Product Information
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 75 years
Sum Assured (in multiples of Rs. 1000) Min: Rs.5,00,000
Max: No Limit
Policy Term Min: 10 years
Max: 30 years
Premium Payment Options 5 Plan Types:
Single Premium (SP)
Limited Premium Payment Term (LPPT) -5
Regular Premium (RP)
Premium Paying Term (PPT) Single payment, 5 years, 10 years, 15 years and Same as policy term