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Sbi Smart Elite
VS
Sbi Smart Scholar
| PLAN DETAILS |
Sbi Smart Elite |
Sbi Smart Scholar |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
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| Plan Uniqueness |
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| Plan Maturity age | Maximum Maturity Age - 65 years | Maximum Maturity Age - 65 years |
| Premium payment term | LPPT: 7/10/12 years, Single-Premium | Single Pay or 5 to 25 Years |
| Plan Entry Age | Minimum Age - 18 years Maximum Age - 60 years | Minimum Age - 0 years Maximum Age - 17 years |
| Sum assured | 105% of total premiums | Single-Premium: 1.25x premium; Limited Premium: 10x 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 | 8 to 25 years |
| Claim Settlement Ratio (2024-25) | Minimum Age- 14 year | Minimum Age- 0 years |
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:
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