Smart Scholar Plus

SBI Life Smart Scholar Plus is a ULIP-based child education insurance plan designed to help parents build a strong education fund through market-linked investments while providing life insurance protection. It ensures your child’s education goals remain on track, even if life takes an unexpected turn.

This plan combines long-term wealth creation with essential protection, making it suitable for parents who want growth potential along with disciplined savings for higher education and future milestones.

Education costs increase every year. Smart Scholar Plus allows your investments to participate in market growth over the long term while providing safety through insurance cover and premium waiver benefits.

• Market-linked investment through ULIP structure
• Life insurance cover for the parent
• Premium waiver benefit on death of parent
• Multiple fund options with fund switching facility
• Tax benefits as per prevailing income tax laws

Parents pay premiums that are invested in chosen market-linked funds. Over time, the investment grows based on market performance. If the parent is no longer alive, future premiums are waived and the fund continues to grow for the child’s education needs.

The accumulated fund value can be used for higher education, professional courses, or overseas studies depending on the child’s aspirations.

• Parents planning higher education funding
• Families seeking market-linked growth for children
• Long-term investors comfortable with ULIPs
• Parents wanting premium waiver protection

SBI Life Smart Scholar Plus is a powerful child education planning solution that combines investment growth with insurance protection. It helps parents build a substantial education corpus while safeguarding their child’s future against life’s uncertainties.