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Sbi Life Smart Platina Plus vs Lic Jeevan Umang

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Sbi Life Smart Platina Plus vs Lic Jeevan Umang

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 ...

Lic Jeevan Umang

LIC Jeevan Umang (Plan No: 945) is a conventional, with-profit, non-linked endowment plan with complete life insurance coverage. The policy provides the needful coverage at regular payout from the end of the premium payment term until the date of your survival. After completing the policy tenure or ...

PLAN DETAILS

Sbi Life Smart Platina Plus


Lic Jeevan Umang

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed addition on maturity
  • Flexible income payout option
  • Limited premium payment option
  • Affordable Premiums
  • Tax Benefits
  • Flexible Policy Tenure
Plan Uniqueness
  • Tax Benefits
  • Loan Benefits
  • 2 Plan options
  • Death Benefits
  • Maturity Benefits
  • Loan on Policy
Plan Maturity age Maximum maturity age: 99 years Maximum Maturity Age - 100 years
Premium payment term Minimum: 6 Years Maximum: 10 Years 15 to 30 years
Plan Entry Age Minimum entry age: 30 years Maximum entry age: 60 Years Minimum Age - 90 days Maximum Age - 55 years
Sum assured Minimum sum assured: 5,50,000 Maximum sum assured: No Limit Rs 2 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 20 years to 36 years 100 Minus Age at Entry
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%
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LIC Jeevan Umang Plan No. 945 Details

LIC Jeevan Umang Plan No. 945 Details

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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