra premium, any rider premium and taxes.

Death Benefit:

Depending upon the Benefit Structure chosen, the nominee will receive the “Sum assured on Death”.

Death benefit will be paid provided the policyholder has paid all the regular premiums to date and the policy is in force as on the date of death of life assured.

$Accelerated Terminal Illness Benefit :

This in built benefit is available with both the benefit structures

On the Life Assured being diagnosed with terminal illness, the benefit equal to death benefit would be paid and the policy will terminate

Accelerated Terminal Illness Benefit will be payable, provided you have paid all your regular premiums to date and your policy is in-force as on the date of diagnosis. The policy will terminate as a result of terminal illness claim.

Terminal illness is defined as the conclusive diagnosis of an illness that is expected to result in the death of the life assured within 180 days.

Medical Second Opinion:

Medical second opinion is a service which enables life assured, to receive second opinion of their diagnosis and treatment plans by another doctor.

Available under both the benefit structures viz. Level Cover Benefit and Increasing Cover Benefit, provided the policy is in-force

Maturity Benefit:

This plan provides no maturity benefit.

Rider Benefit:

SBI Life - Accidental Death Benefit Rider (UIN: 111B015V03) The rider sum assured is payable, in case the life assured dies within 120 days of accident as a result of an accident during the rider term, provided the rider policy is in-force.

The rider sum assured is payable, in case the life assured dies within 120 days of accident as a result of an accident during the rider term, provided the rider policy is in-force. SBI Life - Accidental Total & Permanent Disability Benefit Rider (UIN: 111B016V03) The rider sum assured is payable on the occurrence of accidental total and permanent disability of the life assured during the rider term, provided the rider policy is in-force.

Where the “Sum assured on Death” is higher of the following:Where the “Sum assured on Death” is higher of the following: