SBI Life Sanjeevan Supreme:

With the rising costs of today, you need a back up policy that would provide you with a stable income at regular intervals, and a policy that would not need you to pay premiums for the entire period. 

SBI Life – Sanjeevan Supreme is such a policy that is tailor made for that purpose.By buying SBI Life – Sanjeevan Supreme you have the benefit of,
Have a choice of money back plans which you are allowed to choose according to your convenience. 

You are provided with life cover at attractive rates.  This plan also offers sums of money when we need it the most.

Have the advantage of settling all your premiums during the term that you have specified that you would do so, so that you can be free of that hassle for the rest of the policy term.  But this does not prevent you from enjoying the benefits that are offered in the policy.

During the policy term, you are given special bonuses which you can enjoy throughout the policy term.  You have the privilege of choosing how you want to pay your premium. 

You can choose to pay it in a single one-time payment or as a multiple payment in regular installments.

At the end of the paying of the premiums, you are eligible to get a guaranteed payout.  You will get it either at the end of five years or ten years, depending on the plan option that you have opted. 

At the time of maturity all the bonuses that are applicable under this policy will be added and paid to you along with your maturity benefit.

If by some unfortunate incident you die, your beneficiary is eligible to receive from the policy the sum assured as well as the additional bonuses that have been accumulated.  He will also obtain the survival benefit.

There are two riders obtainable in this plan.  They are the Accidental Death and Accidental Total Permanent Disability rider and the Term Assurance rider.

SBI’s Life Sanjeevan Supreme as the name goes is truly a plan that takes care of you when you are alive as well as it takes care of your family after your death.