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Can we cancel SBI Smart Wealth Builder?
Smart Wealth Builder is a traditional ULIP policy offered by SBI Life Insurance company. There is a 5-year lock in period in this policy. If you surrender now, the fund value will be transferred to Discontinued Policy Fund after deducting the discontinuance charges (Lower of 1\% of fund value up to a maximum of ₹6000).
What is the maximum entry age under SBI Life Smart Wealth Builder plan?
Regular & Limited Premium – 10 years, 15 to 30 years. Limited Premium – 5 to 30 years.
What is SBI Smart Privilege Plan?
SBI Life Smart Privilege is a unit linked, non-participating life insurance plan by SBI Life Insurance. The policy is specially designed for Ultra High Net-worth Individuals (UHNIs). The insurer offers a range of life insurance and pension products at affordable rates.
What is the revival period for SBI Life Smart Wealth Builder?
100. You can revive the policy within a period of 2 years.
What is SBI Life smart privilege plan?
SBI Life Smart Privilege is a non-participating unit-linked life insurance plan that offers you the option to invest in eight different funds, along with multiple switches and premium re-directions. The SBI life smart privilege plan provides loyalty additions that help to boost your fund value.
Is smart privilege good for long term investment?
Yes indeed, for those who are looking for long term investment, with good returns, tax benefits, guaranteed additions, Insurance coverage at very low cost, Smart Privilege is the best option Is Sbi life insurance safe? No!!!!!!! Its the worst!
Why SBI Life Plan is the best for You?
With all these features and benefits offered by this SBI Life plan is most beneficial for those who want to gain the dual benefits of life coverage as well as an opportunity to invest in the capital markets to achieve their financial goals for future.
Is SBI Life smart wealth builder ULIP taxable at maturity?
Though ULIP schemes are not taxable even at maturity, but these schemes are very infamous for their high charges. Like any other ULIP scheme this SBI Life smart Wealth builder plan also charges a lot. Also your money would be stuck for long periods (min 5 years/10 years).