SBI Life Smart Life Time Saver is a non-linked, participating savings insurance plan designed to help you build long-term financial security while providing life insurance protection. It combines disciplined savings with bonuses and protection for your loved ones.
This plan is suitable for individuals who want to create a savings corpus over time for goals such as children’s education, marriage, wealth creation, or retirement planning—without exposure to market risks.
Regular savings habits are essential for long-term financial success. Smart Life Time Saver encourages disciplined premium payments while offering bonuses and guaranteed benefits, making it a stable and reliable savings solution.
- Long-term savings plan with life insurance cover
- Eligible for reversionary and terminal bonuses
- Guaranteed benefits along with bonus potential
- Flexible premium payment terms
- Tax benefits as per prevailing income tax laws
You pay premiums for the selected premium payment term. Over the policy duration, the policy accumulates guaranteed benefits along with bonuses declared by the insurer. At maturity, you receive the maturity benefit plus accumulated bonuses.
Age: 35 years
Premium Payment Term: 15 Years
Annual Premium: ₹60,000
Policy Term: As per plan option
Maturity Benefit: Guaranteed benefit + bonuses (if any)
This maturity amount can be used for higher education expenses, marriage planning, or as a financial cushion during later stages of life.
Smart Life Time Saver is suitable for individuals who prefer steady, disciplined savings with insurance protection.
- Individuals planning long-term savings goals
- Parents planning children’s future
- Risk-averse customers preferring guaranteed plans
- People seeking insurance with savings and bonuses
SBI Life Smart Life Time Saver is a balanced savings and protection plan that helps you build a financial corpus over time while safeguarding your family. It offers stability, discipline, and long-term value for important life goals.
