SBI Life Smart ULIP Series

This is about the investment and insurance plans offered by SBI.If you need any investment plan or insurance plan..COntact me @ 9160003221

1. SBILA/30/12/09/PRP/32,Version 1.1R

2. SBILA/30/12/09/PRP/32,Version 1.1R10987654321
11121314151617181920
30292827262524232221
31323334353637383940
50494847464544434241
51525354555657585960
70696867666564636261
71727374757677787980
90898887868584838281
919293949596979899100
10987654321
11121314151617181920
30292827262524232221
31323334353637383940
50494847464544434241
51525354555657585960
70696867666564636261
71727374757677787980
90898887868584838281
919293949596979899100
Choosing where to invest nowadays
is like playing a game of
Many Snakes & Few Ladders…..

3. SBILA/30/12/09/PRP/32,Version 1.1R10987654321
11121314151617181920
30292827262524232221
31323334353637383940
50494847464544434241
51525354555657585960
70696867666564636261
71727374757677787980
90898887868584838281
919293949596979899100
10987654321
11121314151617181920
30292827262524232221
31323334353637383940
50494847464544434241
51525354555657585960
70696867666564636261
71727374757677787980
90898887868584838281
919293949596979899100
We bring you now a game of
No Snakes and Only Ladders…

4. SBILA/30/12/09/PRP/32,Version 1.1R
Introducing –SmartULIP Series II

5. SBILA/30/12/09/PRP/32,Version 1.1R
Provides Returns when market is up
–And Protection when market is down!

6. SBILA/30/12/09/PRP/32,Version 1.1R
Product Snapshot

7. SBILA/30/12/09/PRP/32,Version 1.1R
Subscription period of 1 year
Fixed date of maturity–All policies issued will have the same maturity
date, irrespective of policy issuance.
(10 year termfor policy issued on 1
st
day and 9 years for policy issued
on the last day of subscription term).
Limited Premium Paymentterm –3 or 5 years.
Guaranteed returns–highest NAV within 7 years of launch tracked
and guaranteed on maturity.

8. SBILA/30/12/09/PRP/32,Version 1.1R
Basic Plan Limits
Min/Max Age at
Entry
8/60 years last birthday
Max Age at
Maturity
70 years last birthday
Policy Term 10 yrs from launch
Premium Paying
Term
3 or 5 yrs
Min/Max Sum
Assured
Uniform Cover (5 * Annualized
Premium)
Premium Paying
Modes
Monthly, Quarterly, Half-yearly &
Yearly
Min/Max Premium Rs 50,000 p.a./No Limit

9. SBILA/30/12/09/PRP/32,Version 1.1R
NAV
TERM
10
15
20
25
19
21.1
17.6
13.4
9
12
10
21.2
22.3
23
25.1
21.3
19.1
15.5
22
Premium 1 Premium
2
Premium
3
Subscription Period
01/01/1001/01/1101/01/12 01/01/2001/01/17
Year 7
Maturity Date
3 Year PPT
Highest NAV locked
during first 7 years…
Scenario 1
NAV at Maturity 25.1
NAV you get 25.1
Scenario 2
NAV at Maturity 15.5
NAV you get 21.1
NAV of 21.1
Guaranteed at
Maturity

10. SBILA/30/12/09/PRP/32,Version 1.1R
FundValue=NAVXNoofUnits
-NAVasondateofMaturity
OR
-TheGuaranteedMaturityNAV
(Basedonhighestof168resetdates)
whicheverisHIGHER
“The guarantee applies only for In force policies
And is only available for Maturity benefit”

11. SBILA/30/12/09/PRP/32,Version 1.1R
Sum Assured
TERM
Premium 1 Premium 2 Premium 3
01/01/10
01/01/20
Maturity
Date
3 Year PPT
Scenario 1
Death Benefit =
Sum Assured
Scenario 2
Death Benefit =
Fund Value
Fund Value

12. SBILA/30/12/09/PRP/32,Version 1.1R
Fund Value(as on the date of the intimation)
OR
Sum Assured(net of partial withdrawals)
whichever is HIGHER
Example Scenario 1 Scenario 2
Fund value on
DoD*
350000 650000
Sum Assured 500000 500000
Amount payable 500000 650000
*Date of Death

13. SBILA/30/12/09/PRP/32,Version 1.1R
Assets Minimum Maximum Risk Profile
Equity and Equity related
instruments
Nil 100%
Low to
MediumDebt and Money Market
instruments
Nil 100%
*Maturity NAV calculated on this fund
Money Market Fund
Assets Minimum Maximum Risk Profile
Debt instruments Nil 20%
LowMoney Market instruments80% 100%
Flexi Protect Fund * FMC –1.00% p.a.
FMC –0.25% p.a.
Guarantee Charges are recovered from the fund @ 0.50% p.a.

14. SBILA/30/12/09/PRP/32,Version 1.1R
Partial withdrawal from 5
th
policy year onwards provided
Life Assured is 18 years old
Withdrawal amount can be a minimum of Rs. 2,000,
maximum up to 20% of Fund Value.
One partial withdrawal allowed in a policy year
Not more than 5 withdrawals are allowed in
the entire policy term

15. SBILA/30/12/09/PRP/32,Version 1.1R
Insurance Cover lapses after Grace Period
Mortality Charges Discontinue while other
charges continue
Guarantee Charges continue to get deducted till
the end of revival period
If Not Revived
Surrender Value Payable at
End of Revival period or
1
st
working day of 4
th
policy year,
whichever is later
Year1 Year 2 Year 4
Customer pays
first year premium
Customer does not pay
2
nd
year premium
Revival Period
2 years

16. SBILA/30/12/09/PRP/32,Version 1.1R
Year 1 Year 2 Year 3 Year 4
Customer pays
first 3 years premium
Year 6
If policy is not revived,
then either SV as
applicable is paid or cover
continues till
FV reaches one AP
or maturity whichever is
earlier
Revival Period –2 years
Policy goes into revival mode
for 2 years from FUP
Customer Does not
Pay 4
th
Renewal
Automatic Life Cover maintained till the end of revival period
All charges continue to get deducted
Guarantee Charges continue to get deducted till the end of revival period

17. SBILA/30/12/09/PRP/32,Version 1.1R
The policy will acquire a surrender value only after payment of full
premium for the first policy year.
Thus, if one full year’s premium is not paid then the premiums are
forfeited
Year Surrender Charges
1 20%
2 12%
3 9%
4 2%
5 onwards NilIt is always better to
pay by Annual mode
During 2
nd
and 3
rd
policy years:
 Fund Value is disinvested.
 The monetary value less applicable surrender charge, calculated as on
the date of surrender request, is kept aside.
 This Surrender Value will be paid to the policyholder on the first working day
of 4
th
policy year
From 4
th
policy year onwards:
 Fund Value less applicable surrender charges, will be paid immediately.

18. SBILA/30/12/09/PRP/32,Version 1.1R
Year Premium Allocation
Charges
1 15%
2-3 5%
4-5 5% (Applicable on 5 yr PPT)
Year Surrender Charges
1 20%
2 12%
3 9%
4 2%
5 onwards Nil
Policy Admin. Charges
Rs. 60/-p.m. plus
Rs. 5 p.a. per thousand of SA
(Applicable only for first 3 policy
Yrs)

19. SBILA/30/12/09/PRP/32,Version 1.1R
Age entry group
(age last birth day)
Sum Under
Consideration
08 -35 Rs. 15 Lakhs
36 -45 Rs. 10 Lakhs
46 -60
Rs. 2.5 Lakhs
(premium paid
yearly)

20. SBILA/30/12/09/PRP/32,Version 1.1R
Policy Year3 Year PPT5 Year PPT
1 10% 10%
2-3 3% 3%
4-5 N.A. 3%

21. SBILA/30/12/09/PRP/32,Version 1.1R
Features SBI Life Smart ULIP SBI Life Smart ULIP Series IIChange
Subscription
Period
1 year from 2
nd
March’09 1 year from launch
Fund Flexi Protect Fund Flexi Protect Fund Series II
New Fund
with low
charges
FMC Flexi Protect Fund: 1.5%
Flexi Protect Fund: 1%
Guarantee Charge: 0.50%
deducted through cancellation
of units
Charges
separated for
convenience
Highest NAVRs 15.63(as on 8
th
Dec’09)
New fund. Will start at Rs 10 on
launch day
Customers
will get more
units
Partial
Withdrawal
One partial withdrawal is
allowed in a policy year after 5
years
One partial withdrawal is
allowed in a policy year
Not more than 5 withdrawals
are allowed in the entire policy
term
Easy
Liquidity

22. SBILA/30/12/09/PRP/32,Version 1.1R

23. SBILA/30/12/09/PRP/32,Version 1.1R
Thank you!
For More Details :
K.Prakash
Insurance Advisor
Sai Services
9160003221
N.Hari Krishna
Agency Manager
9989389716