Sbi Life Smart Platina Plus
vs
Tata Aia Smart Income Plus Plan

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Sbi Life Smart Platina Plus vs Tata Aia Smart Income Plus 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 ...

Tata Aia Smart Income Plus Plan

Invest smartly with Tata AIA Smart Income Plus – secure savings, guaranteed income, and financial security. A wise man once said, 'Be ready for anything, and nothing seems more important than saving money for a brighter future. A plan like Tata AIA Life Smart Income Plus helps you grow wealth ...

PLAN DETAILS

Sbi Life Smart Platina Plus


Tata Aia Smart Income Plus Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed addition on maturity
  • Flexible income payout option
  • Limited premium payment option
  • Income/Endowment Option
  • Premium Boost Discounts
  • 2 Optional Riders
Plan Uniqueness
  • Tax Benefits
  • Loan Benefits
  • 2 Plan options
  • Different income plan options
  • Endowment options
  • Reduced paid-up policy automatically
Plan Maturity age Maximum maturity age: 99 years Min- 18 years, Max- 75 years
Premium payment term Minimum: 6 Years Maximum: 10 Years 7, 10, 12 years
Plan Entry Age Minimum entry age: 30 years Maximum entry age: 60 Years Min- 0 years, Max- 50 years
Sum assured Minimum sum assured: 5,50,000 Maximum sum assured: No Limit 11 times Annualized Premium
Premium payment frequency Yearly, Half-yearly,Monthly Monthly, Quarterly, Half-Yearly or Annually
Plan Sample Premium - Rs. 18,000 to Rs. 49,999
Plan Brochure Brochure URL Brochure URL
Policy tenure 20 years to 36 years 15 years, 21 years, and 25 years
Claim Settlement Ratio (2023-24) Minimum Age - 5 year Minimum Age - 0 year

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.