SBI Life – Smart Platina Assure

Guaranteed Returns with Life Insurance Protection

SBI Life – Smart Platina Assure is an Individual, Non-Linked, Non-Participating Life Insurance Savings Plan that offers guaranteed returns along with life insurance protection. With a limited premium payment term and assured maturity benefits, this plan is ideal for individuals looking for safe, disciplined, and guaranteed long-term savings.

Key Highlights

• Guaranteed returns with life insurance protection
• Guaranteed Additions accrued every policy year
• Pay premiums for only 7 or 10 years
• Choose a 15-year or 20-year policy term
• Limited premium payment with long-term benefits
• Monthly or Yearly premium payment options
• Optional SBI Life Accident Benefit Rider
• Tax benefits as per prevailing Income Tax laws

Why Choose SBI Life – Smart Platina Assure?

Guaranteed Savings

Build a guaranteed financial corpus with assured maturity benefits, making it suitable for long-term financial planning.

Life Insurance Protection

Enjoy life cover throughout the policy term, ensuring financial security for your loved ones.

Guaranteed Additions

Boost your maturity benefit with Guaranteed Additions credited at the end of every policy year.

• 4.55% p.a. for eligible lower premium slabs
• 5.05% p.a. for eligible higher premium slabs

(The applicable rate depends on the annualized premium and policy terms.)

Limited Premium Payment

Pay premiums for only 7 or 10 years, while enjoying policy benefits for 15 or 20 years, depending on the option chosen.

Plan Features

• Individual Non-Linked, Non-Participating Savings Plan
• Guaranteed maturity benefits
• Guaranteed Additions every policy year
• Life insurance protection
• Limited premium payment options
• Flexible premium payment frequency
• Optional Accident Benefit Rider
• Tax-saving benefits under applicable laws

Maturity Benefit

On survival until the end of the policy term, you receive:

• Basic Sum Assured (Guaranteed Sum Assured on Maturity), plus
• Accrued Guaranteed Additions

provided all due premiums have been paid and the policy is in force.

Death Benefit

In the unfortunate event of the Life Assured's death during the policy term, the nominee receives the applicable Death Benefit as specified in the policy contract, ensuring financial protection for the family.

Premium Payment Options

Choose the payment frequency that suits your convenience:

• Yearly
• Monthly

Premium payment terms:

• 7 Years
• 10 Years

Optional Rider

Enhance your protection with:

• SBI Life Accident Benefit Rider
  • Accidental Death Benefit
  • Accidental Partial Permanent Disability Benefit

(Available subject to policy terms and eligibility.)

Who Should Buy This Plan?

This plan is ideal for:

• Salaried professionals
• Business owners
• Parents planning for future expenses
• Individuals seeking guaranteed returns
• Conservative investors looking for stable savings with life insurance
• Anyone planning for long-term financial goals

Benefits at a Glance

Documents Required

• Aadhaar Card
• PAN Card
• Identity Proof
• Address Proof
• Income Proof (if applicable)
• Passport-size Photograph
• Medical reports (if required)

Why Buy Through Us?

• Expert financial planning assistance
• Personalized insurance solutions
• Hassle-free documentation
• Quick policy issuance
• Lifetime policy servicing
• Dedicated claim support