SBI Life Insurance Co.

Ltd
Corporate Office: 'Natraj', M.V. Road and Western Express Highway Junction,
Andheri (East), Mumbai ±400069. Registration No. 111
Date:- 19-Jul-2022 22:34:19 V03
Website: www.sbilife.co.in | Email: [email protected]
CIN: L99999MH2000PLC129113 Page:- 1 of 3
Toll Free: 1800 267 9090 (Between 9.00 am & 9.00 pm)
Customer Benefit Illustration
SBI Life - Smart Elite(111L072V04)
An Individual,Unit-Linked,Non-Participating,Life Insurance Product

IN THIS POLICY, THE INVESTMENT RISK IN INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER.

Proposal No :_________________________ Channel / Intermediary :__________________

Insurance Regulatory and Development authority of India (IRDAI) requires all life insurance companies operating in India to provide official illustrations to their
customers. The illustrations are based on the investment rates of return set by the Insurance Regulatory and Development Authority of India (Unit Linked Insurance
Products) Regulations, 2019 and is not intended to reflect the actual investment returns achieved or which may be achieved in future by SBI Life Insurance Company
Limited.
The main objective of the illustration is that the client is able to appreciate the features of the product and the flow of benefits in different circumstances with some level
of quantification. For further information on the product, its benefits and applicable charges please refer to the sales brochure and/or policy document. Further
information will also be available on request.
Some benefits are guaranteed and some benefits are variable with returns based on the future fund performance of SBI Life Insurance Company Limited. If your policy
offers guaranteed returns then the same will be clearly marked as ³guaranteed´in the illustration table. If your policy offers variable returns then the illustration will show
two different rates of assumed future investment returns. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might
get back, as the value of your policy is dependent on a number of factors including future fund investment performance.

Proposer, Life Assured and Plan Details

Name of Proposer leena
Age of Proposer 43 Years
Name of the Life Assured leena
Age of the Life Assured 43 Years
Policy Term 10 Years
Premium Payment Term 7 Years
Amount of Installment Premium 250,000
Mode / Frequency of Premium Payment Yearly
Sum Assured Rs.1,750,000

Rate of Applicable taxes 18%

Plan Option Gold
Fund Name(SFIN Name) % Allocation FMC Risk Level
Equity Elite Fund II (SFIN : ULIF019100210EQTELI2FND111) 25% 1.25% High
Balanced Fund (SFIN : ULIF004051205BALANCDFND111) 0% 1.25% Medium
Bond Fund (SFIN : ULIF002100105BONDULPFND111) 0% 1.00% Low to Medium
Money Market Fund (SFIN : ULIF005010206MONYMKTFND111) 25% 0.25% Low
Bond Optimiser Fund (SFIN : ULIF032290618BONDOPTFND111) 0% 1.15% Low to Medium
Midcap Fund (SFIN : ULIF031290915MIDCAPFUND111) 25% 1.35% High
Pure Fund (SFIN : ULIF030290915PUREULPFND111) 25% 1.35% High
Corporate Bond Fund (SFIN : ULIF033290618CORBONDFND111) 0% 1.15% Low to Medium

How to read and understand this benefit illustration?

This benefit illustration is intended to show what charges are deducted from your premiums and how the unit fund, net of charges and taxes, may grow over the years of the policy term if
the fund earns a gross return of 8% p.a. or 4% p.a. These rates, i.e. 8% p.a. and 4% p.a. are assumed only for the purpose of illustrating the flow of benefits if the returns are at this level.
It should not be interpreted that the returns under the plan are going to be either 8% p.a. or 4% p.a.
Net yield mentioned corresponds to the gross investment return of 8% p.a., net of all charges but does not consider mortality, underwriting extra, if any, if deducted by cancellation of
units. It demonstrates the impact of charges exclusive of taxes on the net yield. Please note that the mortality charges per thousand sum assured in general, increases with age.
The actual returns can vary depending on the performance of the chosen strategy, charges towards mortality, underwriting extra etc. The investment risk in this policy is borne by the
policyholder, hence, for more details on terms and conditions please read the sales literature carefully.
Part A of this statement presents a summary view of year- by- year charges deducted under the policy, fund value, surrender value and the death benefit, at two assumed rates of return.
Part B of this statement presents a detailed break-up of the charges, and other values.

PART A
Amount In Rupees
At 4% p.a. Gross Investment return At 8% p.a. Gross Investment return
Policy Annulized Mortality Other Applicable Fund at Surrender Death Mortality Other Applicabl Fund at Surrender Death Commissi
Year Premium Charges Charge Taxes End of Value Benefit Charges Charges* e Taxes End of Value Benefit on
s* the the Year Payable
Year to
intermedi
ary(Rs)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (11) (12) (13) (14) (15)
01 250,000 4,482 11,626 2,899 240,430 233,350 1,750,000 4,470 11,679 2,907 249,821 242,741 1,750,000 6,250
02 250,000 4,151 14,192 3,302 487,793 481,893 1,750,000 4,092 14,401 3,329 516,766 510,866 1,750,000 6,250
03 250,000 3,694 16,833 3,695 742,428 737,708 1,750,000 3,539 17,311 3,753 802,190 797,470 1,750,000 6,250
04 250,000 3,073 19,553 4,073 1,004,7 1,002,370 1,750,000 2,751 20,423 4,172 1,107,61 1,105,251 1,750,000 6,250
30 1
05 250,000 2,223 22,356 4,424 1,275,1 1,275,180 1,750,000 1,642 23,756 4,572 1,434,75 1,434,758 1,750,000 6,250
80 8
06 250,000 1,049 17,843 3,401 1,563,4 1,563,479 1,750,000 114 19,925 3,607 1,795,03 1,795,031 1,795,031 2,500
79 1
07 250,000 40 20,925 3,774 1,860,8 1,860,825 1,860,825 00 23,848 4,293 2,179,47 2,179,474 2,179,474 2,500
25 4
08 00 00 21,430 3,857 1,909,5 1,909,506 1,909,506 00 25,312 4,557 2,322,88 2,322,884 2,322,884 00
06 4
09 00 00 21,949 3,951 1,959,5 1,959,510 1,959,510 00 26,873 4,838 2,475,85 2,475,858 2,475,858 00
10 8
10 00 00 22,482 4,047 2,010,8 2,010,874 2,010,874 00 28,538 5,137 2,639,03 2,639,034 2,639,034 00
74 4
 SBI Life Insurance Co. Ltd
Corporate Office: 'Natraj', M.V. Road and Western Express Highway Junction,
Andheri (East), Mumbai ±400069. Registration No. 111
Date:- 19-Jul-2022 22:34:19 V03
Website: www.sbilife.co.in | Email: [email protected]
CIN: L99999MH2000PLC129113 Page:- 2 of 3
Toll Free: 1800 267 9090 (Between 9.00 am & 9.00 pm)
Customer Benefit Illustration
SBI Life - Smart Elite(111L072V04)
An Individual,Unit-Linked,Non-Participating,Life Insurance Product
* See Part B for Details

IN THIS POLICY, THE INVESTMENT RISK IS BORNE BY THE POLICYHOLDER AND THE ABOVE INTEREST RATES ARE ONLY FOR ILLUSTRATIVE PURPOSE

I,________________, have explained the premiums, charges and benefits under I,__________________ (name), have received the information with respect to the
the policy fully to the prospect/policyholder. above and have understood the above statement before entering into a contract.
Place :________ Place :________
Date:________ Date:________
Signature of Agent/ Intermediary/ Official :_________________ Signature of Prospect/Policyholder:_________________

PART B

Amount in Gross Yield 8% p.a. Net Yield 6.48%

Rupees
Policy Annuali Premium Annuali Mortality Applica Policy Add. Other Additions Fund FMC Fund at Surrend Death
Year zed Allocatio zed charge ble Admin ADB & charges* to the before End of er Value benefit
Premiu n Premiu Taxes charge ATPD fund* FMC year
m (AP) Charge m- Charges
(PAC) Premiu
m
Allocati
on
Charge
01 250,000 7,500 242,50 4,470 2,907 720 875 00 18,876 252,405 2,584 249,821 242,741 1,750,000
0
02 250,000 7,500 242,50 4,092 3,329 720 875 00 38,766 522,072 5,306 516,766 510,866 1,750,000
0
03 250,000 7,500 242,50 3,539 3,753 720 875 00 60,026 810,405 8,216 802,190 797,470 1,750,000
0
04 250,000 7,500 242,50 2,751 4,172 720 875 00 82,768 1,118,939 11,329 1,107,61 1,105,25 1,750,000
0 1 1
05 250,000 7,500 242,50 1,642 4,572 720 875 00 107,116 1,449,419 14,661 1,434,75 1,434,75 1,750,000
0 8 8
06 250,000 00 250,00 114 3,607 720 875 00 133,919 1,813,360 18,330 1,795,03 1,795,03 1,795,031
0 1 1
07 250,000 00 250,00 00 4,293 720 875 00 162,584 2,201,727 22,253 2,179,47 2,179,47 2,179,474
0 4 4
08 00 00 00 00 4,557 720 875 00 173,278 2,346,600 23,717 2,322,88 2,322,88 2,322,884
4 4
09 00 00 00 00 4,838 720 875 00 184,685 2,501,135 25,278 2,475,85 2,475,85 2,475,858
8 8
10 00 00 00 00 5,137 720 875 00 196,852 2,665,977 26,944 2,639,03 2,639,03 2,639,034
4 4

Amount In Gross Yield 4% p.a.

Rupees
Policy Annuali Premium Annual Mortality Applica Policy Add. Other Additions Fund FMC Fund at Surrend Death
year zed Allocatio ized charge ble Admin ADB & charges* to the before End of er Value benefit
Premiu n Premi Taxes charge ATPD fund* FMC year
m (AP) Charge um - Charges
(PAC) Premi
um
Allocat
ion
Charg
e
01 250,000 7,500 242,50 4,482 2,899 720 875 00 9,438 242,961 2,531 240,430 233,350 1,750,000
0
02 250,000 7,500 242,50 4,151 3,302 720 875 00 19,008 492,890 5,097 487,793 481,893 1,750,000
0
03 250,000 7,500 242,50 3,694 3,695 720 875 00 28,858 750,166 7,738 742,428 737,708 1,750,000
0
04 250,000 7,500 242,50 3,073 4,073 720 875 00 39,001 1,015,188 10,458 1,004,73 1,002,37 1,750,000
0 0 0
05 250,000 7,500 242,50 2,223 4,424 720 875 00 49,454 1,288,441 13,261 1,275,18 1,275,18 1,750,000
0 0 0
06 250,000 00 250,00 1,049 3,401 720 875 00 60,592 1,579,727 16,248 1,563,47 1,563,47 1,750,000
0 9 9
07 250,000 00 250,00 40 3,774 720 875 00 72,084 1,880,153 19,329 1,860,82 1,860,82 1,860,825
0 5 5
08 00 00 00 00 3,857 720 875 00 73,969 1,929,340 19,835 1,909,50 1,909,50 1,909,506
6 6
09 00 00 00 00 3,951 720 875 00 75,905 1,979,864 20,354 1,959,51 1,959,51 1,959,510
0 0
10 00 00 00 00 4,047 720 875 00 77,894 2,031,761 20,887 2,010,87 2,010,87 2,010,874
4 4

<<*Specify details,if any>>

Notes :
1) Refer the sales literature for explanation of terms used in this illustration

2) Please read this benefit illustration in conjunction with Sales Brochure and the Policy Document to understand all Terms, Conditions and Exclusions carefully.

3) Kindly note that above is only an illustration and does not in any way create any rights and/or obligations. The actual experience on the contract may be different from what is illustrated.
The non-guaranteed low and high rate mentioned above relate to assumed investment returns at different rates and may vary depending upon market conditions. For more details on risk
factors, terms and conditions please read sales brochure carefully.
4) The unit values may go up as well as down and past performance is no indication of future performance on the part of SBI Life Insurance Co. Ltd. We would request you to appreciate the
associated risk under this plan vis-à-vis the likely future returns before taking your investment decision.
5) It is assumed that the policy is in force throughout the term.

6) Fund management charge is based on the specific investment strategy / fund option(s) chosen.

7)Surrender Value equals the Fund Value at the end of the year minus Discontinuance Charges. Surrender value is available on or after 5th policy anniversary.

Illustration is system generated

 SBI Life Insurance Co. Ltd
Corporate Office: 'Natraj', M.V. Road and Western Express Highway Junction,
Andheri (East), Mumbai ±400069. Registration No. 111
Date:- 19-Jul-2022 22:34:19 V03
Website: www.sbilife.co.in | Email: [email protected]
CIN: L99999MH2000PLC129113 Page:- 3 of 3
Toll Free: 1800 267 9090 (Between 9.00 am & 9.00 pm)
Customer Benefit Illustration
SBI Life - Smart Elite(111L072V04)
An Individual,Unit-Linked,Non-Participating,Life Insurance Product
8) Acceptance of proposal is subject to Underwriting decision. Mortality charges are for a healthy person.

9)Applicable Taxes (including surcharge/cess etc), at the rate notified by the Central Government/ State Government / Union Territories of India from time to time and as per the provisions of
the prevalent tax laws will be payable on premium/ or any other charges as per the product features.
10)This policy provides guaranteed death benefit of Rs. 1,750,000.

11) Net Yield have been calculated after applying all the charges (except GST, mortality charges).

Definition of Various Charges:-

1)Policy Administration Charges : a charge of a fixed sum which is applied at the beginning of each policy month by cancelling units for equivalent amount, deducted for maintaining the
policy.
2) Premium Allocation Charge : is the percentage of premium that would not be utilised to purchase units.
3) Mortality charges: are the charges recovered for providing life insurance cover, deducted at the beginning of each policy month by cancelling units for equivalent amount.
4)Fund management charge(FMC): is the deduction made from the fund at a stated percentage before the computation of the NAV of the fund.

Important :

You may receive a Welcome Call from our representative to confirm your proposal details like Date of Birth, Nominee Name, Address, Email ID, Sum Assured, Premium amount, Premium
Payment Term etc.
You may have to undergo Medical tests based on our underwriting requirements.

If premium is greater than Rs 1Lakh. You have to submit Proof of source of Fund

Your SBI Life - Smart Elite (111L072V04) is a Limited Premium Policy and you are required to pay Yearly premium of Rs.250,000. Your Policy Term is 10 years , Premium Payment Term
is 7 years and Sum Assured is Rs. 1,750,000
I, ««««««««««««««««name), have explained the premiums, charges and I, leena , (name), have received the information with respect to the
benefits under the policy fully to the prospect/policyholder. above and have understood the above statement before entering into a
Place:__________ contract.
Date:___/___/___ Place: _________
Signature of Agent/Intermediary/Official:____________________ Date:___/___/___
Signature of Prospect/Policyholder:_________