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Sbi Smart Elite
VS
Smart Life Plan
| PLAN DETAILS |
Sbi Smart Elite |
Smart Life Plan |
| 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 - 75 years |
| Premium payment term | LPPT: 7/10/12 years, Single-Premium | 6, 8, 10, 12, and 15 years |
| Plan Entry Age | Minimum Age - 18 years, Maximum Age - 60 years | Minimum Age - 3 years Maximum Age - 55 years |
| Sum assured | 105% of total premiums | Rs. 2,50,000 to No limit |
| 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 | 75 years less entry age of life insured |
| Claim Settlement Ratio (2024-25) | Minimum Age- 14 year | Minimum Age - 5 year |
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:
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