Sbi Life
vs
Icici Prudential Investment

  • Top life insurers to choose from
  • Multiple sum assured options
  • Choice of premium-payment term
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Sbi Life vs Icici Prudential Investment

Sbi Life

SBI Life Insurance is one of the leading life insurance company that offers multiple insurance solutions including term plans, child plans, ULIPS, retirement plans, etc.

Icici Prudential Investment

ICICI Prudential Investment Plans help an individual to build a financial corpus for a child& 039;s marriage or schooling, or for retirement. ICICI Investment Plans help people to invest in plans that give larger returns and allow them to secure their future.

COMPANY DETAILS Edit SBI Life Insurance Company

Sbi Life

Edit ICICI Prudential Investment Plans

Icici Prudential Investment

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2023-24)

Annual Premiums Collected (2023-24)

67315.5 cr

Annual Premiums Collected (2023-24)

000 to No limit
Payout Options

Payout Options

-

Payout Options

-
Claim ratio

Claim ratio

98.39%%

Claim ratio

Minimum Age - 5 year%
Solvency Ratio

Solvency Ratio

2.2

Solvency Ratio

80 years
Branches

Branches

990+

Branches

Annual, half-yearly,
Riders Available

Riders Available

-

Riders Available

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

Policy Term

-

Policy Term

5 to 12 years

Know More About Companies

Overview

SBI Life Insurance: Overview

SBI Life Insurance Plans are categorized under savings plans, protection plans, wealth creation insurance plans, retirement plans, child plans, money back/income plans, and more catering to individuals with different financial and protection needs. SBI Life Insurance is a collaboration between the State Bank of India and the French Financial Institution BNP Paribas Cardif. SBI Life Insurance has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake including other investors.  

SBI Life Insurance Company ensures to look after your insurance needs by offering:

why-choose
  • Wide range of plans

  • Reliability and trust

  • Ease of purchase

  • Tax benefits

  • Affordable insurance plans

Riders

Riders You Can Avail With SBI Life Insurance Plans

Name of the Rider Benefits
SBI Life Accidental Death Benefit Rider An accidental death benefit rider provides an additional sum assured if the policyholder dies within 120 days due to an accident.
SBI Life Accidental Total and Permanent Disability Rider The accidental total and permanent disability rider offers the rider sum assured if the policyholder suffers from total and permanent disability due to an accident.

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SBI Life Insurance is one of the leading life insurance company that offers multiple insurance solutions including term plans, child plans, ULIPS, retirement plans, etc.

SBI Life Insurance Plans Plans

SBI Life Insurance Plans

SBI Life Flexi Smart Plus is a non-linked life insurance plan    This plan offers the required comprehensive life insurance cover along with...

Unique Features

  • Offers Surrender Benefit
  • Tax Benefits Available
  • 100% Guaranteed Returns

SBI Life Smart Flexi Term Plus (Pros)

SBI Life Smart Flexi Term Plus
  • Guaranteed Bonus
  • Partial Withdrawls
  • Interim Bonus

SBI Life Smart Flexi Term Plus (Cons)

SBI Life Smart Flexi Term Plus
  • No Policy Loan
  • Funds to invest
  • Spouse cover

SBI Life Smart Flexi Term Plus (Other Benefits)

SBI Life Smart Flexi Term Plus
  • Death Benefit
  • Maturity Benefit
  • Tax Benefit

SBI Life Smart Flexi Term Plus (Eligibility Criteria)

SBI Life Smart Flexi Term Plus
  • Minimum entry age-18 years
  • Maximum entry age-60 years
  • Minimum policy term- 5 years
  • Maximum policy term-30 years
  • Maximum sum assured- Rs. 50
  • 000

ICICI Prudential Investment Plans help an individual to build a financial corpus for a child& 039;s marriage or schooling, or for retirement. ICICI Investment Plans help people to invest in plans that give larger returns and allow them to secure their future.

Investment Plan Plans

Investment Plan

Achieve your life goals with ICICI Pru Guaranteed Income for Tomorrow – secure savings, guaranteed returns, and financial security. ICICI Pru Gu...

Unique Features

  • Discount on Sum Assured
  • Guaranteed Additions
  • 2 Rider Benefits

ICICI Guaranteed Income for Tomorrow (Pros)

ICICI Guaranteed Income for Tomorrow
  • Loan Benefit
  • Tax Benefits
  • Maturity Benefit

ICICI Guaranteed Income for Tomorrow (Cons)

ICICI Guaranteed Income for Tomorrow
  • No pre-existing condition
  • Suicidal exclusion
  • No drug consumption

ICICI Guaranteed Income for Tomorrow (Other Benefits)

ICICI Guaranteed Income for Tomorrow
  • 4 Plan options
  • Death benefit
  • Surrender value

ICICI Guaranteed Income for Tomorrow (Eligibility Criteria)

ICICI Guaranteed Income for Tomorrow
  • Minimum entry age- 18 year
  • Maximum entry age- 60 years
  • Minimum sum assured- NA
  • Maximum sum assured- NA
  • Maximum policy term- 20 years

Investment Plan

ICICI Pru Cash Advantage is a non-linked individual life insurance savings plan. It offers comprehensive benefits of savings and protection in the sam...

Unique Features

  • Guaranteed Cash Benefit
  • Life cover
  • Policy Loan

ICICI Pru Cash Advantage (Pros)

ICICI Pru Cash Advantage
  • Loan Benefit
  • Tax Benefits
  • Maturity Benefit

ICICI Pru Cash Advantage (Cons)

ICICI Pru Cash Advantage
  • No pre-existing condition
  • Suicidal exclusion
  • Death due to aviation accident

ICICI Pru Cash Advantage (Other Benefits)

ICICI Pru Cash Advantage
  • Flexible Premium Payment
  • Death benefit
  • Surrender value

ICICI Pru Cash Advantage (Eligibility Criteria)

ICICI Pru Cash Advantage
  • Minimum entry age- 1 year
  • Maximum entry age- 60 years
  • Minimum sum assured- 7 times available SA
  • Maximum sum assured- 10 times available SA
  • Maximum policy term- 20 years

Investment Plan

‘ A combination of savings and protection plan’. ICICI Pru Savings Suraksha is a financial plan that helps you save for future financial g...

Unique Features

  • Guaranteed additions
  • Multiple premium options
  • Additional bonuses

ICICI Prudential Savings Suraksha (Pros)

ICICI Prudential Savings Suraksha
  • Death benefits
  • Surrender benefits
  • Maturity benefits on survival

ICICI Prudential Savings Suraksha (Cons)

ICICI Prudential Savings Suraksha
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

ICICI Prudential Savings Suraksha (Other Benefits)

ICICI Prudential Savings Suraksha
  • Revisionary bonus
  • Terminal bonus
  • Free-look period

ICICI Prudential Savings Suraksha (Eligibility Criteria)

ICICI Prudential Savings Suraksha
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured - 7 times annualized premiums
  • Maximum sum assured - 10 times annualized premiums
  • Maximum policy term- 30 years

Investment Plan

‘Save smartly with ICICI Pru Assured Savings get guaranteed returns and life cover’. There's no harm in saving some money for the future. ...

Unique Features

  • 9% to 11% Guaranteed Additions
  • Guaranteed maturity benefits
  • Special Surrender Value (SSV)

ICICI Assured Savings (Pros)

ICICI Assured Savings
  • Special Surrender Value
  • Guaranteed Benefits
  • Tax Benefits

ICICI Assured Savings (Cons)

ICICI Assured Savings
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

ICICI Assured Savings (Other Benefits)

ICICI Assured Savings
  • Flexible premium payment
  • Loan benefit
  • Death benefit

ICICI Assured Savings (Eligibility Criteria)

ICICI Assured Savings
  • Minimum entry age- 0 year
  • Maximum entry age- 60 years
  • Minimum sum assured - 84
  • 000
  • Maximum sum assured - 4 Lakhs
  • Maximum policy term- 20 years

Investment Plan

Build wealth, secure dreams: ICICI Prudential Future Perfect Plan for a brighter future. Savings alone won't make your dreams come true; you need to g...

Unique Features

  • Guaranteed Additions
  • Flexible PPT
  • Cash Bonuses

ICICI Prudential Future Perfect (Pros)

ICICI Prudential Future Perfect
  • Guaranteed Surrender Value
  • Revive Policy
  • Tax Benefits

ICICI Prudential Future Perfect (Cons)

ICICI Prudential Future Perfect
  • No pre-existing condition
  • Suicidal exclusion
  • Aviation accident

ICICI Prudential Future Perfect (Other Benefits)

ICICI Prudential Future Perfect
  • Revisionary Bonus
  • Loan benefit
  • Death benefit

ICICI Prudential Future Perfect (Eligibility Criteria)

ICICI Prudential Future Perfect
  • Minimum entry age- 91 Days
  • Maximum entry age- 58 years
  • Minimum sum assured - 84
  • 000
  • Maximum sum assured - 4 Lakhs
  • Maximum policy term- 25 years
Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.