Yogesh Gaykward
WHAT IS SBI LIFE - eWealth Insurance plan ?
This is an Individual, non-participating Unit Linked Life Insurance Product which provides you with the twin benefits of Life Insurance Cover and Wealth Creation. The plan is suitable for availing market linked returns, hassle-free, through its feature – Automatic Asset Allocation (AAA). The AAA feature allows you to enhance the upside potential of your investment during the initial policy years, by taking a higher exposure to Equity and lower the down side potential of your investment as the policy approaches the end of its term; by gradually increasing the exposure to less-risky instruments like Debt or Money Market Instruments.
• Twin benefits of Life Insurance Cover and Market Linked Returns
• Hassle free investment management through Automatic Asset Allocation
• Choice of two plans options - Growth and Balanced, based on overall exposure to Equity, Debt and Money Market instruments, during the Policy Term.
• Premiums starting as low as Rs 24,000 for yearly mode and Rs 2,000 for monthly mode
• No Premium Allocation Charges, thereby enhancing your Fund Value
• Easy and Simple 3 Step Online Buying Process
• Liquidity through Partial Withdrawal(s) from 6th policy year onwards