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 typeChild-focused life-insurance savings planView source
Life presents this product as a savings plan for a child’s education and future milestones with life cover and maturity benefits.
- Source
- Life Smart Platina Young Achiever
- Page / section
- Product overview
- Accessed
- 23 Aug 2026
- Confidence
- high
Published premium floorAnnual premium from ₹50,000View source
The official product calculator publishes annual premium from ₹50,000.
- Source
- Life Smart Platina Young Achiever
- Page / section
- Premium calculator
- Accessed
- 23 Aug 2026
- Confidence
- high
Eligibility agesChild 30 days to 15 years; parent or guardian 18–65 yearsView source
The official publishes the child and guardian age ranges.
- Source
- Life Smart Platina Young Achiever
- Page / section
- Frequently Asked Questions
- Accessed
- 23 Aug 2026
- Confidence
- high
Policy term15 to 25 yearsView source
The official calculator lists policy term from 15 to 25 years.
- Source
- Life Smart Platina Young Achiever
- Page / section
- Premium calculator
- Accessed
- 23 Aug 2026
- Confidence
- high
Minimum sum assured₹3,50,000View source
The official eligibility table publishes a minimum sum assured of ₹3,50,000.
- Source
- Life Smart Platina Young Achiever
- Page / section
- Who Can Buy
- Accessed
- 23 Aug 2026
- Confidence
- high
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
Key coverageChild education savings; Life cover; Maturity benefitsView source
The manually reviewed product benefits state: “Child education savings; Life cover; Maturity benefits”.
- Source
- Life Smart Platina Young Achiever — official product page
- Page / section
- Published coverage and benefits
- Accessed
- 23 Aug 2026
- Confidence
- high
Waiting periodNo separate general waiting period is published. The policy has a 12-month suicide provision from commencement of risk or revival, and the proposer’s accidental total permanent disability must persist for 180 days to establish permanence (not applicable for physical severance).View source
The policy document publishes a 12-month suicide provision and a 180-day continuous-disability condition for ATPD permanence; it does not publish a separate general waiting period.
- Source
- Life Smart Platina Young Achiever policy document
- Page / section
- Pages 6–8 — exclusions and accidental disability condition
- Accessed
- 29 Aug 2026
- Confidence
- high
Key exclusionsSuicide within 12 months from commencement of risk or revival: death benefit is not payable; the higher of 80% of total premiums paid or surrender value is paid and the policy terminates. Proposer waiver is not applied for suicide within 12 months and excludes infection, drug/
The official page sets the 12-month suicide outcome and lists the waiver-of-premium exclusions, including infection, drug abuse, self-inflicted injury, criminal acts, war, military service, nuclear contamination, aviation and hazardous sports.
- Source
- Life Smart Platina Young Achiever — official product page
- Page / section
- Exclusions
- Accessed
- 29 Aug 2026
- Confidence
- high
Geographic limitsChild education savings; Life cover; Maturity benefitsView source
The manually reviewed product record states: “Child education savings; Life cover; Maturity benefits”.
- Source
- Life Smart Platina Young Achiever — official product page
- Page / section
- Published product metadata
- Accessed
- 23 Aug 2026
- Confidence
- high
Benefits and features
- Child education savings
- Life cover
- Maturity benefits
Eligibility
- Child 30 days–15 years; parent or guardian 18–65 years
Passing a listed condition does not mean the bank will approve an application.
Related official documents
SBI Life Smart Platina Young Achiever product brochureofficial-product-brochure · current · accessed 29 Aug 2026
↗SBI Life Smart Platina Young Achiever — official product pageofficial-product-page · current · accessed 29 Aug 2026
↗SBI Life Smart Platina Young Achiever policy documentofficial-policy-document · current · accessed 29 Aug 2026
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