SBI Life Insurance Expands Product Line with Two New Child Insurance Plans
SBI Life Insurance, one of India’s leading private life insurers, has launched two new child insurance products—‘SBI Life – Smart Future Star’ and ‘SBI Life – Smart Platina Young Achiever’—to help parents secure their child’s financial future. With the rising cost of education, evolving career aspirations, and increasing lifestyle expenses, these products aim to provide assured financial safeguards, ensuring children can pursue their dreams without financial constraints.
How to Avail These Plans?
Extensive network
Summary/Static | Details |
Why in the news? | SBI Life Insurance Expands Product Line with Two New Child Insurance Plans |
New Products Launched | ‘SBI Life – Smart Future Star’ & ‘SBI Life – Smart Platina Young Achiever’ |
Objective | Financial security for children’s education, career, and aspirations |
Smart Future Star | Participating Life Insurance Savings Product with bonuses and waiver of premium |
Smart Platina Young Achiever | Non-Participating Life Insurance with guaranteed maturity benefits |
Key Benefits | Waiver of premium, flexible maturity payout, risk-free savings (for Platina Young Achiever) |
SBI Life’s Commitment | Ensuring financial security, promoting financial independence, and supporting children’s aspirations |
How to Apply? | Visit SBI Life branches or apply online through official links |
Company Details | Established in 2000, registered with IRDAI in 2001, listed on BSE & NSE |
Social Responsibility | CSR in child education, healthcare, disaster relief, and environmental sustainability |
In a major diplomatic breakthrough, India and Pakistan have agreed to a full and immediate…
This Mother’s Day, ask yourself: “What’s the most meaningful gift you’ve ever given to your…
Mother’s Day is a heartfelt tribute to the unwavering love, resilience, and dedication of mothers…
The three flagship social security schemes under the Jan Suraksha Abhiyan — Pradhan Mantri Jeevan…
In a strong regulatory move, the Reserve Bank of India (RBI) has imposed monetary penalties…
On May 9, 2025, Uttar Pradesh Chief Minister Yogi Adityanath, in the presence of World…