SBI Life Swadhan

Recommendations :No

Name of the policy :
SBI Life Swadhan

A brief desciption :

SBI Life Swadhan is an endowment plan under the banner of term plan. It is always advisable to go for simple term plan instead of return of premium term plans because the premium charged is very high and it is always better to use extra money for other investments.

Started date :15/4/2003
Type of policy :Insurance cum investment
Category :Traditional- Endowment Plan
Insurance :Min- 3 lakh Max- 1 Crore
Returns expected :Less than Fixed Deposit
Entry age :18-65 Years
Surrender :Guaranteed Surrender Value = 60/65% of basic Premium Paid less 1st year premium is guaranteed as Surrender Value, depending on the tenure of the policy.

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Table of Contents

Table of Contents