Fathers are recognised as pillars and protectors of the family who instill family values of resilience and determination. SBI Life appreciates those fathers who never give up and become a source of inspiration for their loved ones. This Father’s Day, SBI Life Insurance endeavours to honour the unique connection between father and child with its #PapaHainNa campaign. With offerings such as SBI Life – Smart Platina Plus and SBI Life – Smart Champ, the invaluable power of financial security can be shared.
What is the SBI Life – Smart Champ Insurance
The SBI Life – Smart Champ Insurance is an individual, non-linked, participating, life insurance savings product that provides smart benefits in four equal installments to help one’s child seek higher education. This plan aims to offer the child financial security as soon as they turn the adult age of 18 years.
Benefits & Features
- This plan offers protection to children to help them easily achieve their life’s milestones.
- Convenient payment options – pay a one-time premium or pay a limited premium.
- This insurance policy comes with Life and Accidental Total Permanent Disability (ATPD) coverage throughout its term.
- Wavier of due premium, if any, on occurrence of insured event.
SBI Life – Smart Platina Plus For Regular Income
SBI Life – Smart Platina Plus is an individual, non-linked, non-participating, life insurance savings product. It offers financial freedom in one’s future years by providing regular guaranteed income during the payout period to realise the dreams.
Benefits & Features
- This plan has two-income plan options to suit financial needs – Regular Guaranteed Income & Life Income.
- Guaranteed Income Benefit: Enjoy fixed regular income during the payout period opted
- Maturity Benefit: Get return of 110% of total premiums paid at the end of policy term
- Limited premium payment options – 7,8 and 10 years.
