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Sbi Life Smart Lifetime Saver vs Lic Single Premium Endowment

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Sbi Life Smart Lifetime Saver vs Lic Single 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 Single Premium Endowment

It is a traditional endowment with death and maturity benefits to the policyholder. Even a bonus facility is given along. In this plan, the premium is paid in the starting which is paid in a lump sum amount. It serves the investment purpose and even secures you if you face an untimely demise. There ...

PLAN DETAILS

Sbi Life Smart Lifetime Saver


Lic Single 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
  • Policy Loan
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 - 90 days Maximum Age - 65 years
Sum assured Minimum sum assured: 30,000 Maximum sum assured: No Limit Rs 50,000 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 Minimum- 10 years Maximum-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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