Product Information
Other Plans SBI Life - Smart Power Insurance
SBI Life - Smart Power Insurance, a non-participating unit linked insurance plan which takes care of your insurance as well as investment needs. The product comes to you at reasonable premium and is in tune with the current investment scenario. It is a flexible product, which also takes care of your liquidity needs.


  • Two Plan Options to choose from:
  • Level Cover Option - Sum Assured chosen at inception remains the same through out the policy term
  • Increasing Cover Option - The initial Sum Assured increases by 10%, without any additional underwriting, starting from 6th policy year and after every 5 years thereafter
  • Advantage of Advancing the Policy Benefit to become your Living Benefit, through our Inbuilt Accelerated Total & Permanent Disability (TPD) benefit
  • Two Fund options to choose from
    1. Trigger Fund Option - Advantage of ’Buying Low and Selling High’
    2. Smart Funds Option - Option to choose from 7 varied funds
  • Flexibility through 2 free switches in a policy year
  • Liquidity through Partial Withdrawal(s)
Age at Entry* Min: 18 years
Max: 45 years
Age at Maturity* 65 years
Policy Term 10 years, 15 to 30 years (both inclusive)
Premium Payment Term Same as policy term
Premium Modes Yearly/Half-yearly/Quarterly/ Monthly