SBI gives a big surprise to everyone. Actually SBI Life Insurance has introduced Smart Platina Supreme Plan, which is a non-linked, non-participating life insurance savings product. The plan is crafted to address the increasing demand for financial products that ensure a steady income in the future by merging life insurance with guaranteed payouts.
The Smart Platina Supreme Plan provides flexibility in terms of premium payment schedules, policy duration, and income payment options. It allows policyholders to determine their guaranteed income and promises a return of 110% of the total premiums paid once the payment period concludes.
Key Features of Smart Platina Supreme
This plan delivers extensive life insurance coverage throughout its duration. It accommodates the right premium payment options, policy duration, and payment methods to fit individual preferences. Additionally, it offers enhanced guaranteed income for those who opt for higher premium payments. Policyholders can also choose to add the SBI Life Accident Benefit Rider for extra protection, addressing various financial needs across different life stages.
The maturity benefit includes guaranteed income payouts along with a 110% return of premiums at the end of the payment period. Policyholders also have the option to receive payouts if they prefer.
More Benefits and Flexibility
If the insured passes away during the policy term, the death benefit ensures financial support for the nominee, providing families with a safety net in tough times. This product is designed to offer long-term financial stability for individuals and families alike. Its structure caters to the diverse financial needs of various age groups, making it a solid choice for many. SBI Life’s Smart Platina Supreme plan stands out for its combination of security and flexibility, featuring a wide range of options and additional protection, making it a trustworthy choice for those looking for future income assurance.
