SBI Life Insurance Co Ltd

Registered & Corporate Office: 'Natraj', M.V. Road and Western Express, Highway Junction, Andheri (East),
Mumbai – 400069. IRDAI Regn No. 111
Website: www.sbilife.co.in | Email: info@sbilife.co.in | CIN: L99999MH2000PLC129113
Toll Free: 1800 1034294 (Between 9.00 am & 9.00 pm)

Benefit Illustration (BI) : SBI Life -Smart Champ Insurance (UIN : 111N098V03)| An Individual, Non-
Linked, Participating, Life Insurance Savings Product

Proposal No. :______________________________ Channel / Intermediary : __________________________

Introduction :

Insurance Regulatory & 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 Life Insurance Council (constituted under Section 64C(a) of the Insurance Act 1938) and is not intended to reflect the actual investment
returns achieved or which may be achieved in future by SBI Life Insurance Company Limited. All life insurance companies use the same rates in their benefit illustrations.

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 and its benefits, please refer to the sales brochure and/or policy document.
Proposer and Life Assured Details

Name of the Prospect (Life Assured) Nakul Sahu

Age of the Prospect (Life Assured) 33 Years Staff No

Gender of the Prospect (Life Assured) Male State ODISHA

Name of the Child Preeti Sahu

Age of the Child 5 Years

Gender of Child Female

How to read and understand this benefit illustration?

This benefit illustration is intended to show year-wise premiums payable and benefits under the policy, at two assumed rates of interest i.e, 8% p.a and 4% p.a.

Some benefits are guaranteed and some benefits are variable with returns based on the future performance of your insurer carrying on life insurance business. If your policy offers
guaranteed benefits then these will be clearly marked “guaranteed” in the illustration table on this page. If your policy offers variable benefits then the illustrations on this page will show two
different rates of assumed future investment returns, of 8% p.a. and 4% p.a. 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 investment performance.

Policy Details

Policy Option Not Applicable Amount of Installment Premium (Rs.) 14,756

Policy Term(In Years) 16 Sum Assured ( Rs.) 200000
Premium Payment Term( Years) 13 Sum Assured on Death (at inception of 200000
the policy) (Rs.)
Mode / Frequency of Premium Payment Yearly
Rate of Applicable Taxes 4.5% in the 1st policy year and
Bonus Type Simple Reversionary Bonus 2.25% from 2nd policy year onwards

Premium Summary
Base Plan Riders Total Installment Premium

Installment Premium without Applicable Taxes (Rs.) 14,756 Not Applicable 14,756
Installment Premium with Applicable Taxes: First Year (Rs.) 15,422 Not Applicable 15,422
Installment Premium with Applicable Taxes 2nd Year onwards (Rs.) 15,089.8 Not Applicable 15,089.8

Please Note:
1. The premiums can also be paid by giving standing instruction to your bank or you can pay through your credit card.
2. 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 as per the product features.
 SBI Life Insurance Co Ltd
Registered & Corporate Office: 'Natraj', M.V. Road and Western Express, Highway Junction, Andheri (East),
Mumbai – 400069. IRDAI Regn No. 111
Website: www.sbilife.co.in | Email: info@sbilife.co.in | CIN: L99999MH2000PLC129113
Toll Free: 1800 1034294 (Between 9.00 am & 9.00 pm)

Benefit Illustration (BI) : SBI Life -Smart Champ Insurance (UIN : 111N098V03)| An Individual, Non-
Linked, Participating, Life Insurance Savings Product

Benefit Illustration for SBI Life - Smart Champ Insurance

Amounts in Rupees

Guaranteed Benefits Non- Guaranteed Benefit Non- Guaranteed Benefit @ Total benefits
@ 4%p.a. 8%p.a. (including Guaranteed and Non-Guaranteed
benefits)
Survival Maturity Death Benefit
Benefit Benefit
Surv Total Total Total Total Total Total
Policy Annu Guaran Survival Surren Death Maturit Reversi Cash ival Surr Reversi Cash Surviv Surren Survi Surviva Maturity Matur Death Death
alise teed Benefits / der Benefit y onary bonu bene end onary bonus al der val l benefit, ity benefit, benefit
Year d additio Smart Benefit Benefi bonus s fit / er bonus benefit benefit Bene Benefit incl.Ter benef incl.Ter ,
Prem ns Benefits t Sma ben / Smart fit @ @ 8% minal it, minal incl.Te
ium rt efit Benefit 4% (4+14) bonus, incl.T bonus, rminal
Bene s (4+10 if any, ermin if any, bonus,
fits ) @ 4% al @ 4% if any,
(7+8+9) bonu (6) @ 8%
s, if (6)
any,
@ 8%
(7+12
+13)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

1 14,75 0 0 0 2,00,00 0 3000.00 0 0.0 0 8000.00 0 0.0 0 0 0 0.00 0.00 200000 200000
6 0
2 14,75 0 0 8,854 2,00,00 0 6000.00 0 0.0 16,4 16000.0 0 0.0 20878 0 0 0.00 0.00 200000 200000
6 0 14 0
3 14,75 0 0 15,494 2,00,00 0 9000.00 0 0.0 26,5 24000.0 0 0.0 33779 0 0 0.00 0.00 200000 200000
6 0 57 0
4 14,75 0 0 29,512 2,00,00 0 12000.0 0 0.0 37,1 32000.0 0 0.0 47274 0 0 0.00 0.00 200000 200000
6 0 0 66 0
5 14,75 0 0 36,890 2,00,00 0 15000.0 0 0.0 48,0 40000.0 0 0.0 61081 0 0 0.00 0.00 200000 200000
6 0 0 21 0
6 14,75 0 0 44,268 2,00,00 0 18000.0 0 0.0 59,6 48000.0 0 0.0 75836 0 0 0.00 0.00 200000 200000
6 0 0 21 0
7 14,75 0 0 51,646 2,00,00 0 21000.0 0 0.0 72,3 56000.0 0 0.0 92028 0 0 0.00 0.00 200000 200000
6 0 0 51 0
8 14,75 0 0 64,926 2,00,00 0 24000.0 0 0.0 85,8 64000.0 0 0.0 109197 0 0 0.00 0.00 200000 200000
6 0 0 49 0
9 14,75 0 0 79,682 2,00,00 0 27000.0 0 0.0 1,00 72000.0 0 0.0 127350 0 0 0.00 0.00 200000 200000
6 0 0 ,121 0
10 14,75 0 0 95,914 2,00,00 0 30000.0 0 0.0 1,15 80000.0 0 0.0 146575 0 0 0.00 0.00 200000 200000
6 0 0 ,235 0
11 14,75 0 0 1,13,62 2,00,00 0 33000.0 0 0.0 1,31 88000.0 0 0.0 167354 0 0 0.00 0.00 200000 200000
6 1 0 0 ,571 0
12 14,75 0 0 1,32,80 2,00,00 0 36000.0 0 0.0 1,49 96000.0 0 0.0 189977 0 0 0.00 0.00 200000 200000
6 4 0 0 ,357 0
13 14,75 0 50,000 1,53,46 2,01,41 0 39000.0 0 9750 1,68 104000. 0 26000. 214046 5975 76000 0.00 0.00 201419 201419
6 2 9 0 .0 ,280 00 0 0
14 0 0 50,000 1,13,05 2,01,41 0 0.00 0 9750 1,16 0.00 0 26000. 148382 5975 76000 0.00 0.00 201419 201419
4 9 .0 ,656 0 0
15 0 0 50,000 72,645 2,01,41 0 0.00 0 9750 79,2 0.00 0 26000. 100806 5975 76000 0.00 0.00 201419 201419
9 .0 52 0 0
16 0 0 0 22,645 2,01,41 50,000 5850.00 0 0.0 42,6 15600.0 0 0.0 54203 0 0 65600.0 9160 201419 201419
9 14 0 0 0.00
 SBI Life Insurance Co Ltd
Registered & Corporate Office: 'Natraj', M.V. Road and Western Express, Highway Junction, Andheri (East),
Mumbai – 400069. IRDAI Regn No. 111
Website: www.sbilife.co.in | Email: info@sbilife.co.in | CIN: L99999MH2000PLC129113
Toll Free: 1800 1034294 (Between 9.00 am & 9.00 pm)

Benefit Illustration (BI) : SBI Life -Smart Champ Insurance (UIN : 111N098V03)| An Individual, Non-
Linked, Participating, Life Insurance Savings Product

Please Note:
1. Annualized premium shall be the premium amount payable in a year chosen by the policyholder, excluding the taxes, underwriting extra premiums and loading for modal premiums, if any.
Refer sales literature for explanation of terms used in this illustration.
2. All Benefit amount are derived on the assumption that the policies are "in-force”
3. In addition to Guaranteed Surrender Benefits (column 5), Surrender value of the vested bonuses will also be paid. For the purpose of guaranteed surrender value (GSV) in this illustration
the surrender value of vested bonuses are not considered at all.
4. The Death Benefits shown under column 6,20,21 are payable on death or on Accidental Total Permanent Disability(ATPD) whichever is earlier.

Bonus Rates :
This is a with profit plan and participates in the profits of the company’s life insurance business. Simple reversionary bonuses are declared as a percentage rate, which apply to the sum
assured of the base policy. Terminal bonuses, if any, are declared as a percentage rate, which apply to the vested reversionary bonus.
The bonus rates in the benefit illustration are constant. However, in practice, future bonuses are not guaranteed and will depend on future profits. Therefore, the bonuses are shown as non-
guaranteed benefits and are calculated so that they are consistent with the two projected investment return assumptions of 4% and 8% per annum.

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.

I, ……………………………………….(name), have explained the premiums and benefits I, ………………………………………….(name), having received the information with
under the product fully to the prospect/policyholder. respect to the above, have understood the above statement before entering into the
contract.

Place Place
Date: Signature of Agent/ Intermediary/ Official Date: Signature of Prospect/Policyholder