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Sbi Life Smart Lifetime Saver vs Lic Premium Endowment

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Sbi Life Smart Lifetime Saver vs Lic Premium Endowment

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...

Lic Premium Endowment

This plan has double roles to play. Firstly, this plan is applicable for safeguarding a family after the untimely death of the policyholder. Secondly, after maturity, it provides a handsome amount of money to the policyholder. After the end of each year, this policy has to offer a bonus amount which...

PLAN DETAILS

Sbi Life Smart Lifetime Saver


Lic Premium Endowment

Premium Including GST
Key Features
(Key features of the plan)
  • Whole life cover
  • Guaranteed regular income
  • Rider benefits
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Whole life cover
  • Guaranteed survival income
  • Tax benefits
  • Death Benefits
  • Maturity Benefits
  • Bonuses
Plan Maturity age Maximum maturity age: 100 years Maximum Maturity Age - 75 years
Premium payment term 10/12/15 Years Single Premium
Plan Entry Age Minimum age: 90 Days Maximum age: 55 Years Minimum Age - 30 days Maximum Age - 65 years
Sum assured Minimum sum assured: 30,000 Maximum sum assured: No Limit Rs 1 lakh to No limit
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 10 to 25 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%

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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