Sbi Life Smart Humsafar Plan
vs
Retire Smart

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  • Multiple sum assured options
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Sbi Life Smart Humsafar Plan vs Retire Smart

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...

Retire Smart

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 Pensi...

PLAN DETAILS

Sbi Life Smart Humsafar Plan


Retire Smart

Premium Including GST
Key Features
(Key features of the plan)
  • Joint life plan
  • Waiver of premiums
  • Participation in profits
  • Protection After Retirement For Better Tomorrow
  • The Plan Offers Guaranteed Additions Available
  • Get The Tax Benefit On Premium Paid
Plan Uniqueness
  • Participation in profits
  • Waiver of premiums
  • Tax Benefits
  • Guaranteed Benefits
  • Terminal Benefits
  • Advantage Option
Plan Maturity age Maximum maturity age: 65 years Maximum Maturity Age - 80 years
Premium payment term Same as the policy term 5/8/10/15 years
Plan Entry Age Minimum entry age: 30 years Maximum entry age: 60 Years Minimum Age - 30 years Maximum Age - 70 years
Sum assured Minimum sum assured: 1 Lakh Maximum sum assured: 5 Crores Rs 1 lakh 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 10, 15, 30 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age- 30 year

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.