Lic Investment vs Sbi Investment Plans Life Insurance 2026 | PolicyX

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Overview

LIC Investment Plans: Overview

The Life Insurance Corporation of India (LIC) is the oldest player in India's insurance sector, serving the country's insurance needs for a long period. As a leading player in the market, LIC has maintained its reputation as the largest insurance company in India.

LIC Investment Plans are tailored to meet customers' financial and investment needs, such as education, health, life cover, children's marriage, and retirement. These plans are designed to effectively address financial burdens during life's emergencies and uncertainties.

LIC Investment Plans are designed to meet your investment needs by offering:

  • Maturity benefits
  • Death benefits
  • Participation in profits
  • Additional riders to choose from
COMPANY DETAILS ✎ Edit

Lic Investment

✎ Edit

Sbi Investment Plans

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 000 to No limit

Annual Premiums Collected (2024-25)

₹ 000 to No limit
Payout Options

Payout Options

-

Payout Options

-
Claim ratio

Payout Options

Minimum Age - 5 year%

Payout Options

Minimum Age - 5 year%
Solvency Ratio

Solvency Ratio

80 years

Solvency Ratio

80 years
Pan India Presence

Pan India Presence

Annual, half-yearly,

Pan India Presence

Annual, half-yearly,
Riders Available

Riders Available

Minimum term: 6 years. Maximum term: 30 years.

Riders Available

Minimum term - 6 years Maximum term - 30 years
Policy Term

Policy Term

5 to 30 years

Policy Term

5 to 12 years
Inception year

Inception year

-

Inception year

-
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

-

Complaint ratio per ₹1 crore of premium collected

-
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
IRDAI registration number

IRDAI registration number

-

IRDAI registration number

-
Awards and recognitions

Awards and recognitions

-

Awards and recognitions

-
Recommended Videos
6 Best LIC Plans to Invest

6 Best LIC Plans to Invest

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Types of SBI Investment Plans Plans

Every plan currently being sold by SBI Investment Plans, shown side-by-side so you can shortlist quickly.

SBI Life Smart Platina Plus

SBI Life Smart Platina Plus is a comprehensive, non-linked, non-participating individual life insurance savings product offered by... Read More

Unique Features

  • Guaranteed addition on maturity
  • Flexible income payout option
  • Limited premium payment option
Sum AssuredMinimum entry age: 30 years
Entry AgeMaximum entry age: 60 years
View plan

SBI Life New Smart Samridhi

SBI Life Smart Samriddhi Plan is a fusion of an insurance plan and a savings plan. This SBI plan offers life coverage throughout t... Read More

Unique Features

  • Limited Premium Payment
  • No Medical Test Required
  • Annual Guaranteed Additions
Sum AssuredMinimum Entry Age: 30 Days
Entry AgeMaximum Entry Age: 50 Years
View plan

SBI Life Smart Hamsafar Plan

SBI Life Smart Humsafar Plan is an insurance-cum-savings plan that offers dual benefits of protection and savings. It is a joint l... Read More

Unique Features

  • Joint life plan
  • Waiver of premiums
  • Participation in profits
Sum AssuredMinimum entry age: 18 years
Entry AgeMaximum entry age: 46 years
View plan

SBI Shubh Nivesh Plan

A penny saved is a penny earned. Save your money with SBI Life Shubh Nivesh Plan and meet your long-term financial goals. SBI Life... Read More

Unique Features

  • Explore SBI Life Shubh Nivesh
  • Understand the Key Features
  • Check the Eligibility Criteria
Sum AssuredMinimum entry age - 18 years
Entry AgeMaximum entry age - 60 years
View plan

SBI Smart Money Back Gold

Your family depends on you. Provide them with the life you've dreamt of. With SBI Life Smart Money Back Gold, invest your money an... Read More

Unique Features

  • All About SBI Life Smart Money Back Gold
  • Key Features & Benefits of the Plan
  • Sample Illustration of the Plan
View plan

SBI Smart Platina Assure

Don't save money to save. Save money to invest and fulfill your long-term goals.SBI Life Smart Platina Assure gives your family th... Read More

Unique Features

  • Explore SBI Life Smart Platina Assure
  • Key Features of the Plan
  • How the Plan Works
View plan

SBI Smart Bachat

Save yourself and your family from rising inflation with SBI Life Smart Bachat. It is important to plan for future savings and exp... Read More

Unique Features

  • Know All About SBI Life Smart Bachat
  • Explore the Key Features and Benefits
  • Understand the Exclusions
Sum AssuredMinimum entry age: 3 years
Entry AgeMaximum entry age: 50 years
View plan

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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.

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