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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 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 Wealth Builder

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

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 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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