Sbi Life Smart Humsafar Plan
vs
Lic Hindi

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Sbi Life Smart Humsafar Plan vs Lic Hindi

Sbi Life Smart Humsafar Plan

SBI Life Smart Humsafar Plan is an insurance cum savings plan that provides you with dual benefits of protection along with saving benefits. It is a joint life insurance plan that covers you and your spouse under a single policy. You can choose the sum assured ranging from Rs 1 lakh to Rs 5 crores a...

Lic Hindi

LIC Nivesh Plus is a unit-linked, non-participating, and single-premium individual life insurance plan. It offers insurance cum investment benefits that help you to stay protected and earn great returns. The plan allows the insured to monetize the investment opportunities associated with the stock m...

PLAN DETAILS

Sbi Life Smart Humsafar Plan


Lic Hindi

Premium Including GST
Key Features
(Key features of the plan)
  • Joint life plan
  • Waiver of premiums
  • Participation in profits
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Participation in profits
  • Waiver of premiums
  • Tax Benefits
  • Partial Withdrawals
  • Switches
  • Guaranteed Additions
Plan Maturity age Maximum maturity age: 65 years Maximum Maturity Age - 85 years
Premium payment term Same as the policy term 10 to 25 years
Plan Entry Age Minimum entry age: 30 years Maximum entry age: 60 Years Minimum Age - 90 days Maximum Age - 70 years
Sum assured Minimum sum assured: 1 Lakh Maximum sum assured: 5 Crores Rs 1 lakhs to No limit
Premium payment frequency Monthly, Quarterly, Half-yearly, and Yearly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 10 to 30 years Minimum term - 10 years Maximum term - 25 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62

Know More About Plans

Overview

SBI Life Smart Humsafar Plan is an insurance cum savings plan that provides you with dual benefits of protection along with saving benefits. It is a joint life insurance plan that covers you and your spouse under a single policy.

You can choose the sum assured ranging from Rs 1 lakh to Rs 5 crores as per your financial requirements.

SBI Life Humsafar is a versatile savings plan life insurance plan. We will read the plan in detail in the section below for more clarity and better understanding.

SBI Life Humsafar Plan offers you a range of benefits including:

why-choose
  • Maturity benefits on survival
  • Tax Benefits
  • Waiver of premiums
  • Policy Loan
  • Larger Discounts
  • Policy Revival

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Bijender Singh

Reviewed By: Bijender Singh

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.