Sbi Ulip Plans
vs
Hdfc Life

  • Top life insurers to choose from
  • Multiple sum assured options
  • Choice of premium-payment term
Buy Policy in just 2 mins

Buy Policy in just 2 mins

Happy Customers

2 lakh + Happy Customers

Free Comparison

Free Comparison

Customized Term Insurance Plan for you.

Get upto 10% Online Discount*

Gender

Age

Compare

Sbi Ulip Plans vs Hdfc Life

Sbi Ulip Plans

To cater to your wealth creation needs, SBI comes up with 8 ULIP plans. Unit Linked Insurance plans are an investment-cum-life insurance policies.

Hdfc Life

HDFC Life is a joint venture between HDFC Ltd., India& 039;s leading housing finance institution, and Aberdeen PLC. It is present in around 980+ towns and cities in India.

COMPANY DETAILS Edit SBI ULIP Plans

Sbi Ulip Plans

Edit HDFC Life Insurance

Hdfc Life

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

Annual Premiums Collected (2023-24)

Rs 1 lakh to No limit

Annual Premiums Collected (2023-24)

962.83 Cr.
Payout Options

Payout Options

-

Payout Options

Lump sum, fixed payouts, or a combination of both
Claim ratio

Claim ratio

Minimum Age- 14 year%

Claim ratio

99.3%
Solvency Ratio

Solvency Ratio

70 years

Solvency Ratio

2
Branches

Branches

Annual, half-yearly,

Branches

372 branches
Riders Available

Riders Available

10 to 30 years

Riders Available

Income Benefit on Accidental Disability Rider, Critical Illness Plus Rider, Protect Plus Rider, Health Plus Rider
Policy Term

Policy Term

10 to 30 years

Policy Term

10 to 40 years

Know More About Companies

Overview

SBI ULIP Plans: Overview

To cater to your wealth creation needs, SBI comes up with 8 ULIP plans. Unit Linked Insurance plans are an investment-cum-life insurance policies. It offers two-fold benefits - investment when the policyholder is alive & post-death benefits to the nominee. Read along to explore more about SBI ULIP Plans.

SBI ULIP Plans ensures to look after your investment needs by offering:

why-choose
  • Enjoy life cover along with investment

  • Option to choose from Multiple Funds

  • Systematic Monthly Withdrawal

  • Hassle-free investment management

Riders

Riders You Can Avail With HDFC Life Insurance Plans

Name of the Rider Benefits
HDFC Life Income Benefit on Accidental Disability Rider Offers additional income benefits in case of the policyholder’s demise due to an accident.
HDFC Life Critical Illness Plus Rider A lump sum amount is offered in case the policyholder is diagnosed with any of the 19 critical illnesses.
HDFC Life Protect Plus Rider Additional benefits are offered in case the policyholder is diagnosed with any of 19 critical illnesses or disability due to the accident.
HDFC Life Health Plus Rider A lump sum amount is offered in case the policyholder is diagnosed with any of 60 critical illnesses.

Consult for Personalized Insurance Advice

Contact With Advisor

But how does it work?

Schedule a call with India’s number 1 trusted advisor with a 4.5+ rating on Google. We are not your average insurance agents. Our advisors are experts in their insurance knowledge and will give you the right information at the right time. The service is free of cost! Don’t worry, we won’t spam as we value your time.

Other Life Insurance Companies

Trouble connecting with an insurance company?

Contact PolicyX.comCall at our toll-free number 1800-4200-269Email: helpdesk@policyx.com

We are happy to help.

SBI ULIP Plans

To cater to your wealth creation needs, SBI comes up with 8 ULIP plans. Unit Linked Insurance plans are an investment-cum-life insurance policies.

SBI Ulip Plans Plans

SBI Ulip Plans

SBI Insurance company has been serving the finest insurance products to their customers, such as life insurance, health insurance, motor insurance, or...

Unique Features

  • 9 Investment Fund Choices
  • Switching Option Available
  • Surrender Policy Anytime

SBI Smart Elite Plan (Pros)

SBI Smart Elite Plan
  • 9 Investment Fund Choices
  • Switching Option Available
  • Surrender Policy Anytime

SBI Smart Elite Plan (Cons)

SBI Smart Elite Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

SBI Smart Elite Plan (Other Benefits)

SBI Smart Elite Plan
  • Death Benefits
  • Maturity Benefits
  • Fund Switching

SBI Smart Elite Plan (Eligibility Criteria)

SBI Smart Elite Plan
  • Minimum entry age- 18 years
  • Maximum entry age- 60 years
  • Maximum sum assured- 105% of premiums
  • Maximum policy term- 30 years

SBI Ulip Plans

SBI Life Smart Wealth Builder is an individual, unit-linked, and non-participating life insurance plan. It comes out with a dual benefit of insurance ...

Unique Features

  • Guaranteed Bonus During Policy Term
  • Free Look Period of 15 Days
  • 1 Free Partial Withdrawal

SBI Life Smart Wealth Builder (Pros)

SBI Life Smart Wealth Builder
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions

SBI Life Smart Wealth Builder (Cons)

SBI Life Smart Wealth Builder
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

SBI Life Smart Wealth Builder (Other Benefits)

SBI Life Smart Wealth Builder
  • Guaranteed Bonus During Policy Term
  • Free Look Period of 15 Days
  • 1 Free Partial Withdrawal

SBI Life Smart Wealth Builder (Eligibility Criteria)

SBI Life Smart Wealth Builder
  • Minimum entry age- 7 years
  • Maximum entry age- 55 years
  • Maximum sum assured- 10* Annualized Premium
  • Maximum policy term- 30 years

SBI Ulip Plans

SBI Life Saral Maha Anand is a unit-linked non-participating life insurance product that offers growth opportunities through capital market participat...

Unique Features

  • Accidental Death Rider Benefits
  • Availability of 3 Fund Options
  • No medical Examination Required

SBI Saral Maha Anand (Pros)

SBI Saral Maha Anand
  • Guaranteed Additions of up to 30%
  • Requires no medical examination
  • Flexibility to choose from 3 fund options

SBI Saral Maha Anand (Cons)

SBI Saral Maha Anand
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

SBI Saral Maha Anand (Other Benefits)

SBI Saral Maha Anand
  • Accidental Death Rider Benefits
  • Availability of 3 Fund Options
  • No medical Examination Required

SBI Saral Maha Anand (Eligibility Criteria)

SBI Saral Maha Anand
  • Minimum entry age- 18 years
  • Maximum entry age- 55 years
  • Minimum sum assured- Rs 10* AP
  • Maximum sum assured- Higher of 20 x annualized premium
  • Maximum policy term- 30 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.