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Investment Plans 1982 views March 12, 2020
Smart Income Protect offered by SBI Life is a non-linked life insurance plan. It is a traditional participating plan that offers dual benefits of life insurance cover and steady and regular cash income over a specified period of 15 years. This plan is a mix of savings, protection and regular income.
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Smart Income Protect is a participating insurance plan which ensures higher returns and better protection and security to the family of the insured. Going by its name this plan ensures smart guaranteed regular income to the insured and his/her family. The key benefits offered by SBI Life Smart Income Protect are as follows:
SBI Life Smart Income Protect is a beneficial and smart choice of the life insurance policy. It takes care of the liquidity needs of the policyholder and acts as an additional source of income. These plans are suitable for those who want better returns on their investments and are looking for a savings insurance plan. As the primary objective of this insurance plan is investment along with low risk and higher returns due to participating benefits which increase the returns to a great extent. SBI Life Smart Income Protect plan offers tax-free regular income to the insured and his/her family.