Pramerica Life vs Sbi Investment Plans Life Insurance 2026 | PolicyX
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Pramerica Life

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Sbi Investment Plans

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

Annual Premiums Collected (2024-25)

₹ 2074.43 crores

Annual Premiums Collected (2024-25)

₹ 000 to No limit
Payout Options

Payout Options

Lump sum, regular frequencies or a combination of both

Payout Options

-
Claim ratio

Payout Options

99.18%%

Payout Options

Minimum Age - 5 year%
Solvency Ratio

Solvency Ratio

2.33

Solvency Ratio

80 years
Pan India Presence

Pan India Presence

134

Pan India Presence

Annual, half-yearly,
Riders Available

Riders Available

Accelerated Benefit Rider, Waiver of Premium Rider, Children's Term Insurance Rider, Return of Premium Rider, Accidental Death Benefit Rider, Accidental Total and Permanent Disability Rider

Riders Available

Minimum term - 6 years Maximum term - 30 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

-
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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

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

The SBI Life Smart Samriddhi Plan is a savings-linked life insurance policy offering life coverage throughout the tenure with limi... 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
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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 inv... 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
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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

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
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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 c... 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

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

Unique Features

  • Explore SBI Life Smart Platina Assure
  • Key Features of the Plan
  • How the Plan Works
Sum AssuredMinimum Age - 18 years Maximum Age - 60 years
Entry Agesum assured: Rs 5
View plan

SBI Smart Bachat

The SBI Life Smart Bachat Plan is an individual, non-linked, participating life insurance savings product designed to help individ... 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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