Training Team | 20th Feb, 2014 | Product Code : 1N Smart Money Back Gold Training Team | 20th Feb, 2014 | Product Code : 1N

Presenting SBI Life – Smart Money Back Gold Individual, Non-linked, Participating Endowment Plan with cash inflow at regular intervals and full risk cover irrespective of survival benefits already paid

Vested Simple reversionary Bonus Terminal Bonus (if any) Product with built in liquidity and full sum assured irrespective of survival benefits already paid Enjoy Full Life Cover till all the benefits are paid, irrespective of any survival benefits already paid. 15% of Sum Assured 15% of Sum Assured 15% of Sum Assured 15% of Sum Assured 50% of Sum Assured Vested Simple reversionary Bonus Terminal Bonus (if any)

Product at a Glance Entry Age (age as on last birthday) Maturity Age Minimum: Option A: 15 Maximum: Option A: 55 Option B: 15 Option B: 55 Option C: 14 Option C: 50 Option D: 14 Option D: 45 Maturity Age Maximum: Option A: 67 Option B: 70 Option C: 70 Option D: 70 Sum Assured Minimum: Rs.75,000/- Maximum: No Limit Premium Minimum Premium: Monthly : 400 | Quarterly : 1200 | Half-Yearly : 2400 | Yearly : 4500 Maximum Premium: No Limit - Based on Sum Assured Premium Frequency & Premium Modes Yearly | Half-yearly | Quarterly | Monthly# Half-Yearly: 52% of annual premium Quarterly: 26.5% of annual premium Monthly#: 8.9% of annual premium Policy Term Option A: 12 Option C: 20 Option B: 15 Option D: 25 Rider SBI Life - Preferred Term Rider (UIN: 111B014V02) SBI Life - Accidental Death Benefit (ADB) Rider (UIN: 111B015V02) SBI Life - Accidental Total & Permanent Disability (ATPD) Benefit Rider (UIN: 111B016V02) SBI Life - Criti Care 13 Non - Linked Rider (UIN: 111B025V02) # 3 Months premium to be paid in advance and renewal premium payment through Electronic Clearing System (ECS) or Standing Instructions For Monthly Salary Saving Scheme (SSS), 2 month premium to be paid in advance and renewal premium payment is allowed only through Salary Deduction

Survival Benefits Survival Benefit as a % of Sum Assured 20% 50% Plan 1: 12 Year Policy Term 3rd Year 6th Year 9th Year 12th Year 15% Plan 2: 15 Year 15th Year Plan 3: 20 Year 4th Year 8th Year 16th Year 20th Year Plan 4: 25 Year 5th Year 10th Year 25th Year Survival Benefits at regular intervals during the policy term. In addition, Simple Reversionary Bonus will be paid with the last Survival Benefit during at maturity

On unfortunate event before maturity Life Insured: Mr. Rohit | Age: 35 Yrs I Premium Paying Term & Policy Term: 20 Yrs Basic Sum Assured: 10 Lacs I Death: 13th Year | Survival Benefits: Yr 4, Yr 8, Yr 12. D Full Death Benefit&# irrespective of any survival benefits already paid 15% of Sum Assured 15% of Sum Assured 15% of Sum Assured Vested Simple reversionary Bonus Terminal Bonus (if any) &#Death Benefit  refer slide 7

Death Benefit (irrespective any of survival benefits paid earlier) Death Benefit (lump sum benefit) A B Higher of Death Benefit *Sum Assured on Death + Vested Bonus + Terminal Bonus (if any) 105% of the total premiums paid till insured event = OR *Sum Assured on Death Higher of Basic Sum Assured #Multiple of annualized Premium (depending on age of entry of Life Insured) = OR #Multiple Policy Term Entry Age < 45 Entry Age => 45 12,15, 20 & 25 10 7 The Paid-up Sum Assured along with any vested simple reversionary bonuses including terminal bonus, if any, will be called the ‘Paid-up Value’ of the policy, this paid-up value will be paid on earlier death of the life assured.

Key Benefits Money Back options specially tailored to suit your requirements Fixed cash inflows which can meet your various financial obligations Survival Benefit of 110% of Sum Assured paid till maturity Rebate on Large Sum Assured Customize your coverage through the wide range of additional benefits SBI Life -Accidental Death Benefit Rider (UIN: 111B015V02), SBI Life - Accidental Total Permanent Disability Rider (UIN: 111B016V02), SBI Life – Preferred Term Rider (UIN: 111B014V02) SBI Life - Criti Care 13 Non-Linked rider (UIN: 111B025V02)

Bonus Simple Reversionary bonus declared every year as a percentage of sum assured Reversionary bonus once vested (accrued) become guaranteed A paid-up policy will not participate in any subsequent distribution of profits.. Terminal bonus (if any), will be paid on death, maturity or on surrender Note: The rate of terminal bonus is a % age of the total amount of bonuses allocated not as a % age of Sum Assured

Rider Benefits Option of 4 riders (Preferred Term Rider, Accidental Death Benefit Rider, Accidental Total & Permanent Disability Benefit Rider and Criti Care 13 Non - Linked Rider) Riders can be added only at inception Riders can be cancelled at any time during the policy term without rejoining Rider Term can not be higher than base policy term Rider sum assured cannot be greater than base policy sum assured

Rider Benefits Rider Type Cover Details Entry Age Max Age for Cover Term Sum Assured Min/Max Accidental Death Benefit Rider (UIN:111B015V02) The rider covers death of the life assured due to accident Min: 18 yrs Max: 65 yrs 70 yrs Min: 5yrs Max: 30yrs Min: Rs 25,000 Max: Rs 50,00,000 Accidental Total & Permanent Disability Rider (UIN:111B016V02) The rider covers permanent & total disability due to accident Preferred Term Rider (UIN:111B014V02) The rider covers death of the life assured Criti Care 13 Non - Linked Rider (UIN: 111B025V02) If life assured being diagnosed with any of the thirteen diseases Max: 55 yrs 64 yrs Min: 5 yrs Max: 30 yrs Min: Rs. 25,000 Max: Rs. 20 Lac Accidental Definition: Accident is defined as “An accident is a sudden, unforeseen and involuntary event caused by external and visible and violent means.”

Criti Care 13 Non - Linked Rider 13 illnesses covered, listed as below Cancer of Specified Severity First Heart Attack – of Specified Severity Open Heart Replacement or Repair of Heart Valve Coma of Specified Severity Permanent Paralysis of Limbs Major Burns Kidney Failure Requiring Regular Dialysis Motor Neuron Disease with Permanent Symptoms Stroke Resulting in Permanent Symptoms Surgery Of Aorta Major Organ / Bone Marrow Transplant Multiple Sclerosis with Persisting Symptoms Open Chest CABG (Coronary Artery Bypass Heart Surgery) There is a 90 day waiting period for this benefit

Surrender / Paid-up Value For Regular Premium 3 full years premiums should have been paid, The sum assured of paid up policies will be reduced under the policy by paid up factors which depend on the number of premiums paid to the total number of premiums actually payable as per the term chosen at inception and survival benefits already paid to the policy holder The Paid-up Sum Assured along with any vested simple reversionary bonuses including terminal bonus, if any, will be called the ‘Paid-up Value’ of the policy, this paid-up value will be paid on maturity or earlier death of the life assured. Survival benefit for paid up policy ‘Paid Up Value’ on maturity will be paid in lump sum; No survival instalment would be paid in case of paid-up policy. A paid-up policy will not participate in any subsequent distribution of profits. Option 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Plan A 93 220   340 171  277  377  236  325  410  -    Plan B  210  319 267  359  235  316  392  290  358  423   - Plan C 371  103  204 300  391  181  260  334  405  240  302  360  416  287   336  384 430  Plan D 370  480  115 209  298  382  461  193  324  385  442  243  292  339  384  427  280   318 354  390  424 

Surrender Guaranteed Surrender Value (GSV) For Regular Will be equal to GSV factors multiplied by the basic premiums paid The GSV factors : Plan Option 2 3 4 – 7 8 – 10 11 – 15 16 – 20 21 + Plan A | B | C | D 0% 30% 50% 55% 60% 65% 70% Special Surrender Value (SSV) Will be based on an assessment of the asset share progression at different durations of the policy GSV or SSV, whichever is higher will be paid

Large Sum Assured Discount The Large Sum Assured rebate is offered as a discount on the basic premium, as per the following slabs: Sum Assured Rebate per 1000 of Sum Assured Regular Premium Rs. 2 Lacs => SA < Rs. 3 Lacs Rs.1.00 Rs. 3 Lacs => SA < Rs. 6 Lacs Rs.2.00 => Rs.6 Lacs Rs.3.00

Other Provisions Grace Period Suicide Exclusion: 30 days for yearly, half-yearly & quarterly mode 15 days for monthly mode Suicide Exclusion: If the Life Assured, whether sane or insane, commits suicide within 12 months from the date of issue of this Policy or the date of any reinstatement of this Policy, the policy will become null and void and no claim will be paid. However, an amount equal to 80% of the premiums paid will be paid to the nominee in case of suicide within one year from the date of issue of this policy, provided the policy is in force. And in case of suicide within one year from the date of reinstatement 80% of the premiums paid or surrender value, whichever is higher, will be paid to the nominee.

Other Provisions Revival Period Free Look Period Within 2 years from the date of first unpaid premium Any reinstatement of rider will be done only along with the base plan Free Look Period 15 days for policies sourced through any channel mode other than Distance Marketing and 30 days for policies sourced through Distance Marketing Nomination and Assignment: As per sec 39 and Sec 38 of The Insurance Act, 1938

Tax Benefit Premiums paid are eligible for deduction under Section 80C of Income Tax Act 1961 Premiums paid towards CritiCare 13 non linked rider are eligible for deduction under Section 80D of Income Tax Act 1961 Maturity & death proceeds are exempt from tax liability under Sec 10(10D) of the Income Tax Act 1961 The tax benefits are subject to change with the change in the income tax laws and for availing the tax benefits, the I.T. guidelines have to be followed

Staff Discount Discount on the tabular premium for staff (where no commission is payable) A discount of 3.5% of tabular premium for RP throughout the term For employees, retired employees, VRS holders, minor children and spouse of employees of SBI Life Insurance Co. Ltd, BNP PARIBAS and State Bank of India, Associated Banks, RRBs sponsored by State Bank of India and subsidiaries of State Bank group and BNP PARIBAS group.

Commission Commissions applicable to Corporate Agents, Brokers and Individual Agents Plan Option As a % of Premium Year 1 Year 2 & 3 Year 4+ Plan 1 20% 5% 2.5% Plan 2 Plan 3 25% Plan 4 30% Staff Discount Applicable for employees, retired employees, VRS holders, minor children or spouse of employees of SBI Life Insurance Co. Ltd, BNP Paribas & State Bank of India, Associated Banks, RRBs sponsored by State Bank of India and subsidiaries of State Bank Group and BNP Paribas Group. A discount of 3.5% of tabular premium for RP throughout the term

KYC Annual Premium & Documentation Documents to be submitted for adherence to AML & KYC Guidelines as per premium grade Premium Documents to be submitted Up to 10000 Document to establish proof of identity (name) 10001 to 49999 Recent self attested photograph Residence proof 50000 to 99999 Copy of Pan Card, Form 60 or 61 1 Lac and above Proof of source of fund

AML/KYC Requirements Features : Type of Contracts Documents Insurance Contracts with individuals Proof of Name (Legal name and any other names used) Passport PAN Card Voter’s Identity Card Driving License Letter from a recognized public authority or public servant verifying the identity and residence of the customer (meaning of public authority & public servant separately circulated) If none of the above documents are available, a personal identification and certification of the concerned of the SBI Life branch employee heading the channel through which the business is sourced for identity of the prospective policyholder along with a photograph of the customer Job Card issued by National Rural Employment Guarantee Act, duly signed by an officer of State Government. Where the premium amount exceeds Rs. 10,000/- a self attested recent photograph of the customer has to be submitted with the proposal form

AML/KYC Requirements Proof of Residence Documents Features : Type of Contracts Documents Insurance Contracts with individuals Proof of Residence Telephone bill (Valid proof of residence provided & not older than 6 months from the date of insurance contract) Bank account statement (Bank account statement wherein his permanent/ present residence address is available updated up to the previous month) Letter from any recognized public authority Electricity bill Ration card Valid lease agreement along with rent receipt, which is not more than 3 months old Proof of existence of Employer (e.g. certificate of incorporation for a Company) and Employers certificate evidencing that proof of residence. (Sole proprietorships certificates will not be accepted) In case the customer is residing in Rural areas where it may not be possible to obtain the standard address proof, voter id card will be accepted as address proof provided the address mentioned in the proposal form and the Voter Id card are same

AML/KYC Requirements Features : Type of Contracts Documents Insurance Contracts with individuals Alternate Documents towards both Identity and Residence Current passbook with details of permanent / present residence address (updated up to the previous month) Current statement of bank account with details of permanent / present residence address (as downloaded) are considered as Proof of Address (PoA) and also Proof of Identity (PoI) provided they are supported by officially valid documents carrying photograph, issued by any regulated entity/ Government, like debit card, credit card, kisan card etc. to all the insurance products

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