SBI Life Smart Champ Insurance Premium and Maturity Calculator - SBI Life - Smart Champ Insurance is an Individual Non-linked, Participating life insurance plan, specially designed to protect child’s future educational needs. SBI Life Smart Champ Insurance is designed to meet your first objectives and concerns for your child as a parent. Saving your child's education and securing their bright future against uncertainties of life.
SBI Life Smart Champ Insurance policy is a policy to assured benefits which are payable during the term of the policy. It is a participating policy and will accrue bonuses at the end of every policy year till the child completes 18 years of age and a final Terminal bonus, if any.
SBI Life Smart Champ Insurance Premium and Maturity Calculator - SBI Life Smart Champ Insurance policy offers the insurance cover to the proposer, who will be the life assured and the policyholder, for death and Accidental Total Permanent Disability (ATPD) throughout the term of the policy. The ATPD benefit is accelerated, hence the insured event is death or ATPD, whichever is earlier. On occurrence of the insured event, the contingent benefits are payable to the beneficiary and the insurance cover will cease thereafter. The nominee at the point of sale must be a child whose interest you want to protect.
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