SBI Life Insurance Co.

Ltd
Registered & Corporate Office: 'Natraj', M.V.Road and Western Express Highway Junction, Andheri (East), Mumbai - 400069
IRDAI Registration No. 111 | Website: www.sbilife.co.in | Email: [email protected] | CIN: L99999MH2000PLC129113
Toll Free: 1800 267 9090 (Available 24*7)

Benefit Illustration(BI) : SBI Life- Smart Money Planner (UIN : 111N101V03) | An Individual, Non-linked,
Participating, Life Insurance Savings Product

Proposal Number :- - Channel / Intermediary :- -

Introduction
Insurance Regulatory & Development Authority of India (IRDAI) requires all life insurance companies operating in India to provide official illustrations to their
customers. The illustrations are based on the investment rates of return set by the Life Insurance Council (constituted under Section 64C(a) of the Insurance
Act 1938) and is not intended to reflect the actual investment returns achieved or which may be achieved in future by SBI Life Insurance Company Limited. All
life insurance companies use the same rates in their benefit illustrations.
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, its benefits please refer to the sales brochure and/or policy document.

Proposer and Life Assured Details

Name of the Prospect/Policyholder - Name of the Life Assured -
Age of the Prospect/Policyholder 30 Age of the Life Assured (Years) 30
(Years)
Gender of the Prospect/Policyholder Male Gender of the Life Assured Male
Staff Discount No

How to read and understand this benefit illustration?

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy, at two assumed rates of interest i.e, 8% p.a and 4% p.a.
Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business.
If your policy offers guaranteed benefits then these will be clearly marked “guaranteed” in the illustration table on this page. If your policy offers variable benefits
then the illustrations on this page will show two different rates of assumed future investment returns, of 8% p.a. and 4% p.a. These assumed rates of return are
not guaranteed and they are not the upper or lower limits of what you might get back, as the value of your policy is dependent on a number of factors including
future investment performance.

Policy Details
Policy Option Plan 1 Amount of Installment Premium (Rs.) 1,28,920
Premium Payment Option Limited Bonus Type Simple Reversionary Bonus
Policy Term (Years) 15 Sum Assured(Rs.) 8,00,000
Premium Payment Term (Years) 6 Sum Assured on Death (at inception 12,89,200
of the policy) (Rs.)
Mode / Frequency of Premium Yearly Rate of Applicable Taxes 4.5% in the 1st policy year and 2.25%
Payment from 2nd policy year onwards
 Premium Summary
Base Plan(Rs.) Riders(Rs.) Total Installment Premium(Rs.)
Installment Premium without 1,28,920 NA 1,28,920
Applicable Taxes (Rs.)
Installment Premium with Applicable 1,34,722 NA 1,34,722
Taxes : 1st Year (Rs.)
Installment Premium with Applicable 1,31,821 NA 1,31,821
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.

BENEFIT ILLUSTRATION FOR SBI LIFE - SMART MONEY PLANNER Amount in Rs.
Policy Annualized Guaranteed Benefits Non-Guaranteed Benefits @ 4% p.a. Non-Guaranteed Benefits @ 8% p.a. Total benefits Including Guaranteed and Non-Guaranteed
Year premium benefits

Guaranteed Survival Surrender Death Maturity Reversiona Cash Surrender Reversiona Cash Surrender Maturity Benefit Death Benefit
additions benefit Benefit Benefit Benefit ry bonus bonus benefit ry bonus bonus benefit
Total Total Total Total
Maturity Maturity Death Death
benefit, benefit, benefit, benefit,
incl. incl. incl. incl.
Terminal Terminal Terminal Terminal
bonus, if bonus, if bonus, if bonus, if
any, @ 4% any, @ 8% any, @ 4% any, @ 8%
(7+8+9) (7+11+12) (6+8+9) (6+11+12)

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
1 1,28,920 0 0 0 12,89,200 0 12,000 0 0 38,000 0 0 0 0 13,03,000 13,32,900

2 1,28,920 0 0 77,352 12,89,200 0 24,000 0 1,65,971 76,000 0 1,95,663 0 0 13,16,800 13,76,600

3 1,28,920 0 0 1,35,366 12,89,200 0 36,000 0 2,64,652 1,14,000 0 3,11,998 0 0 13,30,600 14,20,300

4 1,28,920 0 0 2,57,840 12,89,200 0 48,000 0 3,74,379 1,52,000 0 4,41,355 0 0 13,44,400 14,64,000

5 1,28,920 0 0 3,22,300 12,89,200 0 60,000 0 4,93,407 1,90,000 0 5,81,677 0 0 13,58,200 15,07,700

6 1,28,920 0 0 3,86,760 12,89,200 0 72,000 0 6,22,608 2,28,000 0 7,33,992 0 0 13,72,000 15,51,400

7 0 0 0 3,86,760 12,89,200 0 84,000 0 6,55,044 2,66,000 0 7,89,906 0 0 13,85,800 15,95,100

8 0 0 0 4,33,171 12,89,200 0 96,000 0 6,89,920 3,04,000 0 8,50,080 0 0 13,99,600 16,38,800

9 0 0 0 4,79,582 12,89,200 0 1,08,000 0 7,26,400 3,42,000 0 9,13,600 0 0 14,13,400 16,82,500

10 0 0 0 5,25,994 12,89,200 0 1,20,000 0 7,64,520 3,80,000 0 9,80,580 0 0 14,27,200 17,26,200

11 0 0 1,60,000 5,72,405 12,89,200 0 1,32,000 0 8,05,248 4,18,000 0 10,52,352 0 0 14,41,000 17,69,900

12 0 0 1,60,000 4,51,081 12,89,200 0 1,44,000 0 7,19,328 4,56,000 0 9,57,072 0 0 14,54,800 18,13,600

13 0 0 1,60,000 3,37,492 12,89,200 0 1,56,000 0 6,26,180 4,94,000 0 8,47,570 0 0 14,68,600 18,57,300

14 0 0 1,60,000 2,16,168 12,89,200 0 1,68,000 0 5,24,656 5,32,000 0 7,21,944 0 0 14,82,400 19,01,000

15 0 0 0 56,168 12,89,200 1,60,000 1,80,000 0 4,14,540 5,70,000 0 5,79,510 3,67,000 8,15,500 14,96,200 19,44,700

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 / Single premium shall be the premium amount payable in lumpsum at inception of the policy as chosen by the policyholder,
excluding the taxes and underwriting extra 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. The above BI is subject to payment of stipulated premiums on due date.
4. In addition to Guaranteed Surrender Benefits (column 5), Surrender value of the vested bonuses will also be paid. For the purpose of guaranteed surrender
value (GSV) in this illustration the surrender value of vested bonuses are not considered at all.

Bonus Rates
This is a with profit plan and participates in the profits of the company's life insurance business. Simple reversionary bonuses are declared as a percentage rate,
which apply to the sum assured of the basic policy.

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, ________ , have explained the premiums and benefits under the product fully I, ________ , having received the information with respect to the above, have
to the prospect/policyholder understood the above statement before entering into the contract.
Place : Place :

Date : Signature of Agent/Intermediary/ Date : Signature of Prospect/Policyholder

Officer