SBI Life Insurance Co.

Ltd Date:08-Apr-2022 12:03:42

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 Susheela Madaiah Name of the Life Assured Susheela Madaiah

Age (Years) 47 Age (Years) 47

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) Guaranteed Income Amount of Installment Premium 200,000.0

(Rs.)
Policy Term (Years) 36 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.) 158020.00

Payout Period 25 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:08-Apr-2022 12:03:42
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 2,200,000 120,000 123,010

03 200,000 00 00 00 2,200,000 210,000 202,967

04 200,000 00 00 00 2,200,000 400,000 295,224

05 200,000 00 00 00 2,200,000 500,000 399,783

06 200,000 00 00 00 2,200,000 600,000 516,642

07 200,000 00 00 00 2,200,000 700,000 645,803

08 200,000 00 00 00 2,200,000 816,000 787,264

09 200,000 00 00 00 2,200,000 954,000 941,027

10 200,000 00 00 00 2,200,000 1,080,000 1,107,090

11 00 00 00 00 2,313,385 1,120,000 1,168,595

12 00 158,020 00 00 2,469,584 1,140,000 1,230,100

13 00 158,020 00 00 2,467,641 1,021,980 1,258,421

14 00 158,020 00 00 2,465,465 883,960 1,283,581

15 00 158,020 00 00 2,463,340 745,940 1,305,581

16 00 158,020 00 00 2,460,870 627,920 1,379,605

17 00 158,020 00 00 2,458,338 489,900 1,447,308

18 00 158,020 00 00 2,455,570 371,880 1,508,690

19 00 158,020 00 00 2,452,565 233,860 1,563,752

20 00 158,020 00 00 2,449,558 115,840 1,612,492

21 00 158,020 00 00 2,446,138 - 1,654,912

22 00 158,020 00 00 2,442,477 - 1,691,011

23 00 158,020 00 00 2,438,779 - 1,720,789

24 00 158,020 00 00 2,434,758 - 1,786,789

25 00 158,020 00 00 2,430,350 - 1,843,308

26 00 158,020 00 00 2,425,711 - 1,890,346

27 00 158,020 00 00 2,420,698 - 1,927,902

28 00 158,020 00 00 2,415,417 - 1,992,199

29 00 158,020 00 00 2,409,712 - 2,043,854

30 00 158,020 00 00 2,403,845 - 2,082,868

31 00 158,020 00 00 2,397,375 - 2,140,722

32 00 158,020 00 00 2,390,519 - 2,182,773

33 00 158,020 00 00 2,383,008 - 2,237,343

Illustration is system generated

 SBI Life Insurance Co. Ltd Date:08-Apr-2022 12:03:42
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

34 00 158,020 00 00 2,375,216 - 2,272,951

35 00 158,020 00 00 2,367,013 - 2,314,757

36 00 158,020 00 2,200,000 2,358,020 - 2,358,020

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:

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, Susheela Madaiah (name), having received the information with respect to
and benefits under the product fully to the prospect/policyholder. the above, have understood the above statement before entering into the
Place: ___________________ contract.
Place :_____________________
Date:___/___/____ Signature of Agent/ Intermediary/ Official
Date:__/__/___ Signature of Prospect/Policyholder