Saturday, April 25, 2015

SBI Life Smart Guaranteed Savings Plan with Bond

Have You ever come across any savings plan which guarantee particular additions in written format!. Yes, you are at right place. Your family has total peace of mind as you have protection of insurance cover too.


SBI - Smart Guaranteed Savings Plan is traditional non-participating individual plan with guaranteed additions of 6.17% interest of Premium paid. This will mention in Bond which will handed you through post. Pay premiums only for a limited period of 7 years and enjoy the benefits throughout the policy term of 15 years.
Take a look on details below:
Premium for 7     Years
Total Premium      Paid
Maturity Returns after 15 Years
Sum Assured (Life Insurance Coverage)
Pension/Month (Life-Long)
21000 147000 242,000 2,00,000 1613
30927 2,13,708 365,100 3,00,000 2434
51545 3,56,180 6,08,500 5,00,000 4055
77318 5,34,270 9,12,750 7,00,000 6085


Product Snapshot
Age at Entry*Min: 18 yearsMax: 50 years
Maximum Age at Maturity*65 years
Policy Term15 Years
Premium Payment Term7 Years
Premium FrequencyYearly
Premium Amount (X 1000)MinMax (Per life limit)
Rs 20,000Rs 75,000
Sum AssuredDepends on the premium chosen

Benefits: 
Maturity Benefit (For In-force policies): On completion of Policy Term, Basic Sum Assured Plus accrued Guaranteed Additions, will be paid.
 
Death Benefit (For In-force policies): In the unfortunate event of death of the Life Assured, ‘Sum Assured on death’ along with accrued guaranteed additions will be payable to the beneficiary. Where, Sum Assured on death is Higher of (Basic Sum Assured or 10 times the Annualized Premium or 105% of total premiums paid as on the date of death).
 
Tax Benefits:
Tax deduction under Section 80C is available. However in case the premium paid during the financial year, exceeds 10% of the sum assured, the benefit will be limited up to 10% of the sum assured.

Tax exemption under Section 10(10D) is available at the time of maturity/surrender, subject to the premium not exceeding 10% of the sum assured in any of the years during the term of the policy. However, death proceeds are completely exempt.



Friday, April 17, 2015

Insurance Jobs are the most Searched Online

As per Google Search trend analysis, here's a list of the 'Most-Googled' jobs of the present quarter by the Indian workforce:
                                      

Rank-1: Insurance Jobs
               Search Keywords: Insurance recruitment; Insurance jobs;
               Most searched in: Telangana, Delhi, Tamil Nadu, West                                                 Bengal, Uttar Pradesh, Karnataka. 
Rank-2: Finance Jobs
    Search Keywords: Finance jobs, Finance Interview questions;
     Most searched in: Karnataka, Uttar Pradesh, Tamil Nadu, Delhi,                                          Maharashtra.
Rank-3: Information Technology Jobs
               Search Keywords: IT jobs, Information technology jobs;
           Most searched in: Tamilnadu, Karnataka, Maharashtra, Uttar                                          Pradesh, Delhi.
Rank-4: Marketing Jobs
         Search Keywords: Marketing jobs, Jobs in marketing,                                                     Marketing Interview questions;
    Most searched in: Andhra Pradesh, Telangana, Karnataka,                                              Maharashtra, Uttar Pradesh, Delhi.
Rank-5: Law/Legal Jobs
                Search Keywords: Legal jobs;
    Most searched in: Delhi, Uttar Pradesh, Karnataka, Maharashtra.