A collection of plans designed for retirement, wealth growth, savings, and protection in one reliable location. Begin your journey now, hassle-free, online.
Why Choose SBI Life Online Plans?
- 95.03% individual claim settlement ratio: trusted reliability you can count on.
- Straightforward purchase process, digital convenience.
- Wide range of solutions: from pure protection to savings to investment-linked plans.
- Flexible entry ages, premium payment options, and fund strategies.
- Tax benefits as per applicable Indian Income Tax laws (please consult tax advisor).
List of SBI Life Plans
Here’s a breakdown of the key online plans — find the one that fits your goal best.
SBI Life Protection / Term Plans
SBI Life Child Plans
SBI Life Savings & Guaranteed Income Plans
SBI Life Wealth-Creation / ULIP Plans
SBI Life Retirement / Pension Plans
How to Choose Your Plan
- What’s your primary need?
- Protection & peace of mind → term plans (Smart Shield, Saral Jeevan).
- Long-term savings + guaranteed income → Platina plans.
- Wealth creation with life cover → ULIP options.
- Retirement income generation → Retire Smart Plus, Smart Annuity Plus.
- How much premium can you commit?
- There are plans with low entry premiums (e.g., ~₹2,500 for Smart Shield Plus) and others aimed at higher investment (e.g., Smart Elite Plus at ₹2,50,000 onwards).
- What is your entry age / life stage?
- Whether you’re a young parent, mid-career professional, or planning retirement — there is a plan aligned to your phase.
- Risk & investment appetite
- ULIP plans expose you to market-linked funds (higher risk, higher potential); while guaranteed saving plans are more conservative.
- Payment flexibility & term
- Some plans allow single premiums, limited payment term, or regular payments. Examine what works for you.
Benefits & Key Features At A Glance
- Life cover – your family protected even if you’re not there.
- Savings & investment growth – create wealth over time via market-linked returns (in ULIPs) or guaranteed benefits.
- Retirement readiness – ensure you have income to live comfortably in later years.
- Child’s future planning – secure dreams of your child with dedicated plans.
- Digital convenience – online purchase, faster process.
- Flexibility – choose premium frequency, fund options (for ULIPs), benefit options (term plans).
- Tax advantage – eligible for deductions under applicable income tax laws.
FAQs
Can I buy online?
Yes — the “Online Plans” section of SBI Life’s website covers all these plans for digital purchase.
What entry ages are allowed?
Varies by plan – ranging from as young as 30 days for some savings plans, to adult ages for term/ULIP plans.
Are returns guaranteed?
For guaranteed savings plans, yes you get defined benefits; for ULIPs, returns are market‐linked so they fluctuate.
What if I stop paying premiums?
Each plan has specific rules; refer to the policy contract and terms & conditions.
Is life cover included in wealth/ULIP plans?
Yes — many ULIP options combine life cover and investment component.
Tax benefit?
Yes, subject to prevailing tax laws, consult your tax advisor.
Take Action Today
Don’t wait until it’s too late. Whether your goal is protection, savings, wealth growth, or retirement planning, SBI Life’s online plans bring all of this under one roof.
Disclaimer
The information provided here is for marketing/illustration purposes only. Premiums vary based on age, term, coverage, fund strategy, premium frequency and underwriting. Please read the sales brochure carefully and consult your financial advisor.