Make a plan that expands with you to safeguard your future. Smart Shield Plus is intended for people who want the best protection possible for themselves and their loved ones. This plan offers you flexibility, affordability, and peace of mind whether you’re just starting out, starting a family, or making plans for later years.
Why Choose Smart Shield Plus?
- Life cover at an affordable premium that adapts to your changing needs.
- Three plan options so you choose what fits your life stage:
- Increasing Cover Benefit – Sum assured increases by 5% every policy anniversary (max increase 100% of initial sum assured).
- Level Cover with Future Proofing Benefit – Sum assured remains level initially, with an option to increase at specific life stages.
- Level Cover Benefit – Sum assured stays constant throughout the policy term.
- Optional enhancements: Add a “Better Half Benefit” (covering your spouse) and optional rider (e.g., accident benefit).
- Long-term availability: Life cover up to age 100 for whole life option, or up to age 79 for other-than-whole life.
- Flexible premium payment options: Pay once, limited period, or for the entire policy term.
Plan Highlights at a Glance
| Feature | Details |
|---|---|
| Plan Options | Increasing Cover / Level Cover with Future Proofing / Level Cover. |
| Customize | Option to add spouse (Better Half Benefit), optional riders. |
| Premium Payment Term | Pay once, or pay for a limited number of years, or pay for the full term. |
| Sum Assured | You choose the initial sum assured; increasing cover grows by up to 100% over time. |
| Death Benefit | On death during policy term the higher of: (-) 11× annualised premium (for regular/limited pay), or (-) absolute death benefit amount, or (-) 105% of total premiums paid up to date of death (for single pay: 1.25× single premium). |
| Life Cover Term | Up to age 100 (whole life) or age 79 (other than whole life). |
How It Works
- Select the plan option that best suits your needs (Increasing / Level with Future Proofing / Level).
- Choose the duration of your policy, the frequency of premium payments, and the term of premium payments.
- Choose whether you want the optional rider or spouse coverage, as well as Sum Assured (the base amount of coverage).
- Make the appropriate premium payments. Your family receives the death benefit in accordance with the option selected if the insured passes away during term.
- Your sum assured will automatically increase if you choose Increasing Cover (by 5% annually up to a maximum increase of 100%).
- You may decide to raise the coverage at predetermined life stages if you chose Level Cover with Future Proofing (subject to terms).
- You can rest easy knowing that your loved ones are financially secure.
Who Can Buy It?
- People seeking a non-linked, non-participating, pure protection life insurance plan.
- Individuals who desire a flexible plan structure that can be adjusted as their circumstances change.
- Anyone looking for long-term life insurance up to 79 or 100 years, depending on the policy.
- those who wish to add accident protection or spouse coverage through a rider.
Benefits for You & Your Family
- Security – Ensure your loved ones have a financial safety net in your absence.
- Flexibility – Choose the plan that fits your life stage and financial goals.
- Simplicity – Clear cover options and transparent benefits.
- Affordability – Designed to fit within budget while offering strong protection.
- Reliability – Backed by SBI Life and regulatory oversight.
Get Started Now
Determine your premium, select your coverage, and start safeguarding your family’s future right now. Life is unpredictable, so don’t wait. To find your best option, use our “Calculate Premium” tool or get in touch with our advisor.
Disclaimer
“This is an online marketing communication. For full details of benefits, risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale. Tax benefits are subject to change as per Income Tax laws and are subject to conditions. UIN: 111N150V01. SBC: 4C/ver1/08/25/WEB/ENG. The “Better Half Benefit” and rider benefits are optional and subject to underwriting and terms. SBI Life Insurance Company Limited is the insurer. Insurance is subject to terms, conditions, exclusions and vesting of risk. Please consult your tax advisor. For detailed risk factors, please read the brochure and policy document.”