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Sbi Smart Elite vs Hdfc Pro Growth Plus

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Sbi Smart Elite vs Hdfc Pro Growth Plus

Sbi Smart Elite

SBI Insurance company has been serving the finest insurance products to their customers, such as life insurance, health insurance, motor insurance, or travel insurance. SBI Life Insurance Company has launched a new life insurance plan named SBI Life Smart Elite Plan that provides financial protectio...

Hdfc Pro Growth Plus

HDFC Life ProGrowth Plus is a unit-linked insurance and regular premium plan where the premium is invested in the market, thus providing good returns along with various benefits. This plan offers the flexibility to choose investment funds and regular premiums. The company invests your regular premiu...

PLAN DETAILS

Sbi Smart Elite


Hdfc Pro Growth Plus

Premium Including GST
Key Features
(Key features of the plan)
  • 9 Investment Fund Choices
  • Switching Option Available
  • Surrender Policy Anytime
  • Flexibility to Invest in Funds
  • Regular Premiums
  • Sample Premium Rates
Plan Uniqueness
  • Death Benefits
  • Maturity Benefits
  • Fund Switching
  • Partial withdrawals
  • Redirection of Premium
  • Switching
Plan Maturity age Maximum Maturity Age - 65 years Maximum Maturity Age - 75 years
Premium payment term LPPT: 7/10/12 years, Single-Premium 10 to 30 years
Plan Entry Age Minimum Age - 18 years Maximum Age - 60 years Minimum Age - 14 years Maximum Age - 65 years
Sum assured 105% of total premiums Higher of 10 x annualized premium or 0.5 x policy term x annualized premium
Premium payment frequency Annual, half-yearly, quarterly & monthly Annual, half-yearly, quarterly & monthly
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 5 to 30 years 10 to 30 years
Claim Settlement Ratio (2024-25) Minimum Age- 14 year Minimum Age- 14 year

Know More About Plans

SBI Insurance company has been serving the finest insurance products to their customers, such as life insurance, health insurance, motor insurance, or travel insurance. SBI Life Insurance Company has launched a new life insurance plan named SBI Life Smart Elite Plan that provides financial protection for your better tomorrow.

SBI Smart Elite Policy is a unit-linked and non-participating insurance plan that provides life cover along with investment growth. The plan provides flexibility to pay premiums for limited-term or a single premium, thus offering protection for the long term. This ULIP has been crafted for High Net Worth Individuals.

SBI Smart Elite Plan offers you a range of benefits including:

why-choose
  • Flexibility to pay premiums for 7, 10, or 12 years
  • Accidental Death and Accidental Total and Permanent Disability Benefit
  • Free look period of 15 days
  • Tax Benefits
  • Life Insurance Coverage
  • Switching Option

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