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Sbi Life Smart Platina Plus vs Lic New Endowment

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Sbi Life Smart Platina Plus vs Lic New Endowment

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 New Endowment

LIC New Endowment Plan-one of the best policy by LIC India. The LIC New Endowment plan (Plan No: 914) is a must-avail plan considering the many benefits it offers to the customer. It is a non-linked life insurance policy that offers guaranteed returns and bonuses. The policy offers a great bandwidth...

PLAN DETAILS

Sbi Life Smart Platina Plus


Lic New Endowment

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
  • Survival Benefits
Plan Maturity age Maximum maturity age: 99 years Maximum Maturity Age - 75 years
Premium payment term Minimum: 6 Years Maximum: 10 Years Same as policy term
Plan Entry Age Minimum entry age: 30 years Maximum entry age: 60 Years Minimum Age - 8 years Maximum Age - 55 years
Sum assured Minimum sum assured: 5,50,000 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 20 years to 36 years Minimum term - 12 years Maximum term - 35 years
Claim Settlement Ratio (2024-25) Minimum Age - 5 year 98.5%
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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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