Smart Platina Plus

SBI Life Insurance

Claim settlement ratio – 97.09%

Critical Illness Benefit Available

Tax Benefit Amount As per prevailing tax laws

Accidental Death Benefit 100%

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Overview of SBI Life - Smart Platina Plus

For those who want to enjoy a little extra from their life insurance plans along with the income guaranteed under the plan should opt for the SBI Life Smart Platina Plus Policy. The Smart Platina Plus is a non-participating, non-linked individual savings life insurance plan, which is crafted for individuals who want the best of everything for their family, even if they are not around.

USP features of SBI Life Smart Platina Plus Plan

  • With SBI Platina Plus Plan, you can ensure the security of your family in terms of finance
  • The SBI Smart Platina Plus plan comes with the option of two income plans that can be chosen as per your requirement namely, the Guaranteed Income and the Life Income
  • Further, if the policyholder outlives the plan till maturity, he/she can avail 110% of total premium as maturity benefit at the end of the policy
  • In addition, the Smart Platina Plus Plan allows the insured the flexibility to opt for the payout period as per the set goals of your life
  • The policy allows limited premium payment options at 7,8 and 10-years term

What’s not covered under SBI Life Smart Platina Plus?

  • There are no exclusions under the SBI Life - Smart Platina Plus plan other than the suicide clause
  • If the policyholder dies due to suicide within 12 months of the policy purchase date, the nominee shall receive only 80% of the total premiums that are paid so far in case the policy is active.

Frequently asked questions

Yes, SBI Life - Smart Platina Plus allows the investor to avail tax exemptions against the premiums paid against the plan.

No, loan facility is not available under the SBI Platina Plus Plan

One can revive the SBI Platina Plus plan within 5 consecutive years from the date of its first unpaid premium payment.

SBI Life - Smart Platina Plus plan is a policy that allows guaranteed income during the Payout period along with receiving survival benefit for a year.

Age limit for SBI Platina Plus Plan is 30 Days to 60 Years.

* Tax benefits are subject to changes in tax laws.
#All savings are provided by the insurance company as per the IRDAI approved insurance plan. Standard T&C apply.