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Sbi Life Smart Lifetime Saver vs Kotak Single Invest Plus Plan

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Sbi Life Smart Lifetime Saver vs Kotak Single Invest Plus Plan

Sbi Life Smart Lifetime Saver

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 lif...

Kotak Single Invest Plus Plan

Invest once or get benefits for life with the Kotak Single Invest Plus Plan Kotak Single Invest Plus Plan is a single-pay unit-linked insurance plan that offers dual benefits: protection and savings. You make a one-time premium payment and enjoy the benefits throughout the policy term while staying ...

PLAN DETAILS

Sbi Life Smart Lifetime Saver


Kotak Single Invest Plus Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Whole life cover
  • Guaranteed regular income
  • Rider benefits
  • Choice of Fund Options
  • Loyalty Additions
  • In-built Joint Life Cover
Plan Uniqueness
  • Whole life cover
  • Guaranteed survival income
  • Tax benefits
  • Single payment- long-term coverage
  • Joint life cover feature
  • Advantage of loyalty additions
Plan Maturity age Maximum maturity age: 100 years Upto 67 years
Premium payment term 10/12/15 Years 10 years
Plan Entry Age Minimum age: 90 Days Maximum age: 55 Years Min- 3 years, Max- 52 years
Sum assured Minimum sum assured: 30,000 Maximum sum assured: No Limit 10 times of the Single Premium
Premium payment frequency Yearly, Half-yearly, Monthly Quarterly, Half-yearly, Annually
Plan Sample Premium - Min - : ₹300000, Max - : No Limit
Plan Brochure Brochure URL Brochure URL
Policy tenure 100 minus Age at Entry 10 and 15 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

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:

why-choose
  • Whole life cover
  • Tax Benefits
  • Flexibility
  • Guaranteed survival income
  • Rider benefits 
  • Hassle-free process

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