Child Insurance Plan | Child Education Plan in India | SBI Life
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SBI Life – Smart Champ Insurance

111N098V03

With growing age, your child dreams of the career they want to pursue and look up-to you as a guardian to fulfill those ambitions. Make every dream of your child come true with SBI Life – Smart Champ Insurance which provides benefits for their future educational needs as soon as they turn 18 years of age.

Key Features


Annual Premium Range#

6,000 onwards

Entry Age

Child : 0 years
Proposer: 21 years

Key Benefits

    • Guaranteed Smart Benefits# to ensure your child's higher educational needs are met
    • Triple protection of your child by way of lumpsum payout*, premium waiver and Smart Benefits#
    • Convenience to pay one-time or limited premium
  • Child Insurance Plans|
  • Traditional|
  • SBI Life – Smart Champ Insurance|
  • Protection|
  • Security

SBI Life – Smart Scholar

111L073V03

Give your child the independence to choose their dreams with SBI Life - Smart Scholar that fulfills your child’s dreams proactively by creating a corpus for a secured financial future through market linked returns, against all odds.

Key Features


Annual Premium Range#

24,000 onwards

Entry Age

Child : 0 years
Proposer: 18 years

Key Benefits

    • Create corpus for your child with market-linked investment through 9 fund options
    • Dual benefit of lumpsum payout & premium waiver^ for policy continuance on insured event#
    • Boost your funds through 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.