Sbi Smart Bachat
vs
Smart Life Plan
- Choose your coverage tenure
- Multiple sum assured options
- Enhance coverage with add-ons
| PLAN DETAILS |
 Sbi Smart Bachat |
 Smart Life Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Uniqueness |
|
|
| Plan Maturity age | Maximum Maturity Age - 65 years | Maximum Maturity Age - 75 years |
| Premium payment term | 7/10/15 years | 6, 8, 10, 12, and 15 years |
| Plan Entry Age | Minimum Age - 3 years Maximum Age - 50 years | Minimum Age - 3 years Maximum Age - 55 years |
| Sum assured | Rs 2 lakh to No limit | Rs. 2,50,000 to No limit |
| Premium payment frequency | Annual, half-yearly, quarterly & monthly | Annual, half-yearly, quarterly & monthly |
| Plan Sample Premium | - | - |
| Plan Brochure | Brochure URL | Brochure URL |
| Policy tenure | Minimum term - 15 years Maximum term - 30 years | 75 years less entry age of life insured |
| Claim Settlement Ratio (2023-24) | Minimum Age - 5 year | Minimum Age - 5 year |
Save yourself and your family from the rising inflation with SBI Life Smart Bachat. It is important to plan for future savings and expenses wisely while considering the present inflation rate. And what could be better than investing in a plan that helps you save enough to fulfill your long-term financial goals? SBI Life Smart Bachat is one such plan. It is an individual, non-linked, and participating life insurance savings product. SBI Life Smart Bachat is available in two plan types i.e. Endowment plan and Endowment plan with Accidental Death and Total Permanent Disability Benefit. The plan comes out with the Limited Premium Paying Term (LPPT) option, designed to keep the obligation of paying the premium over a long tenure at bay.
SBI Life Smart Bachat Plan offers you a range of benefits including:
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