- SBI Insurance company has been serving the finest insurance plans to us, be it life insurance, health insurance, motor insurance or travel insurance.
- SBI Life Insurance Company cares for you and your loved ones, so it has launched a new life insurance plan named SBI Life Smart Elite Plan. There are two plan options available under SBI Smart Elite Policy.
- Gold Option
- Platinum Option
- Annual Premium Range
- Minimum 18 years
- 55 years for Limited Premium Term
- 60 years for Single Premium Payment
- The plan provides death benefits to the beneficiary in the case of death of the insured as per the chosen plan option.
- Maturity benefits are provided under the plan on the completion of the term of the policy.
- Survival benefits are provided to the insured in case he outlives the policy term period.
- The plan comes with a single premium payment option. You can also pay the premium for 7 years/10 years/12 years and get the benefits for the desired policy term.
- The fund value enhances from the 6th policy year onwards as there are no premium allocation charges applicable.
- You get the freedom to invest in a wide range of funds.
- You get the benefit to pilot your investments. You can switch among the funds to get better maturity output.
- Rider facilities are available under the SBI Life Smart Elite Policy.