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Sbi Life Smart Lifetime Saver
VS
Guaranteed Monthly Income Plan
| PLAN DETAILS |
Sbi Life Smart Lifetime Saver |
Guaranteed Monthly Income Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum maturity age: 100 years | Maximum Maturity Age- 67 years |
| Premium payment term | 10/12/15 Years | 5 to 12 years |
| Plan Entry Age | Minimum age: 90 Days Maximum age: 55 Years | Minimum Age - 6 years Maximum Age - 13 years |
| Sum assured | Minimum sum assured: 30,000 Maximum sum assured: No Limit | 11 times the Annualized Premiums |
| Premium payment frequency | Yearly, Half-yearly, Monthly | Annual, half-yearly, quarterly & monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | 100 minus Age at Entry | 5 to 12 years |
| Claim Settlement Ratio (2024-25) | Minimum Age - 5 year | Minimum Age - 0 year |
SBI Life Smart Lifetime Saver is a non-participating Whole Life Insurance plan. It offers dual benefits of insurance & saving under the same policy. This plan will pay regular guaranteed and non-guaranteed income through cash bonuses.
SBI Life Smart Lifetime Saver 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 Smart Lifetime Saver Plan offers you a range of benefits including:
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