Sbi Smart Scholar
vs
Smart Life Plan
- Choose your coverage tenure
- Multiple sum assured options
- Enhance coverage with add-ons
| PLAN DETAILS |
 Sbi Smart Scholar |
 Smart Life Plan |
| Premium Including GST | ||
| Key Features (Key features of the plan) |
|
|
| Plan Uniqueness |
|
|
| Plan Maturity age | Maximum Maturity Age - 65 years | Maximum Maturity Age - 75 years |
| Premium payment term | Single Pay or 5 to 25 Years | 6, 8, 10, 12, and 15 years |
| Plan Entry Age | Minimum Age - 0 years Maximum Age - 17 years | Minimum Age - 3 years Maximum Age - 55 years |
| Sum assured | Single-Premium: 1.25x premium; Limited Premium: 10x Annualized Premium | 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 | 8 to 25 years | 75 years less entry age of life insured |
| Claim Settlement Ratio (2023-24) | Minimum Age- 0 years | Minimum Age - 5 year |
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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