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Sbi Smart Elite vs Sbi Smart Champ

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Sbi Smart Elite vs Sbi Smart Champ

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...

Sbi Smart Champ

SBI Life Smart Champ Insurance plan is a participating non-linked individual life insurance plan. The product has been developed to provide life coverage along with savings to secure the educational needs of your child. SBI Smart Champ is designed to fulfill your goals as a parent. SBI Smart Champ h...

PLAN DETAILS

Sbi Smart Elite


Sbi Smart Champ

Premium Including GST
Key Features
(Key features of the plan)
  • 9 Investment Fund Choices
  • Switching Option Available
  • Surrender Policy Anytime
  • One-time payment option is available
  • Offers Guaranteed Smart Benefits
  • Get Tax Benefits on premiums Renewal Option
Plan Uniqueness
  • Death Benefits
  • Maturity Benefits
  • Fund Switching
  • Guaranteed smart benefits
  • Triple protection
  • Flexibility
Plan Maturity age Maximum Maturity Age - 65 years Maximum Maturity Age - 70 years
Premium payment term LPPT: 7/10/12 years, Single-Premium 18 minus child& 039;s entry age
Plan Entry Age Minimum Age - 18 years Maximum Age - 60 years Minimum Age - 0 years Maximum Age - 13 years
Sum assured 105% of total premiums Rs. 1 Lakh to Rs 1 Crore
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 21 minus child
Claim Settlement Ratio (2024-25) Minimum Age- 14 year Minimum Age- 0 years

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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