SBI Life Shubh Nivesh:

If you are a person who wants to buy an insurance policy that will provide you with a good saving, security and a regular income to your family, SBI Life – Shubh Nivesh is the best option for you.

By buying SBI Life – Shubh Nivesh Plan you have the advantages of,
The twin benefit of this being a security as well as a saving plan and it provides you with a choice of life long cover. 

This also provides you with the triple advantage of you being accumulate money for your future, an orderly income for your family as well as security under one individual policy.

This plan provides you with the choice of paying your premiums either as a single one-time payment or on a regular basis. This plan offers you added benefits and extra protection through the use of three optional riders.

This plan provides you with the freedom of choosing if you want to receive your basic sum assured as a lump sum at maturity or in regular installments over a particular period of time.

This plan provides you with the following benefits:
According to this policy there are two types of plans.  If you have chosen the Endowment Assurance plan, after the term is over, you are eligible to receive the Basic sum assured as well as bonuses that are applicable to you.

There is another option where the life insured may choose to obtain the sum assured in course of a number of years as orderly installments.

The Whole Life Endowment plan also works in the same way as the above plan, but this also gives you an additional sum assured if you have attained the age of hundred years.

According to the Endowment Assurance plan, if your death takes place before the endowment term is over your nominee will receive the sum assured as well as added bonuses.

If your death happens after the endowment term is over, your nominee will receive the remaining sum of the deferred maturity payment option till the term is over. 

According to the Whole Life endowment plan, if your death takes place, your nominee will receive the sum assured as well as bonuses.

SBI’s Life Shubh Nivesh is a plan that secures your life and your family against death and secures your future.