Product Information
Saving And Investment Plans SBI Life - Smart Income Protect
SBI Life - Smart Income Protect is a savings plan with added advantage of life cover and regular cash inflow at the time you need. It is a participating traditional plan where you continue to pay your regular premiums over a period of 7, 12 or 15 years.


  • Plan that provides Insurance Cover and Regular Income.
  • Choose your policy term from 7 years, 12 years or 15 years.
  • Premium paying term will be same as policy term chosen by you.
  • Vested Reversionary bonuses plus Terminal bonus, if any, will be paid as lump sum at the end of the policy term, at maturity.
  • Guaranteed$ annual payouts of 11% of Basic Sum Assured/Paid up Sum Assured over a period of 15 years after maturity.
  • Alternatively, you have an option to receive the maturity benefit in a lump sum, which will be 110% of basic sum assured plus Vested Reversionary bonuses plus Terminal bonus, if any.
Age^ at Maturity Min: 18 years
Max: 65 years
Sum Assured Min: Rs.1,00,000/- (× 1,000/-)
Max*: No Limit
Policy Term 7/12/15 years
Premium Frequency Yearly / Half-yearly / Quarterly / Monthly
Payout Period 15 years
Payout Frequency Yearly