Sbi Smart Wealth Builder
vs
Sbi Smart Scholar

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Sbi Smart Wealth Builder vs Sbi Smart Scholar

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 ...

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 myriad coverages to secure the future of the insured children even in the absence of their parents. The plan...

PLAN DETAILS

Sbi Smart Wealth Builder


Sbi Smart Scholar

Premium Including GST
Key Features
(Key features of the plan)
  • Guaranteed Bonus During Policy Term
  • Free Look Period of 15 Days
  • 1 Free Partial Withdrawal
  • Explore SBI Life Smart Scholar
  • Know its Features & Benefits
  • Check the Eligibility Criteria
Plan Uniqueness
  • Death Benefits
  • Maturity Benefits
  • Guaranteed Additions
  • Financial Security
  • Loyalty Benefits
  • Grace Period
Plan Maturity age Maximum Maturity Age - 70 years Maximum Maturity Age - 65 years
Premium payment term 5 to 30 years Single Pay or 5 to 25 Years
Plan Entry Age Minimum Age - 7 years Maximum Age - 55 years Minimum Age - 0 years Maximum Age - 17 years
Sum assured 10 X Annualized Premium Single-Premium: 1.25x premium; Limited Premium: 10x 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 8 to 25 years
Claim Settlement Ratio (2023-24) Minimum Age- 14 year Minimum Age- 0 years

Know More About Plans

Overview

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 such as higher education for your children, marriage, buying a house, travel, etc.

With SBI Life Smart Wealth Builder one can build a financial corpus and can easily fulfill his/her long-term financial goals. Continue reading to explore more about the plan.

SBI Life Smart Wealth Builder 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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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.