Features

Choice of 3 Plan Options: Level Cover with Future Proofing Benefit, Increasing Cover Benefit & Level Cover Benefit to suit your Protection needs
Options to customize the plan to meet your requirements
- Better Half Benefit Option
- Additional coverage through optional Rider^#
Life cover upto 100 years (Whole life) or 79 years (other than Whole Life)
Option to Pay premium – Only once or for limited period or entire policy term

^#SBI Life – Accident Benefit Rider (UIN: 111B041V01), Option A: Accidental Death Benefit (ADB) and Option B: Accidental Partial Permanent Disability Benefit (APPD)

Advantages

Security

Avail financial security for your family based on your needs

Flexibility

Choice of 3 plan options

Simplicity

Customize the plan to meet your requirements through
- Better Half Benefit Option
- Optional Rider

Reliability

Life cover upto 100 years (Whole life) or 79 years (other than Whole Life)

Affordability

A perfect fit in your financial planning with affordable premium

Death Benefit:

In case of death of Life Assured during the policy term, we will pay the “Sum Assured on Death”, which is :

For Regular and Limited Pay Policies: Higher of the following:
- A. 11 times the Annualized Premium¹, or
- B. Absolute amount Assured on death⁺, or
- C. 105% of the Total Premiums Paid² up to the date of death
For Single Pay Policies: Higher of the following:
- A. 1.25 times of Single Premium³, or
- B. Absolute amount Assured on death⁺

¹Annualized Premium is the premium amount payable in a year, excluding taxes, rider premiums, underwriting extra premiums and loadings for modal premiums.
²Total Premiums Paid means total of all the premiums paid under the base product, excluding any extra premium and taxes, if collected explicitly.

³Single Premium means the premium amount payable in lump sum at policy inception excluding taxes, rider premium and underwriting extra premiums.

⁺Absolute Amount Assured on death will depend on the plan option chosen by you at the policy inception as follows:

Plan Option Opted	Absolute Amount Assured on Death
Level Cover Benefit	Sum Assured
Increasing Cover Benefit	Sum Assured chosen at inception with sum assured increases till the date of death
Level Cover with Future Proofing Benefit	Sum Assured chosen at policy inception plus any additional Sum Assured on account of exercising the Future Proofing Benefit till the date of death

For more details on risk factors, terms and conditions of SBI Life – Smart Shield Plus, read the following documents carefully.

SBI Life - Smart Shield Plus - Term Insurance Plan

^All the references to age are age as on last birthday.
^^ For Monthly mode, upto 3 Months premium to be paid in advance and renewal premium payment through Electronic Clearing System (ECS).
^$$Premium shown above are excluding applicable taxes and underwriting extra. Taxes will be applicable as per the prevalent tax laws

4C/ver1/08/25/WEB/ENG

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

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

*Tax Benefits:

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. For further details click here. Please consult your tax advisor for details

SBI Life - Smart Shield Plus

A life cover
that has flexibility
to evolve with
your growing needs.

Highlights

Traditional plan

Protection Plans

Term plan