Arogya Shield Plan vs Smart Total Elite Protection Plan Term Insurance Plan 2026 | PolicyX

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SBI Life Arogya Shield is a health-plus life combination plan from SBI General Insurance and SBI Life Insurance that offers health and pure term life cover under a single plan. The policy grants security for your family with a standard term plan at an affordable cost. Arogya Sheid offers cashless claims for health coverage and an additional discount of 5% on premiums. The company has designed a brilliant plan that is uncomplicated and has the benefit of both worlds i.e. life and health insurance. 

SBI Life Arogya Shield Plan offers you a range of benefits including:

  • Pure Term Life Cover
  • Cashless Claims
  • Tax Benefits As Per Laws
  • Large Sum Assured Discounts
  • Health Cover
  • Hospitalization Cover
PLAN DETAILS

Arogya Shield Plan

Smart Total Elite Protection Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Combination Plan
  • Hospitalization Cover
  • Discount on Premiums
  • Cover continuous benefit
  • Terminal illness cover
  • Early exit benefit
Plan Maturity age Maximum Maturity Age - 70 years Maximum Maturity Age - 85 years
Plan Sum Assured Basic Sum Assured: ₹20L to ₹2.5 Cr Base sum assured: 20 lakhs to no limit.
Plan Entry Age Minimum Age - 18 years Maximum Age - 65 years Minimum Age - 18 years Maximum Age - 65 years
Plan Payment modes Yearly and Monthly Annual, half-yearly, quarterly & monthly
Plan Policy loan The policy loan is not available under SBI Life Arogya Shield Plan. The policy loan is not available under Smart Total Elite Protection Plan.
Plan Sample Premium Rs 503-/ per month Rs 605/- per month
Plan Brochure Brochure URL Brochure URL
Policy Term Minimum term - 5 years Maximum term - 40 years Minimum term - 10 years Maximum term - 67 years
Claim Settlement Ratio (2024-25) 98.83% 99.78
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* The above sample premiums are for a 30-year-old male, nonsmoker with a sum assured of Rs 50 lakhs and a policy tenure of 25 years. You can calculate the premiums for the above term insurance plans using the PolicyX Term Insurance Calculator.

Riders

Riders You Can Avail With Axis Max Life Smart Total Elite Protection Plan

You can add the following riders to your Axis Max Life STEP plan:

Axis Max Life Waiver of Premium Plus Rider

Axis Max Life Waiver of Premium Plus rider supports the insurer and their family by waiving off all future premiums of the term plan in case of the occurrence of any of the following events: Critical Illness or Permanent Disability.

Axis Max Life Critical Illness and Disability Rider

Under the critical illness rider, the policyholder receives an additional sum assured along with the base sum assured of the policy in case of diagnosis of any 40 listed critical diseases.

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