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flag SBI Life launches Smart Platina Advantage, a life insurance plan with guaranteed payouts, tax benefits, and flexible terms for financial security.

flag SBI Life Insurance has launched Smart Platina Advantage, a non-linked, non-participating life insurance plan offering guaranteed annual additions, life coverage for 15, 20, or 30 years, and flexible premium payment options over 7 or 10 years. flag It provides a lump sum or installment payout at maturity for goals like education or retirement, with a death benefit paid in case of the policyholder’s demise during the term, optionally enhanced with an Accident Benefit Rider. flag The plan offers tax benefits under India’s Income Tax Act, 1961, and is part of SBI Life’s broader efforts to deliver predictable, accessible financial security through digital innovation and a wide distribution network.

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