Sbi Pension Plans vs Sbi Child Life Insurance 2026 | PolicyX

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Overview

SBI Pension Plans: Overview

SBI Life Pension plans are comprehensive retirement-cum-investment plans that help build a corpus over a longer tenure to live a financially secure life after retirement.

Individuals who participate in the SBI Pension Plan receive annuity payments once they retire. SBI offers two main types of pension plans: delayed annuity and instant annuity. Let's take a look at the SBI Life Pension plans in detail.

SBI Pension Plans look after your investment needs by offering:

  • Multiple Premium Payment Options
  • Death Benefits
  • Guaranteed Income
  • Riders Availability
COMPANY DETAILS ✎ Edit

Sbi Pension Plans

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Sbi Child

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

Annual Premiums Collected (2024-25)

₹ Rs 1 lakh to No limit

Annual Premiums Collected (2024-25)

₹ Rs 1 lakh to No limit
Payout Options

Payout Options

-

Payout Options

-
Claim ratio

Payout Options

Minimum Age- 30 year%

Payout Options

Minimum Age- 0 years%
Solvency Ratio

Solvency Ratio

85 years

Solvency Ratio

70 years
Pan India Presence

Pan India Presence

Annual, half-yearly,

Pan India Presence

Annual, half-yearly,
Riders Available

Riders Available

10 to 30 years

Riders Available

21 ninus child entry age
Policy Term

Policy Term

10 to 40 years

Policy Term

18 ninus child entry
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

-

Riders

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Types of SBI Pension Plans Plans

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

Types of SBI Child Plans Plans

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

SBI Smart Champ

SBI Life Smart Champ Insurance plan is a participating non-linked individual life insurance plan. The product has been developed t... Read More

Unique Features

  • One-time payment option available
  • Offers Guaranteed Smart Benefits
  • Get Tax Benefits on premiums
Sum AssuredMinimum entry age: 0 years
Entry AgeMaximum entry age: 13 years
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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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