SBI Investment Plans
SBI Investment Plans offered by SBI Life provide individuals with the dual benefits of investment and insurance. They ...Read More
The headline features and policy mechanics, at a glance.
Affordable premium options starting from entry-level to comprehensive whole-life protection.
Industry-leading approval rate on eligible life insurance claims in the most recent fiscal year.
Well above IRDAI's 1.5× floor — strong indicator of long-term claim-paying ability.
Choose from level cover, increasing cover, and return-of-premium variants.
Branch offices and claim service centres across India for easy policy servicing.
SBI Investment Plans are a renowned and trusted choice for customers seeking to secure their future. Since 2001, SBI Life has addressed diverse insurance and investment needs through a wide variety of products. SBI Investment Plans offer both protection and opportunities for wealth creation. A portion of the premium paid provides insurance coverage, while the remainder is invested in financial instruments based on your risk appetite.
Plans like SBI Investment Plans for 5 years and SBI Investment Plans for 7 years help you build a financial corpus for future goals, such as a child's marriage, education, or retirement savings. SBI Investment Plans offered by SBI Life provide the dual benefits of investment and insurance, allowing you to save money for the future and grow your wealth through market investments.
Furthermore, SBI Life's savings and investment plans offer a greater number of options, including choices for investment funds, sum assured, and premium payment terms.
SBI Investment Plans cater to your investment needs by offering:
Good Solvency Ratio: SBI Life Insurance has a Solvency Ratio of 2.3, as per the IRDAI annual report 2022-23.
High Claim Settlement Ratio: As per the IRDAI annual report of 2022-23, SBI Life Insurance's claim settlement ratio is 93.09%.
Annual Premiums: The annual premium of SBI Life Insurance is Rs. 50,254 Cr, as per the IRDAI annual report 2022-23.
Pan-India Presence: SBI Life has a pan-India presence with over 970 branch offices across India.
Here are the key advantages provided by the insurer:
SBI Life Investment Plans often offer competitive returns compared to other investment options. You can choose plans designed to provide significant coverage at affordable premiums.
Rider benefits are available with SBI Life Investment Plans. You can add riders like critical illness, accidental death, and total and permanent disability riders for enhanced coverage.
SBI Investment Plans offer various coverage options, allowing you to select a plan that best meets your individual needs.
You may receive discounts for a higher sum assured and for on-time premium payments. Plans may offer a premium waiver in case of total and permanent disability due to an accident. These plans also provide valuable survival, death, and maturity benefits.
Investment plans allow policyholders to claim tax benefits. Premiums paid are eligible for tax exemption under Section 80C of the Income Tax Act, 1961. The amount received upon policy maturity is also tax-free under Section 10(10D) of the Income Tax Act, 1961.
| Name of the Rider | Benefits |
|---|---|
| SBI Life Accidental Death Benefit Rider | In case of your demise due to an accident, your family can receive additional income benefits over and above your sum assured. |
| SBI Life Accidental Total & Permanent Disability (ATPD) Benefit Rider | This rider provides protection against disabilities. In the unfortunate event of ATPD, the rider sum assured is paid, and the policy and other benefits continue. |
Every plan currently being sold by SBI Investment Plans, shown side-by-side so you can shortlist quickly.
Save yourself and your family from rising inflation with SBI Life Smart Bachat. It is important to plan for future savings and expenses wisely while c...
Don't save money to save. Save money to invest and fulfill your long-term goals.SBI Life Smart Platina Assure gives your family the assurance to fulfi...
Your family depends on you. Provide them with the life you've dreamt of. With SBI Life Smart Money Back Gold, invest your money and get higher returns...
A penny saved is a penny earned. Save your money with SBI Life Shubh Nivesh Plan and meet your long-term financial goals. SBI Life Shubh Nivesh is a n...
SBI Life Smart Humsafar Plan is an insurance-cum-savings plan that offers dual benefits of protection and savings. It is a joint life insurance plan t...
SBI Life Smart Samriddhi Plan is a fusion of an insurance plan and a savings plan. This SBI plan offers life coverage throughout the policy tenure alo...
SBI Life Smart Platina Plus is a comprehensive, non-linked, non-participating individual life insurance savings product offered by SBI Life Insurance....
SBI Life Smart Lifetime Saver is a non-participating Whole Life Insurance plan. It offers dual benefits of insurance and saving under the same policy....
Side-by-side across the 3 most-bought SBI Investment Plans plans on PolicyX.
| Feature | SBI Smart Bachat | SBI Smart Platina Assure | SBI Smart Money Back Gold |
|---|---|---|---|
| Plan type | SBI Investment Plans | SBI Investment Plans | SBI Investment Plans |
| Sum assured | 7/10/15 years | 7, 10 years | 15 to 25 years |
| Entry age | Minimum Age: 3 years, Maximum Age: 50 years | Minimum Age - 18 years Maximum Age - 60 years | Minimum Age - 14 years Maximum Age - 55 years |
| Top benefits | Maturity Benefits · Death Benefits | Explore SBI Life Smart Platina Assure · Key Features of the Plan | All About SBI Life Smart Money Back Gold · Key Features & Benefits of the Plan |
For policy purchase and claim submission. Have these ready before you start.
Photo ID Proof Passport, Aadhaar card, PAN card, Driving license.
Age Proof Passport, Aadhaar card, PAN card, Driving license.
Address Proof Utility bill, passport, voter ID, ration card.
Medical Records Medical records of the policyholder (if requested by the insurer).
Income Proof Bank statement, last three months' salary slips (for salaried individuals).
Step-by-step guides for the four key moments in your policy lifecycle. Click a tab to switch.
The standard inclusions and exclusions across SBI Investment Plans plans. Specific plans may add benefits — always check the policy wording before purchase.
In conclusion, SBI Life Insurance offers a range of flexible, customer-centric investment plans tailored to meet various financial needs and life goals. With its strong digital presence, robust claim settlement record, and diverse product portfolio, SBI Life stands out as a trusted partner for securing one's financial future. For more information on SBI Life Investment Plans, you can contact Policyx.com 24/7. Our trusted insurance experts are available to assist you and suggest the best possible solutions.
Don't just take our word for it — check out what our happy customers say about us!
All my claims were rejected for 3 years. Then, I received a text from PolicyX team, who noticed that my claims hadn't been settled. They managed to get my claims settled, totalling ₹4.5 L. I really appreciate the efforts of the PolicyX advisors for their support in settling my claims.
Ravindra SinghI highly appreciate the help of the PolicyX team for settling my claim of Rs. 5 Lakhs with zero deductions. I took a policy online from them in March 2024. As a customer, it's been a great experience throughout the process.
Priti VarshneyI'm very satisfied because my claim of over ₹2 L has been settled as a result of your team effort. However, I was very upset with the insurer, who delayed the claim for almost 2 months. But with your support and interaction, the claim was settled within 30 days & I appreciate it a lot.
Nisha MaryI bought my health policy from PolicyX, and so far, it's been a very pleasant experience with the team. I really appreciate the help for renewing my health policy. I look forward to continuing my relationship with PolicyX and recommend it to everyone.
Ajay ShahPolicyX has been a savior during a medical emergency in my family recently. My wife was admitted in the hospital, and the insurance company declined my claim request. The PolicyX team handled the situation very well and I received the claim right on time.
Vijay RathodI purchased a health plan for the very first time and the support by PolicyX is commendable. They helped me with the paperwork, explained the policy details to me with patience and supported me at every step of policy buying. A big thanks to you guys.
Uma MahajanThe 6 most-asked questions about SBI Investment Plans, answered.
Aggregate ratings from 917 verified PolicyX customers who bought a SBI Investment Plans plan.
PolicyX content is researched in-house and reviewed by an IRDAI-certified insurance specialist before publication.
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Compare SBI Investment Plans life plans with other top insurers in India.
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