Child Education Plan | Child Insurance Policy in India - SBI Life - SBI Life

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Individual Plans


Plan Type

Entry Age

Kind of Investor

Policy Term

Premium Payment Frequencies


Flexibity ULIPS

Other Options


SBI Life – Smart Champ Insurance


SBI Life - Smart Champ Insurance, a traditional participating child insurance plan, helps in securing your child's educational needs.

Key Features

Annual Premium Range#

6,000 onwards

Entry Age

Child : 0 years
Proposer: 21 years

Key Benefits

    • Payouts based on your child's age
    • Premium waiver benefit
  • Child Insurance Plans|
  • Traditional|
  • SBI Life – Smart Champ Insurance|
  • Protection|
  • Security

SBI Life – Smart Scholar


Avail twin benefits of market-linked returns on your invested money and the security of life cover for your children with SBI Life - Smart Scholar.

Key Features

Annual Premium Range#

24,000 onwards

Entry Age

Child : 0 years
Proposer: 18 years

Key Benefits

    • Market-linked returns
    • Periodic loyalty additions
  • Child Insurance Plans|
  • ULIP|
  • SBI Life –Smart Scholar|
  • Protection|
  • Security

For more details on risk factors, terms and conditions please read the sales brochure carefully before concluding a sale.
For more details on riders, terms and conditions, please read rider brochure.

*Tax Benefit:
Tax benefits are as per Income Tax Laws & are subject to change from time to time. Please consult your Tax advisor for details.
You are eligible for Income Tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time. You may visit our website for further details here. Please consult your tax advisor for details.

#Premium range may vary based on frequency of premium payment and / or premium type selected. Premiums are subject to underwriting.