SBI Life Insurance has launched the SBI Life – Smart Platina Supreme, a non-linked, non-participating life insurance savings plan that combines life coverage with guaranteed pay-outs. The plan offers flexibility in premium payment terms, policy durations, and income payout frequencies. It provides guaranteed income, which is predetermined by the policyholder, and ensures a return of 110% of total premiums paid at the end of the payout period. The plan aims to provide long-term financial stability and act as a safety net for individuals and families. Key features include comprehensive coverage, flexibility, additional protection through the SBI Life – Accident Benefit Rider, enhanced guaranteed income for higher premium amounts, and a maturity benefit with an option for lumpsum payment. The plan is designed to suit a wide range of financial needs across different age groups and provides financial support to the nominee in case of the insured’s death during the policy term.
