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Sbi Smart Scholar vs Retire Smart

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Sbi Smart Scholar vs Retire Smart

Sbi Smart Scholar

Give your children more than your love... Give them a lifetime of Financial Security. SBI Life Smart Scholar is an Individual, Unit Linked, Non-participating Life Insurance Policy that offers various coverages to secure the future of insured children, even in the absence of their parents. The plan l...

Retire Smart

SBI Life Retire Smart Plan is a unit-linked, non-participating pension plan that guarantees 101% of all premiums paid by the policyholder on maturity and protects your funds from market volatility. Along with life insurance cover, multiple fund options such as Equity Pension Fund, Bond Pension Fund,...

PLAN DETAILS

Sbi Smart Scholar


Retire Smart

Premium Including GST
Key Features
(Key features of the plan)
  • Explore SBI Life Smart Scholar
  • Know Its Features & Benefits
  • Check the Eligibility Criteria
  • Protection After Retirement For A Better Tomorrow
  • Guaranteed Additions Available
  • Get Tax Benefits On Premiums Paid
Plan Uniqueness
  • Financial Security
  • Loyalty Benefits
  • Grace Period
  • Guaranteed Benefits
  • Terminal Benefits
  • Advantage Option
Plan Maturity age Maximum Maturity Age - 65 years Maximum Maturity Age - 80 years
Premium payment term Single Pay or 5 to 25 Years 5/8/10/15 years
Plan Entry Age Minimum Age: 0 years; Maximum Age: 17 years Minimum Age - 30 years Maximum Age - 70 years
Sum assured Single-Premium: 1.25x premium; Limited Premium: 10x Annualized Premium Rs 1 lakh 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 8 to 25 years 10, 15, 30 years
Claim Settlement Ratio (2024-25) Minimum Age- 0 years Minimum Age- 30 year
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SBI Life Retire Smart Pension Plan

SBI Life Retire Smart Pension Plan

Know More About Plans

Give your children more than your love... Give them a lifetime of Financial Security.

SBI Life Smart Scholar is an Individual, Unit Linked, Non-participating Life Insurance Policy that offers various coverages to secure the future of insured children, even in the absence of their parents. The plan lets you avail of twin benefits: market-linked returns on invested money and a life cover to secure your child's future.

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

  • Financial Security
  • Loyalty Benefits
  • Flexibility
  • Grace Period
  • Free Look Period
  • Additional Riders

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