Insurance

Life Smart Platina Supreme

A savings plan with regular guaranteed income during the payout period and flexible choices for long-term goals.

Policy typeIndividual, non-linked, non-participating life insurance savings product Entry ageMinimum 3 years; maximum 57 years through POSP/CPSC-SPV and 60 years through other channels Key coverageRegular guaranteed income during the payout period with flexibility to match life goals

Official product page ↗Compare category

✓ Manually checked 23 Aug 2026 · active

SBI Life Smart Platina Supreme official product artwork

Offered byState Bank of India

India, subject to Life underwriting and policy terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Policy typeIndividual, non-linked, non-participating life insurance savings productView source

The brochure expressly describes Smart Platina Supreme as an individual, non-linked, non-participating life insurance savings product.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Key Features
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Premium limitsMinimum annualized premium ₹50,000; maximum is limited by the ₹25,00,000 per-life death-cap for POSP/CPSC-SPV or has no limit under other channels subject to Board-approved underwritingView source

The brochure publishes the minimum annualized premium and channel-specific maximum treatment.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Who can avail this plan
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Entry ageMinimum 3 years; maximum 57 years through POSP/CPSC-SPV and 60 years through other channelsView source

The Who Can Buy table publishes minimum entry age 3 years and channel-specific maximum ages.

Source: Life Smart Platina Supreme — official product page
Page / section: Who Can Buy
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Key coverageRegular guaranteed income during the payout period with flexibility to match life goalsView source

The official key benefits list regular guaranteed income and flexibility for different goals.

Source: Life Smart Platina Supreme
Page / section: Key Benefits
Accessed: 23 Aug 2026
Confidence: high

Open official source ↗

InsurerSBI Life Insurance Company LimitedView source

Life's official catalogue lists these individual and group products under Life Insurance Company Limited.

Source: Life online plans and group insurance catalogue
Page / section: Life plan catalogue
Accessed: 23 Aug 2026
Confidence: high

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Policy term8 to 12 years for 7-year payment; 9 to 13 years for 8-year payment; 11 to 15 years for 10-year paymentView source

The brochure table publishes the policy-term ranges corresponding to each premium payment term.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Who can avail this plan
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

UIN111N171V04View source

The official product page identifies the as 111N171V04.

Source: Life Smart Platina Supreme — official product page
Page / section: Product overview
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Product code3GView source

The official page lists product code 3G.

Source: Life Smart Platina Supreme — official product page
Page / section: Product overview
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Premium payment term7, 8 or 10 yearsView source

The eligibility table lists premium payment terms of 7, 8 and 10 years.

Source: Life Smart Platina Supreme — official product page
Page / section: Who Can Buy
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Payout period15, 20, 25 or 30 yearsView source

The official page states that the policyholder can choose a payout period of 15, 20, 25 or 30 years.

Source: Life Smart Platina Supreme — official product page
Page / section: Benefits — Guaranteed Income Benefit
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Maturity ageMinimum 18 years; maximum 65 years through POSP/CPSC-SPV and 75 years through other channelsView source

The brochure publishes minimum maturity age 18 years and channel-specific maximum maturity ages.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Who can avail this plan
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Minimum annualized premium₹50,000View source

The brochure lists minimum annualized premium ₹50,000.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Who can avail this plan
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Minimum sum assured₹5,50,000 (11 times annualized premium)View source

The brochure lists minimum sum assured of ₹5,50,000.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Who can avail this plan
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Maximum sum assured₹25,00,000 per life through POSP/CPSC-SPV; no limit through other channels subject to Board-approved underwritingView source

The brochure states the channel-specific maximum sum assured treatment.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Who can avail this plan
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Premium modesYearly, half-yearly or monthly; half-yearly is 51% and monthly is 8.5% of annualized premiumView source

The brochure lists premium modes and non-yearly modal factors.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Who can avail this plan
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Income payout optionsLevel Guaranteed Income or Increasing Guaranteed Income; increasing option grows at 5% simple interest per annum from the second payout yearView source

The page defines the two income options and the 5% simple-interest increase for the increasing option.

Source: Life Smart Platina Supreme — official product page
Page / section: Benefits — Guaranteed Income Benefit
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Income payout frequencyYearly, half-yearly, quarterly or monthlyView source

The brochure lists all four income payout frequencies.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Modal Factor
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Maturity benefitGuaranteed Income during the selected payout period plus 110% of total premiums paid at the end of the payout period; discounted-value lump sum option is availableView source

The official page states the guaranteed-income payout and 110% return of total premiums at the end of the payout period.

Source: Life Smart Platina Supreme — official product page
Page / section: Benefits — Maturity Benefit
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Death benefitHighest of 11 times annualized premium, the discounted future guaranteed-income plus 110% total premiums payable formula, or 105% of total premiums paid to dateView source

The brochure sets out the three-part highest-of death benefit formula.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Death Benefit
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Policy loanLoan against policy is available during the policy term under the policy termsView source

The Features section expressly lists loans against policy.

Source: Life Smart Platina Supreme — official product page
Page / section: Features
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Optional riderSBI Life Accident Benefit Rider UIN 111B041V01 with accidental death benefit and accidental partial permanent disability benefit optionsView source

The brochure names the optional Accident Benefit Rider and both benefit options.

Source: Life Smart Platina Supreme Brochure V04
Page / section: Key Features; Rider
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Sum assuredMinimum ₹5,50,000 (11 times annualized premium); ₹25,00,000 per life through POSP/CPSC-SPV and no fixed maximum through other channels subject to Board-approved underwritingView source

The product page and brochure publish the minimum sum assured and channel-specific / cap.

Source: Life Smart Platina Supreme — official source set
Page / section: Who Can Buy — Sum Assured
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Key exclusionsSuicide within 12 months from commencement of risk or revival: death benefit is not payable; the nominee receives the higher of 80% of total premiums paid or surrender value, if the base policy is in forceView source

The current page and policy document publish the 12-month suicide exclusion and higher-of payment rule.

Source: Life Smart Platina Supreme — official product page
Page / section: Exclusions — Suicide Exclusion
Accessed: 29 Aug 2026
Confidence: high

Open official source ↗

Geographic limitsRegular guaranteed income during the payout period with flexibility to match life goalsView source

The manually reviewed product record states: “Regular guaranteed income during the payout period with flexibility to match life goals”.

Source: Life Smart Platina Supreme — official product page
Page / section: Published product metadata
Accessed: 23 Aug 2026
Confidence: high

Open official source ↗

Benefits and features

Guaranteed income
Long-term savings
Life cover

Eligibility

Minimum entry age 3 years

Passing a listed condition does not mean the bank will approve an application.

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Life-cover needs estimate

See whether your current cover and savings may leave a gap for your family. This does not calculate an insurance premium.

Yearly household income to replaceThe income your family may need to replace.₹ten lakh rupees₹1,00,000₹1,00,00,000Years of income neededHow long your family may need that replacement income. years1 years30 yearsLoans still to be paidHome loans and other debts the cover may need to clear.₹twenty lakh rupees₹0₹5,00,00,000Cover and savings already availableExisting life cover and money already set aside for the family.₹five lakh rupees₹0₹5,00,00,000

Possible cover gap₹1,15,00,000one crore fifteen lakh rupees

Income your family may need₹1,00,00,000one crore rupees

Cover and savings already counted₹5,00,000five lakh rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

TablePremium payment termChoose column

7 years · Policy term8 to 12 years

This value is copied from Smart Platina Supreme — payment, policy and payout term matrix. Check the table notes before relying on it.

Source: Life Smart Platina Supreme Brochure V04 · Who can avail this plan Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 3 rows · 3 columnsSmart Platina Supreme — payment, policy and payout term matrixComplete combinations transcribed from the official brochure.View tableHide table

Scroll sideways to view every column

Smart Platina Supreme — payment, policy and payout term matrix
Premium payment term	Policy term	Payout period
7 years	8 to 12 years	15 / 20 / 25 / 30 years
8 years	9 to 13 years	15 / 20 / 25 / 30 years
10 years	11 to 15 years	15 / 20 / 25 / 30 years

Policy term and payout period are selected within the combinations published by Life.

Life Smart Platina Supreme Brochure V04 · Who can avail this plan · accessed 29 Aug 2026Open official source ↗

Table 2 · 4 rows · 2 columnsSmart Platina Supreme — income payout modal factorsModal factors for each selected income frequency.View tableHide table

Scroll sideways to view every column

Smart Platina Supreme — income payout modal factors
Income frequency	Modal factor
Yearly	100%
Half-yearly	49%
Quarterly	24%
Monthly	8%

Life Smart Platina Supreme Brochure V04 · Modal Factor · accessed 29 Aug 2026Open official source ↗

Life Smart Platina Supreme

What the official sources publish

Benefits and features

Eligibility

Related official documents

Try the numbers

Life-cover needs estimate

Find the exact published value

Complete rates, limits and schedules

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What the official sources publish

Benefits and features

Eligibility

Related official documents

Try the numbers

Life-cover needs estimate

Find the exact published value

Complete rates, limits and schedules

Related products

SBI General Arogya Top-Up Policy

SBI General Bharat Griha Raksha

SBI General Car Insurance

SBI General Cyber VaultEdge

Life Smart Platina Supreme