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Sbi Smart Scholar
VS
Retire Smart
| PLAN DETAILS |
Sbi Smart Scholar |
Retire Smart |
| 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 - 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 |
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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 myriad coverages to secure the future of the insured children even in the absence of their parents. The plan lets you avail of twin benefits of market-linked returns on the invested money and a life cover to secure your child's future.
SBI Smart Scholar Plan offers you a range of benefits including:
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