Product Information
Saving And Investment Plans SBI Life - Flexi Smart Plus
SBI Life - Flexi Smart Plus is Individual, Participating, Variable Insurance Product, which helps you in fulfilling your dreams. It also gives you flexibility to adapt to your ever-changing needs, while assuring guaranteed benefits to take care of your savings.


  • Guaranteed Minimum Bonus Interest rate(Conditions apply*) A minimum bonus interest rate of 1.00% p.a. is guaranteed for the whole term.
  • Interim bonus interest rate# An Interim bonus interest rate will be declared at the beginning of each financial year which will apply to the policies exiting during the financial year.
  • Regular Bonus Interest rate Regular Bonus interest rate will be declared at the end of every financial year.
  • Terminal Bonus Interest rate Terminal bonus interest rate may be credited to your policy account at the time of exit on account of maturity, death or surrender.
  • Two Protection option available: Gold Option and Platinum Option
  • Partial withdrawals are allowed from the 6th policy year to cater to your liquidity needs.
  • Flexibility to increase or decrease your chosen Sum assured
  • Flexibility to increase your chosen policy term
Age^ at Entry Min: 18 years
Max: 60 years
Age^ at Maturity Min: 23 years
Max: 65 years
Sum Assured Basic Sum Assured = Annualised Basic Premium × SAMF
Policy Term Min: 5 years
Max: 30 years
Premium Paying Term Same as policy term
Premium Frequency Yearly / Half-yearly / Quarterly / Monthly