Sbi Life Smart Platina Plus
vs
Lic Pradhan Mantri

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Sbi Life Smart Platina Plus vs Lic Pradhan Mantri

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 Pradhan Mantri

Pradhan Mantri Vaya Vandana Yojana is a single premium payment pension plan. This pension plan offers an option to either choose the amount of pension or the purchase price. The all-new Pradhan Mantri Vaya Vandana Yojana was launched on 4th May 2017. It is a government-subsidized pension scheme that...

PLAN DETAILS

Sbi Life Smart Platina Plus


Lic Pradhan Mantri

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
  • Pension Payment
Plan Maturity age Maximum maturity age: 99 years Maximum Maturity Age - Whole life
Premium payment term Minimum: 6 Years Maximum: 10 Years Depends on the policy tenure
Plan Entry Age Minimum entry age: 30 years Maximum entry age: 60 Years Minimum Age - 60 years Maximum Age - No limit
Sum assured Minimum sum assured: 5,50,000 Maximum sum assured: No Limit N/A
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 10 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year 98.62

Know More About Plans

Overview

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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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.