🏦 SBI Life Smart Privilege Plus - ULIP Analysis
Total Premium Paid
₹30,00,000
| Year |
Age |
Premium Paid |
PAC Deduction |
Net Premium |
Opening Fund |
Gross Growth |
Loyalty Addition |
Fund Before Charges |
Admin Charge |
Sum at Risk |
Mortality Charge |
Fund Before FMC |
FMC Deduction |
Closing Fund |
🔍 Key Insights & Analysis
- Premium Allocation Charges (PAC) of 2.5% apply only for the first 5 years, totaling ₹75,000
- Fund Management Charges (FMC) of 1.35% annually can significantly impact long-term returns
- Loyalty additions provide substantial boosts, especially in later years (up to 7% in year 30)
- Mortality charges decrease as fund value increases, reducing the sum at risk
- The policy becomes more attractive in later years due to loyalty additions and reduced charges