SBI Life Money Back:

If you are an individual who is looking for life insurance as well as wanting an insurance that provides you with small sums of money from time to time, SBI’s Life – Money Back policy is the best option for you. 

You might need money for life’s special occasions like a marriage, buying a house, children’s education etc.  For these moments you require money at regular intervals.  So if you have a policy which allows you to withdraw money at these times, this policy is the answer you need.

By buying SBI Life – Money Back Plan you have advantage of,
This policy has many types of money back choices. You can choose whichever is suitable for your convenience.  

You are provided with life cover at attractive premium rates.  This plan provides you with four types of death benefit, compared to other policies which provide only one death benefit.

According to the death benefit which is offered in this plan, your eligible to obtain the sum assured as well as the bonuses which are applicable till that date.

There are four riders available in this plan.  These riders can be opted by you at the time of buying the policy.  By opting for these riders you can avail of extra benefits. 

By the Term Assurance rider at the time of death, this benefit along with the death benefit will be paid to the nominee.

According to the Accidental Death and Accidental Total Permanent Disability rider, if your death takes place in an accident, your beneficiary is eligible to receive an additional rider sum assured. 

If due to the accident you are permanently disabled, you will receive a sum assured not as a lump sum, but in ten installments.

If the policy holder has bought the Premium waiver benefit rider, and if he is permanently disabled due to an accident, he is not required to pay the rest of the premiums.

This plan also offers the Critical Illness rider.  If you have chosen this rider, if you fall critically ill and you are diagnosed with any of the six illnesses that are covered under this plan, you are eligible to receive the critical illness cover benefit as a lump sum.

SBI’s Life Money Back is a plan that is tailor made for fulfilling your dreams and helps you to take part in life’s special moments without any financial problems.