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Sbi Life Smart Platina Plus vs Fixed Maturity Plan

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Sbi Life Smart Platina Plus vs Fixed Maturity Plan

Sbi Life Smart Platina Plus

SBI Life Smart Platina Plus is a comprehensive, non-linked, non-participating individual life insurance savings product offered by SBI Life Insurance. This plan provides the dual benefit of life insurance and a guaranteed regular income option. It features flexible premium payment terms of 6,7,8,10 ...

Fixed Maturity Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from fin...

PLAN DETAILS

Sbi Life Smart Platina Plus


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed addition on maturity
  • Flexible income payout option
  • Limited premium payment option
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Tax Benefits
  • Loan Benefits
  • 2 Plan options
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age Maximum maturity age: 99 years 70 years
Premium payment term Minimum: 6 Years Maximum: 10 Years Single, Limited, Regular
Plan Entry Age Minimum entry age: 30 years Maximum entry age: 60 Years 8 years
Sum assured Minimum sum assured: 5,50,000 Maximum sum assured: No Limit Rs. 15000- no limit
Premium payment frequency Yearly, Half-yearly,Monthly Single, Limited, Regular
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 20 years to 36 years Minimum-5 to Maximum-10 years.
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.65%
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Know More About Plans

SBI Life Smart Platina Plus is a comprehensive, non-linked, non-participating individual life insurance savings product offered by SBI Life Insurance. This plan provides the dual benefit of life insurance and a guaranteed regular income option. It features flexible premium payment terms of 6,7,8,10 years, along with assured returns at maturity of 110% of the total premiums paid.

The SBI Life Smart Platina Plus plan comes with two different plan options: Life income and Guaranteed Income

SBI Life Smart Platina Plus 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 Platina Plus Plan offers you a range of benefits including:

why-choose
  • Flexible premium payment
  • Tax Benefits
  • Life Income
  • Policy Loan
  • Available for online sales only
  • Guaranteed Income

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