SBI Life Horizon II:

SBI – Life Horizon II is a plan which stands on its own, and it is one of a kind unit linked insurance plan. 

If you want to invest your money in insurance plan by which you can get greater returns for your money as well as a great deal of financial security, this is the best option for you.

By buying SBI Life Horizon you can have the following advantages:
You can avail of two main benefits, which are life cover and market linked repayments.

If you wish to invest in this plan you need not go through the long process of filling up forms and producing various certificates etc. You can buy this plan with as less trouble as possible and you are allowed to manipulate your funds from the time you have bought the plan till the date of maturity.

You can choose between the various types of funds available in this plan.  With this plan you can enjoy strong financial security to take care of the dire needs of the family.

After completion of three years of the policy term, if you wish to, you can close the policy.  You will be given the surrender value after you have voluntarily given up the policy.

This plan permits you to add on to your investment during any time of the policy term.  If you have any extra money that you wish to invest other than the regular premiums that you are paying, you can do so too.  This plan allows you to enjoy tax benefits pertaining to the laws of the Income Tax Act, 1961.

The benefits offered by this plan are,
The maturity benefit by which, at the time of maturity, you are eligible to receive the fund value.   In case of unfortunate death of the life insured after completion of seven years, the nominee will receive the sum assured as well as the fund value.  If the life insured dies before completing seven years of age, then the nominee the nominee will get only the fund value.

SBI’s Life Horizon is a policy which secures your life as well as it provides financial security to your family after your death.  SBI Life Horizon policy, allows one to spend the rest of one’s life in peace and with no worries whatsoever.