SBI Investment Plans
SBI Smart Money Back Gold is an investment plan by SBI Life that offer ...Read More
A quick read on what this SBI Investment Plans term plan covers and why it might be a fit for you.
Your family depends on you. Provide them with the life you've dreamt of. With SBI Life Smart Money Back Gold, invest your money and get higher returns in the future.
SBI Life Smart Money Back Gold is a non-linked, participating life insurance savings plan. It offers life cover and cash inflows at regular intervals to deal with your financial requirements at important stages of life. With this policy, you can plan for all the special moments of your life, be it a wedding, having kids, their education, and much more. The plan offers a wide range of features that safeguard your family and meet financial needs at the same time.
SBI Smart Money Back Gold Plan offers a range of benefits including:
Let's understand how the SBI Smart Money Back Plan works with a simple premium illustration.
Mr. Verma is looking for an investment plan to create long-term wealth.
His financial advisor advised him to buy the SBI Smart Money Back Gold Plan. He visited PolicyX.com
Let's understand how the SBI Smart Money Back Gold Plan works for him with a premium illustration table.
| Age of policyholder | Annual Premium | PPT | Policy tenure | Sum Assured | Maturity Benefits |
| 30 years | Rs 1,68,840 | 8 years | 15 years | Rs 20,00,000 | Rs 27,52,000 |
Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 27,52,000 are paid to the policyholder.
There are various benefits to buying the SBI Smart Money Back Gold Plan. Let's understand each of them in detail:
Key features that make SBI Smart Money Back Gold stand out.
Three Money-back Options
The plan offers three money-back options to assist the insured with different requirements at various stages of life.
Policy Loan Facility
If you need financial support in case of any emergency, the plan will allow you to avail a loan equivalent to 90% of the surrender value.
Convenience
It offers the flexibility to choose the premium payment term: single, regular, or limited.
Surrender Value
The plan will offer a paid-up and/or surrender value only if premiums (for regular/limited premium options) have been paid for at least 2 consecutive years.
Keep these documents handy when applying for SBI Smart Money Back Gold.
Photo ID Proof
Photo ID Proof (any one of the following) - Passport, Aadhaar card, PAN card, Driving License.
Age Proof
Age Proof (any one of the following) - Passport, Aadhaar card, PAN card, Driving License.
Address Proof
Address Proof (any one of the following) - Utility Bill, Passport, Voter ID, Ration Card.
Medical Records
Medical records of the policyholder (if requested).
Income Proof
Income Proof (any one of the following) - Bank Statement, last three months' salary slips (for salaried individuals).
Here are the key features of the SBI Smart Money Back Gold.
| What's Good Here | What's Missing |
| Maturity Benefits | Premium Offset |
| Death Benefits | High Sum Assured Rebate |
| Policy Loan Facility | Auto Cover Continuance |
| Survival Benefit | Top-up Premium |
If you are looking for an investment plan that offers guaranteed returns for you and your family, consider the SBI Smart Money Back Gold Plan, which offers guaranteed benefits.
For more information about this plan, you can visit PolicyX.com, or call us at 1800 - 420 - 0269. Our insurance experts can help you find the best solution for your unique needs.
The 5 most-asked questions about SBI Smart Money Back Gold, answered.
PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
Select a company and plan for each side to see a detailed side-by-side comparison.
Rated by 917 customers
Select Your Rating
Let us know about your experience or any feedback that might help us serve you better in future.
Do you have any thoughts you'd like to share?
5-min consultation · No spam · No pushy sales
ChatGPT
Claude
Perplexity