Sbi Life Smart Lifetime Saver
vs
Smart Life Plan

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Sbi Life Smart Lifetime Saver vs Smart Life 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...

Smart Life Plan

Kotak SmartLife is a non-linked, participating life insurance plan. It provides an option to get cash bonus payouts from the end of the 1st policy year to look after immediate financial needs. Policyholders can use such bonuses to take care of their families in their absence. Kotak SmartLife Pl...

PLAN DETAILS

Sbi Life Smart Lifetime Saver


Smart Life Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Whole life cover
  • Guaranteed regular income
  • Rider benefits
  • Explore All about Kotak SmartLife Insurance
  • Understand the Key Features & Benefits
  • Check Eligibility Criteria
Plan Uniqueness
  • Whole life cover
  • Guaranteed survival income
  • Tax benefits
  • Comprehensive Protection
  • Survival Benefit
  • Maturity benefit
Plan Maturity age Maximum maturity age: 100 years Maximum Maturity Age - 75 years
Premium payment term 10/12/15 Years 6, 8, 10, 12, and 15 years
Plan Entry Age Minimum age: 90 Days Maximum age: 55 Years Minimum Age - 3 years Maximum Age - 55 years
Sum assured Minimum sum assured: 30,000 Maximum sum assured: No Limit Rs. 2,50,000 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 75 years less entry age of life insured
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 5 year

Know More About Plans

Overview

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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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.