Icici Life vs Sbi Investment Plans Life Insurance 2026 | PolicyX
Select Insurer

At a glance

Which insurer is ahead on the figures both publish

Customer rating

Sbi Investment Plans

4.5 / 5Icici Life 4.6 / 5Sbi Investment Plans

Claim settlement ratio

Icici Life

99.3%Icici Life Minimum Age - 5 year%Sbi Investment Plans

Share of death claims the insurer paid

Solvency ratio

Sbi Investment Plans

2.12Icici Life 80 yearsSbi Investment Plans

IRDAI minimum is 1.5

COMPANY DETAILS ✎ Edit

Icici Life

✎ Edit

Sbi Investment Plans

Customer rating

Customer rating

4.5 / 5

Customer rating

4.6 / 5 Higher
Life insurance plans listed

Life insurance plans listed

6 plans ❯

Life insurance plans listed

8 plans ❯
Annual premiums collected (2024-25)

Annual premiums collected (2024-25)

₹ 48,950.71 crores

Annual premiums collected (2024-25)

₹ Rs 50,000 to No limit
Claim settlement ratio

Claim settlement ratio

99.3% Higher

Claim settlement ratio

Minimum Age - 5 year%
Solvency ratio

Solvency ratio

2.12

Solvency ratio

80 years Higher
Pan India presence (branches)

Pan India presence (branches)

506

Pan India presence (branches)

Annual, half-yearly,
Payout options

Payout options

Lump sum, monthly, or a combination of both

Payout options

Not available
Riders available

Riders available

Terminal Illness Benefit, Income Benefit Rider, Waiver of Premium, Critical Illness Benefit, Permanent and Partial Disability Benefit, Accidental Death Benefit

Riders available

Minimum term - 6 years Maximum term - 30 years
Inception year

Inception year

27,160.06 cr

Inception year

Not available
Complaints per ₹1 crore of premium collected

Complaints per ₹1 crore of premium collected

2001

Complaints per ₹1 crore of premium collected

Not available
Recommended Videos
Best ICICI Life Insurance Plans

Best ICICI Life Insurance Plans

Plans from Icici Life and Sbi Investment Plans

Every plan we list from each insurer, including its term and investment plans. Switch insurer to see the other's plans.

Life

ICICI Protect-n-Gain

The ICICI Protect N Gain ULIP combines life insurance coverage, potentially up to 100 times the annual premium, with wealth creat… Read More

  • 18 Fund Options Available
  • 4 Plan Strategies
  • Systematic Withdrawal Plan Option
Sum assuredBase sum assured: 5 Lakhs to no limit.
Entry ageMinimum Age - 18 years Maximum Age - 55…
View plan
Icici Investment Plans

ICICI Life Signature Plan

ICICI Signature is a ULIP that combines life cover with wealth creation, offering long-term growth and financial security. It fea… Read More

  • Life Cover
  • Wealth Boosters
  • Return of Premium Allocation Charges
Sum assuredSingle, Yearly, Half-Yearly, and Monthly
Entry age0-70 years
View plan
Investment Plan

ICICI Life Cash Advantage

The ICICI Life Cash Advantage Investment Plan is a non-linked life insurance savings plan that combines protection with guarantee… Read More

  • Guaranteed Cash Benefit
  • Life Cover
  • Policy Loan
Sum assured5/10 Years
Entry ageMinimum Age - 30 Days, Maximum Age - 60…
View plan
Investment Plan

ICICI Life Savings Suraksha

The ICICI Life Savings Suraksha Investment Plan combines savings and protection, helping individuals achieve financial goals whil… Read More

  • Guaranteed additions
  • Multiple premium options
  • Additional bonuses
Sum assuredLimited Pay (5, 7, 10, 12 years) and Re…
Entry ageMinimum age: 0 years, Maximum age: 60 y…
View plan
Investment Plan

ICICI Assured Savings

ICICI Life Assured Savings Plan combines life cover with guaranteed returns, offering annual additions of 9% to 11% to the base s… Read More

  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)
Sum assured5/7/8/10/12 years
Entry ageMinimum age - 0 years Maximum age - 60…
View plan
Investment Plan

ICICI Life Future Perfect

The ICICI Life Future Perfect Investment Plan is a versatile savings and protection-oriented life insurance solution designed to… Read More

  • Guaranteed Additions
  • Flexible PPT
  • Cash Bonuses
Sum assured5/7/10/15/20 years
Entry ageMinimum age - 91 days Maximum age - 55…
View plan
Investment

SBI Life Smart Lifetime Saver

The SBI Life Smart Lifetime Saver is a non-participating whole life insurance plan that combines insurance and savings, offering… Read More

  • Whole life cover
  • Guaranteed regular income
  • Rider benefits
Sum assured10/12/15 Years
Entry ageMinimum age: 90 days Maximum age: 55 ye…
View plan
Sbi Investment Plans

SBI Life Smart Platina Plus

The SBI Life Smart Platina Plus is a non-linked, non-participating life insurance savings plan that provides both life cover and… Read More

  • Guaranteed addition on maturity
  • Flexible income payout option
  • Limited premium payment option
Sum assuredMinimum: 6 Years Maximum: 10 Years
Entry ageMinimum entry age: 30 years Maximum ent…
View plan
Sbi Investment Plans

SBI Life New Smart Samridhi

The SBI Life Smart Samriddhi Plan is a savings-linked life insurance policy offering life coverage throughout the tenure with lim… Read More

  • Limited Premium Payment
  • No Medical Test Required
  • Annual Guaranteed Additions
Sum assuredSame as the policy term
Entry ageMinimum Entry Age: 30 days, Maximum Ent…
View plan
Investment Plan

SBI Life Smart Hamsafar Plan

The SBI Life Smart Humsafar Plan is a joint life insurance-cum-savings plan designed for spouses, offering both protection and in… Read More

  • Joint life plan
  • Waiver of premiums
  • Participation in profits
Sum assuredSame as the policy term
Entry ageMinimum entry age: 30 years Maximum ent…
View plan
Sbi Investment Plans

SBI Shubh Nivesh Plan

The SBI Life Shubh Nivesh Plan is a non-linked, participating life insurance policy offering triple benefits: whole life coverage… Read More

  • Explore SBI Life Shubh Nivesh
  • Understand the Key Features
  • Check the Eligibility Criteria
Sum assured5 to 30 years
Entry ageMinimum Age - 18 years Maximum Age - 60…
View plan
Sbi Investment Plans

SBI Smart Money Back Gold

The SBI Life Smart Money Back Gold plan is a non-linked, participating life insurance savings plan designed to provide both life… Read More

  • All About SBI Life Smart Money Back Gold
  • Key Features & Benefits of the Plan
  • Sample Illustration of the Plan
Sum assured15 to 25 years
Entry ageMinimum Age - 14 years Maximum Age - 55…
View plan
Sbi Investment Plans

SBI Smart Platina Assure

The SBI Life Smart Platina Assure is a non-linked, non-participating life endowment savings plan that combines life cover with gu… Read More

  • Explore SBI Life Smart Platina Assure
  • Key Features of the Plan
  • How the Plan Works
Sum assured7, 10 years
Entry ageMinimum Age - 18 years Maximum Age - 60…
View plan
Sbi Investment Plans

SBI Smart Bachat

The SBI Life Smart Bachat Plan is an individual, non-linked, participating life insurance savings product designed to help indivi… Read More

  • Know All About SBI Life Smart Bachat
  • Explore the Key Features and Benefits
  • Understand the Exclusions
Sum assured7/10/15 years
Entry ageMinimum Age: 3 years, Maximum Age: 50 y…
View plan
●  Free Expert Advice

Talk to India's Top Insurance Advisor

Get personalised guidance from IRDAI-certified experts — zero cost, zero spam. Our advisors help 1M+ Indians choose the right plan every year.

Life Insurance Articles

Quick Comparison with Other Insurers

Other Life Insurance Companies

Trouble connecting with an insurance company?

Contact PolicyX.com
Toll-free: 1800-4200-269
We are happy to help.
NG
Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

📞 Call Free