No Spam
No
mis-selling
No pushy
sales
Sbi Life New Smart Samriddhi
VS
Kotak Single Invest Advantage
| PLAN DETAILS |
Sbi Life New Smart Samriddhi |
Kotak Single Invest Advantage |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Uniqueness |
|
|
| Plan Maturity age | Maximum Maturity Age: 65 years | Maximum maturity age: 78 years |
| Premium payment term | Same as the policy term | Single |
| Plan Entry Age | Minimum Entry Age: 30 days, Maximum Entry Age: 50 Years | Minimum entry age: 3 years Maximum entry age: 45 years |
| Sum assured | Minimum sum assured: 65,000 Maximum sum assured: 10,18,000 | 10 times the basic sum assured |
| Premium payment frequency | Monthly,Yearly | Single |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 12,15 and 20 years | 10 and 15 years |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | Minimum Age - 5 year |
SBI Life Smart Samriddhi Plan is a fusion of an insurance plan and a savings plan. This SBI plan offers life coverage throughout the policy tenure along with maturity benefits, which range from 143% to 229% of annual premiums, in exchange for limited-term premium payments. Along with dual benefits, it also offers guaranteed annual additions based on your premium payments. These benefits ultimately increase your maturity payment or life cover.
For premiums less than Rs 30,000, the guaranteed benefits rate is 5.5%, while for premiums greater than Rs 30,000, the rate is 6%. You can purchase this plan without a medical test. This plan is an ideal choice if you are looking for life cover along with a guaranteed lump sum to meet your financial obligations.
SBI Life New Smart Samriddhi is a versatile savings life insurance plan. We will discuss the plan in detail in the section below for more clarity and better understanding.
SBI Life New Smart Samriddhi Plan offers 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.
ChatGPT
Claude
Perplexity
