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Sbi Smart Elite vs Sbi Smart Wealth Builder

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Sbi Smart Elite vs Sbi Smart Wealth Builder

Sbi Smart Elite

SBI Life Insurance Company offers a range of insurance products, including life, health, motor, and travel insurance. The SBI Life Smart Elite Plan is a new life insurance offering designed to provide financial protection for your future.The SBI Smart Elite Policy is a unit-linked, non-participating...

Sbi Smart Wealth Builder

SBI Life Smart Wealth Builder is an individual, unit-linked, and non-participating life insurance plan. It offers a dual benefit of insurance and investment. The plan provides a guaranteed bonus at different stages during the policy tenure. It is specifically designed for achieving life goals such a...

PLAN DETAILS

Sbi Smart Elite


Sbi Smart Wealth Builder

Premium Including GST
Key Features
(Key features of the plan)
  • 9 Investment Fund Choices
  • Switching Option Available
  • Surrender Policy Anytime
  • Guaranteed Bonus During Policy Term
  • Free Look Period of 15 Days
  • 1 Free Partial Withdrawal
Plan Uniqueness
  • Death Benefits
  • Maturity Benefits
  • Fund Switching
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions
Plan Maturity age Maximum Maturity Age - 65 years Maximum Maturity Age - 70 years
Premium payment term LPPT: 7/10/12 years, Single-Premium 5 to 30 years
Plan Entry Age Minimum Age - 18 years, Maximum Age - 60 years Minimum Age - 7 years Maximum Age - 55 years
Sum assured 105% of total premiums 10 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 5 to 30 years
Claim Settlement Ratio (2024-25) Minimum Age- 14 year Minimum Age- 14 year

Know More About Plans

SBI Life Insurance Company offers a range of insurance products, including life, health, motor, and travel insurance. The SBI Life Smart Elite Plan is a new life insurance offering designed to provide financial protection for your future.

The SBI Smart Elite Policy is a unit-linked, non-participating insurance plan that combines life cover with investment growth. It offers flexibility to pay premiums for a limited term or as a single premium, providing long-term protection. This ULIP is specifically designed for High Net Worth Individuals.

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

  • 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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