Future Guaranteed Income protect plan -2023
Future Guaranteed Income Plan-2023
SBI Life Insurance's "Smart Platina Assure" is a comprehensive and cost-effective life insurance plan that offers financial security to policyholders and their families. It is a non-linked, non-participating, traditional life insurance plan that provides a lump sum amount on the policyholder's death or on maturity of the policy, whichever is earlier.
One of the key features of Smart Platina Assure is the flexibility it offers in terms of premium payment options. Policyholders can choose from a range of premium payment terms ranging from 5 to 30 years, depending on their financial goals and requirements. In addition, the policyholder has the option to pay premiums either annually, half-yearly, quarterly, or monthly, providing maximum convenience.
Another important aspect of Smart Platina Assure is the death benefit, which is the sum assured plus any bonuses, if any, payable to the nominee in the event of the policyholder's death during the policy term. The sum assured is guaranteed and is payable on death, regardless of the performance of the underlying investments. In addition, the policyholder has the option to increase the sum assured during the policy term through riders, such as accidental death benefit and critical illness rider, to provide enhanced protection.
Smart Platina Assure also offers attractive savings and investment options, providing policyholders with the opportunity to grow their wealth over time. The plan provides for the payment of bonuses, which are declared from time to time, based on the financial performance of the insurer. The bonuses are re-assurable and can be reinvested to increase the policy's death benefit and maturity value.
Finally, Smart Platina Assure is easy to purchase and manage, with a simple and straightforward online process for purchasing and paying premiums. The policyholder can easily keep track of their policy and make any changes, such as updating personal information or making premium payments, through the online portal.
In conclusion, SBI Life Insurance's Smart Platina Assure is a comprehensive life insurance plan that offers a range of benefits to policyholders, including flexibility in premium payment options, attractive savings and investment options, and a guaranteed death benefit. With its ease of purchase and management, it is an ideal choice for those seeking financial security and peace of mind.
