Saving And Investment Plans
SBI Life - Smart Swadhan Plus
Smart Swadhan Plus, an Individual Non-linked Non-participating Term Assurance with Return of Premium Plan, to meet your need of insurance, with the added advantage of getting your total basic premiums^ paid back on Maturity, provided the policy is in-force.
- Protection - Life insurance coverage against any eventuality
- 100% Return of Premiums - In case of survival till maturity, returns Total Basic Premiums^ Paid under the Policy.
- Option to pay premiums through a single payment or for a limited period (5, 10, 15 years) or throughout the policy term.
- Flexibility to choose the period for which you want protection. You can choose from policy term 10 years to 30 years.
- High Sum Assured Rebate - Get Discount on premium rates, for customers opting for higher level of protection
- Get Section 80C benefit on your premiums paid, as well as Section 10(10D) benefit on the maturity amount, subject to conditions.
|Age at Entry
||Min: 18 years
Max: 65 years
|Maximum Age at Maturity
|Sum Assured (in multiples of Rs. 1000)
Max: No Limit
||Min: 10 years
Max: 30 years
|Premium Payment Options
||5 Plan Types:
Single Premium (SP)
Limited Premium Payment Term
Regular Premium (RP)
|Premium Paying Term (PPT)
Single payment, 5 years, 10 years, 15 years and Same as policy term