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Sbi life smart scholar 50 k (5 yrs payment)

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Murali Reddy

This document summarizes an education savings and insurance plan called SBI Life - Smart Scholar. Key details include a minimum premium payment of 5 years for a sum assured between Rs. 500,000 to 1,000,000. The child's age must be between 0-17 years and parent's age 18-57 years. The policy term is 5-25 years with an 18% annual investment return. Premiums are paid annually via DD/cheque with online renewal options. The table shows the growing fund value and sum assured over 25 years with loyalty additions increasing the final payout.

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SBI LIFE - SMART SCHOLAR * SAVINGS ¨C INSURANCE PLAN FOR YOUR CHILD FUTURE * ** ONLY 5 YEARS PREMIUM PAYMENT ** *** Please save today for your CHILD future *** Premium Per Year: 50,000 Sum Assured : Min - 5,00,000 Max - 10,00,000 Child Age : Min - 0 years Max ¨C 17 years Parent Age : Min - 18 years Max ¨C 57 years Policy Term : 5 years to 25 years Payment Term : 5 years Investment Returns: 18 % Payment made by: DD or CHEQUE for first premium, renewal can be paid Online using Credit Card / Debit Card / Online Banking Child Loyalty Term Premium Fund Value Sum Assured Age Additions 1 1 50,000 54,126 5,00,000 2 2 50,000 1,18,138 5,00,000 3 3 50,000 1,92,808 5,00,000 4 4 50,000 2,80,203 5,00,000 5 5 50,000 3,82,149 5,00,000 6 6 4,45,077 5,00,000 7 7 5,18,337 5,00,000 8 8 6,03,794 5,00,000 5,611 9 9 7,09,091 5,00,000 10 10 8,26,314 5,00,000 11 11 9,63,032 5,00,000 8,947 12 12 11,31,432 5,00,000 13 13 13,18,879 5,00,000 14 14 15,37,513 5,00,000 14,282 15 15 18,06,811 5,00,000
16 16 21,06,644 5,00,000 17 17 24,56,383 5,00,000 22,815 18 18 28,87,151 5,00,000 19 19 33,66,811 5,00,000 20 20 39,26,321 5,00,000 36,466 21 21 46,15,443 5,00,000 22 22 53,82,826 5,00,000 23 23 62,77,970 5,00,000 58,304 24 24 73,80,451 5,00,000 25 25 86,08,182 5,00,000 79,943 AT THE TIME OF MATURITY CHILD WILL GET 86,88,126

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Sbi life smart scholar 50 k (5 yrs payment)

  • 1. SBI LIFE - SMART SCHOLAR * SAVINGS ¨C INSURANCE PLAN FOR YOUR CHILD FUTURE * ** ONLY 5 YEARS PREMIUM PAYMENT ** *** Please save today for your CHILD future *** Premium Per Year: 50,000 Sum Assured : Min - 5,00,000 Max - 10,00,000 Child Age : Min - 0 years Max ¨C 17 years Parent Age : Min - 18 years Max ¨C 57 years Policy Term : 5 years to 25 years Payment Term : 5 years Investment Returns: 18 % Payment made by: DD or CHEQUE for first premium, renewal can be paid Online using Credit Card / Debit Card / Online Banking Child Loyalty Term Premium Fund Value Sum Assured Age Additions 1 1 50,000 54,126 5,00,000 2 2 50,000 1,18,138 5,00,000 3 3 50,000 1,92,808 5,00,000 4 4 50,000 2,80,203 5,00,000 5 5 50,000 3,82,149 5,00,000 6 6 4,45,077 5,00,000 7 7 5,18,337 5,00,000 8 8 6,03,794 5,00,000 5,611 9 9 7,09,091 5,00,000 10 10 8,26,314 5,00,000 11 11 9,63,032 5,00,000 8,947 12 12 11,31,432 5,00,000 13 13 13,18,879 5,00,000 14 14 15,37,513 5,00,000 14,282 15 15 18,06,811 5,00,000
  • 2. 16 16 21,06,644 5,00,000 17 17 24,56,383 5,00,000 22,815 18 18 28,87,151 5,00,000 19 19 33,66,811 5,00,000 20 20 39,26,321 5,00,000 36,466 21 21 46,15,443 5,00,000 22 22 53,82,826 5,00,000 23 23 62,77,970 5,00,000 58,304 24 24 73,80,451 5,00,000 25 25 86,08,182 5,00,000 79,943 AT THE TIME OF MATURITY CHILD WILL GET 86,88,126