Protect your family’s financial security with SBI Life’s comprehensive range of life insurance solutions. Whether you seek protection, savings, long-term wealth creation, tax benefits, or guaranteed returns, SBI Life offers trusted plans crafted to safeguard your dreams.
Introducing one of the most value-driven offerings — SBI Life – Smart Swadhan Supreme, a Non-Linked, Non-Participating, Life Insurance Savings Plan with Return of Premium, designed to combine affordable protection with guaranteed maturity benefits.
SBI Life – Smart Swadhan Supreme
A Life Insurance Savings Plan With 100% Return of Premium
Secure your family’s future and enjoy the peace of mind that comes from knowing they will be financially protected, even in your absence. SBI Life – Smart Swadhan Supreme offers life cover at affordable premiums and returns 100% of Total Premiums Paid# at maturity.
Key Features
- Affordable Life Insurance Cover – Protect your family without burdening your finances.
- 100% Return of Total Premiums Paid# on maturity.
- Flexible Premium Payment Options – Pay regularly or choose limited payment terms of 7 / 10 / 15 years.
- Wide Policy Term Options – Choose any duration between 10 to 30 years.
- Enhanced Protection – Add the optional SBI Life – Accident Benefit Rider@ for extra security.
- Tax Benefits$ – Available as per applicable Income Tax laws.
Plan Highlights
- Protection – Life insurance cover at an affordable cost
- Security – Guaranteed return of premium
- Convenience – Flexible premium payment modes and terms
- Flexibility – Choose your policy tenure and frequency
- Rider Benefits – Additional accident protection available
Advantages of Smart Swadhan Supreme
1. Security
Protect your family’s financial future with a reliable life insurance cover.
2. Reliability
Receive 100% of your Total Premiums Paid# at maturity — guaranteed.
3. Flexibility
Choose your policy term, premium payment mode, and frequency as per your needs.
4. Tax Benefits
Avail tax deductions as per the Income Tax Act, 1961.
Benefits in Detail
Death Benefit
(Applicable only for in-force policies)
In the unfortunate event of the Life Assured’s death during the policy term, the Sum Assured on Death shall be paid as a lump sum to the beneficiary.
Sum Assured on Death is the highest of:
- Basic Sum Assured*
- 11 × Annualised Premium^
- 105% of Total Premiums Paid# up to the date of death
*Basic Sum Assured = The absolute amount chosen by the policyholder at inception.
^Annualised Premium = Yearly premium excluding taxes, extra premiums, rider costs, and modal loadings.
#Total Premiums Paid excludes taxes, extra premiums, and rider charges.
Maturity Benefit
(Applicable only for in-force policies)
On survival till the end of the policy term, you receive:
100% of Total Premiums Paid# in Lump Sum
This ensures your savings are returned in full.
Optional Rider Benefit
SBI Life – Accident Benefit Rider@
Enhance your protection with:
- Option A: Accidental Death Benefit (ADB)
- Option B: Accidental Partial Permanent Disability Benefit (APPD)
@Rider UIN: 111B041V01
Explore More SBI Life Insurance Plans
(Suggested section for covering all life insurance plans)
Looking for more options? Explore SBI Life’s complete suite of life insurance products, including:
- Term Insurance Plans
- Savings & Endowment Plans
- ULIPs (Market-Linked Investment Plans)
- Child Plans
- Retirement & Pension Plans
- Guaranteed Return Plans
Each plan is designed to meet specific life goals—from wealth creation to family protection, long-term savings, retirement income, and tax planning.
Why Choose SBI Life?
- Trusted by millions of Indian families
- Financial expertise backed by the State Bank of India
- Transparent, customer-first approach
- Flexible plans to suit every need
- Strong claim settlement record
- Hassle-free onboarding with digital support
Who can buy?
Disclaimer: This webpage contains product information for awareness and marketing purposes only. All features, benefits, terms, and conditions are subject to the detailed policy wording and official brochures issued by SBI Life Insurance. Tax benefits are offered as per prevailing Income Tax laws and are subject to change. Customers are advised to read all related documents carefully and consult a financial or tax advisor before purchasing any insurance plan.