SBI Life Insurance complete plan details |

SBI Life Insurance Company Limited is a leading private life insurer in India, known for its customer-centric policies that combine protection, savings, and investment options. Here are three prominent insurance plans offered by SBI Life:

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1. SBI Life - eShield Next

Plan Type: Pure Term Insurance Plan
Features:

• Comprehensive term plan offering financial protection to the family.
• Multiple coverage options: Level Cover, Increasing Cover, and Level Cover with Future Proofing Benefit.
• Critical illness rider and accidental death benefit available.

Benefits:

• Death Benefit: Lump sum payout to the nominee in case of policyholder’s death during the policy term.
• Flexibility to choose coverage enhancements based on life stages.
• Tax Benefits under Section 80C and 10(10D).

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2. SBI Life - Smart Wealth Builder

Plan Type: Unit Linked Insurance Plan (ULIP)
Features:

• Long-term wealth creation with life cover.
• Premium payment flexibility: Single premium or limited premium options.
• Choice of 7 diverse investment funds.

Benefits:

• Maturity Benefit: Fund value payable at the end of the policy term.
• Death Benefit: Higher of the sum assured or fund value payable to the nominee.
• Loyalty Additions enhance fund value over time.
• Tax Benefits under Section 80C and 10(10D).

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3. SBI Life - Smart Scholar

Plan Type: Child Insurance Plan (ULIP)
Features:

• Designed for securing a child's education and future financial goals.
• Life cover for the parent with the continuation of policy benefits in case of death.
• Premium waiver benefit included.

Benefits:

• Maturity Benefit: Fund value payable at the end of the policy term.
• Death Benefit: Sum assured along with the continuation of policy benefits.
• Loyalty Additions for enhanced returns over time.
• Tax Benefits under Section 80C and 10(10D).

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Why Choose SBI Life Insurance?

• Strong financial stability and a trusted brand in the insurance industry.
• Wide range of policies catering to diverse financial goals.
• Flexible policy customization with add-ons and riders.