Retire Smart
vs
Lic
- Choose your coverage tenure
- Multiple sum assured options
- Enhance coverage with add-ons
| PLAN DETAILS |
 Retire Smart |
 Lic |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Uniqueness |
|
|
| Plan Maturity age | Maximum Maturity Age - 80 years | Maximum Maturity Age - Whole life |
| Premium payment term | 5/8/10/15 years | - |
| Plan Entry Age | Minimum Age - 30 years Maximum Age - 70 years | Minimum Age - 25 years Maximum Age - 100 years |
| Sum assured | Rs 1 lakh to No limit | Rs 1 lakhs to No limit |
| Premium payment frequency | Annual, half-yearly, quarterly & monthly | Annual, half-yearly, quarterly & monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 10, 15, 30 years | Minimum term - 5 years Maximum term - Whole life |
| Claim Settlement Ratio (2023-24) | Minimum Age- 30 year | 98.62 |
SBI Life Retire Smart Plan is a unit-linked non-participating pension plan that guarantees 101% of all premiums paid by the policyholder on maturity and also protects your funds from market volatility. Along with the life insurance cover, multiple fund options such as equity Pension Fund, Bond Pension Fund, etc. can gradually add to the growth of an investment.
SBI Life Retire Smart Plan provides single, regular, and limited premium payment options and secures the golden years of a policyholder's life by creating a retirement corpus through systematic investments during his/her earning time.
SBI Retire Smart Plan offers you a range of benefits including:
Consult for Personalized Insurance Advice
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.
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.
With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.
