{"uin":"111N149V06","name":"SBI Life - Smart Annuity Income","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06","insurer":{"slug":"sbi-life-insurance","name":"SBI Life Insurance Company Limited","url":"https://indiainsurances.com/insurer/sbi-life-insurance"},"line":"life","category":"pension-annuity","category_name":"Pension and annuity","irdai_type":"Product","kind":"product","status":"active","approved_on":"2024-09-17","withdrawn_on":null,"summary":"SBI Life – Smart Annuity Income is an individual, non-linked, non-participating general annuity product with single premium and five annuity options. It pays annuity instalments at the chosen yearly, half-yearly, quarterly or monthly frequency, with return of purchase price, surrender value and policy loan available only under the return-of-purchase-price options.","analysis":{"state":"machine","analysed_at":"2026-10-19 23:47:00.354929+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"not-stated","value":null,"display":null,"note":"The documents describe annuity options, not named plan variants.","quote":null,"sources":[],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"quote-verified","value":"The policy terminates at the earliest of death of the annuitant(s), surrender of the policy, or cancellation during the free-look period.","display":"Terminates on death of the Annuitant(s), surrender, or free-look cancellation.","note":null,"quote":"Your Policy will terminate at the earliest of the following\ni) on the death of the Annuitant(s) OR\nii) on Surrender of the Policy OR\niii) on the cancellation of Your Policy during Free Look Period.","sources":[{"clause":"3.1","heading":"Your Policy will terminate at the earliest of the following","page":24,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-3-1-4"}],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"For a death claim, the claimant should intimate the insurer in writing with at least the policy number, cause of death and date of death. A claim should be filed at the earliest possible time following the claim event.","display":"In writing for death claims; at the earliest possible time after the claim event.","note":null,"quote":"The Claimant should intimate Us about the death of the Annuitant in writing, stating at least the policy number, cause of death and date of death. ... Claim under the Policy should be filed with Us at the earliest possible time following the claim event.","sources":[{"clause":"2.1","heading":null,"page":22,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-1-3"},{"clause":"2.7","heading":null,"page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-7"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["Policy Document","Valid death certificate from municipal / local authorities","KYC documents of the Claimant","Valid Bank Account Proof of the Claimant","Claimant’s statement and claim forms in prescribed formats","Hospital records including discharge summary, etc., wherever applicable","Post-mortem report, First Information report where applicable","Any other document which We may call, if found necessary in support of the claim","Evidence of critical illnesses as per Annexure V","KYC documents (Photo ID and Address Proof)","Bank account details (bank statement/cancelled cheque)","Discharge Form."],"display":"Death claim: policy document, death certificate, claimant KYC and bank proof, claim forms, hospital/post-mortem/FIR documents where applicable, and other documents if required. Surrender claim: policy document, evidence of critical illness, KYC, bank details and discharge form.","note":null,"quote":"We will require the following documents to process the claim ... 2.6.1 Policy Document ... Valid death certificate from municipal / local authorities ... KYC documents of the Claimant ... Valid Bank Account Proof of the Claimant ... Claimant’s statement and claim forms in prescribed formats ... Hospital records including discharge summary, etc., wherever applicable ... Post-mortem report, First Information report where applicable ... Any other document which We may call, if found necessary in support of the claim ... We will require the following documents to process the surrender claim ... Policy Document, ... Evidence of critical illnesses as per Annexure V ... KYC documents (Photo ID and Address Proof) ... Bank account details (bank statement/cancelled cheque) ... Discharge Form.","sources":[{"clause":"2.6","heading":"We will require the following documents to process the claim","page":22,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-6-2"},{"clause":"2.6.1","heading":"Policy Document","page":22,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-6-1"},{"clause":"2.6.2","heading":"Valid death certificate from municipal / local authorities","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-6-2-2"},{"clause":"2.6.3","heading":"KYC documents of the Claimant","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-6-3"},{"clause":"2.6.4","heading":"Valid Bank Account Proof of the Claimant","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-6-4"},{"clause":"2.6.5","heading":"Claimant’s statement and claim forms in prescribed formats","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-6-5"},{"clause":"2.6.6","heading":"Hospital records including discharge summary, etc., wherever applicable","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-6-6"},{"clause":"2.6.7","heading":"Post-mortem report, First Information report where applicable","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-6-7"},{"clause":"2.6.8","heading":"Any other document which We may call, if found necessary in support of the claim","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-6-8"},{"clause":"3.3","heading":"We will require the following documents to process the surrender claim","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-3-3-3"},{"clause":"3.3.1","heading":null,"page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-3-3-1"},{"clause":"3.3.2","heading":"Evidence of critical illnesses as per Annexure V","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-3-3-2-2"},{"clause":"3.3.3","heading":"KYC documents (Photo ID and Address Proof)","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-3-3-3-2"},{"clause":"3.3.4","heading":"Bank account details (bank statement/cancelled cheque)","page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-3-3-4"},{"clause":"3.3.5","heading":null,"page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-3-3-5"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"not-stated","value":null,"display":null,"note":"The CIS points to a downloadable Turn Around Time (TAT) PDF but does not print a claim settlement time in these documents.","quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["Not Applicable"],"display":"Not Applicable","note":null,"quote":"6. | Exclusions (events where insurance coverage is not payable), if any. | Not Applicable","sources":[{"clause":"Row 6","heading":"Exclusions (events where insurance coverage is not payable), if any.","page":6,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-row-6"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"For a query, complaint or grievance, the policyholder may approach any SBI Life office, call the helplines or email wecare@sbilife.co.in. If not satisfied with the decision or no response is received within 15 days, the policyholder may write to the Grievance Redressal Officer before approaching the Insurance Ombudsman after 1 month where applicable.","display":"Approach SBI Life offices/call/email first; if unresolved or no response within 15 days, write to the Grievance Redressal Officer.","note":null,"quote":"If You have any query, complaint or grievance, You may approach any of Our offices. ... You can also call Us on Our toll-free number: 1800 267 9090 and helpline for NRI customers: +91-22 6928 9090 (Customer Service Timing: 24X7 and these timings are subject to change) ... You can also send an email to Us on wecare@sbilife.co.in ... If You are not satisfied with Our decision or have not received any response within 15 days, You may write to Us at:\nGrievance Redressal Officer SBI Life Insurance Company Limited Central Processing Centre, ... In case You are not satisfied with Our decision or have not received a response within 1 month from the date of filing Your complaints with Us and the issue pertains to Rule 13 and 14(3) of Insurance Ombudsman Rules, 2017, You may approach the Insurance Ombudsman.","sources":[{"clause":"1","heading":null,"page":24,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-1-8"},{"clause":"2","heading":"You can also call Us on Our toll-free number","page":24,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-13"},{"clause":"3","heading":"You can also send an email to Us on wecare@sbilife.co.in","page":24,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-3-7"},{"clause":"4","heading":null,"page":24,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-4-8"},{"clause":"5","heading":null,"page":25,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-5-8"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"sum_assured","label":"Sum assured","section":"Cover","meaning":"The minimum and maximum life cover, or the rule that sets it (for example 10 times the annual premium).","status":"not-applicable","value":null,"display":null,"note":"This is a general annuity product; the documents state annuity and death benefits by annuity option, not a sum assured or life cover amount.","quote":null,"sources":[],"law":[]},{"key":"death_benefit","label":"Death benefit","section":"Cover","meaning":"What your family gets if you die during the term, and how it is calculated.","status":"quote-verified","value":"Death benefit depends on the annuity option chosen. Single Life Annuity and Joint Life Annuity pay no death benefit; Single Life Annuity with Return of Purchase Price pays the Purchase Price to the Claimant; Joint Life Annuity with Return of Purchase Price pays the Purchase Price on death of the last surviving annuitant; NPS - Family Income refunds the Purchase Price to the Nominee if no such family member exists upon the death of the last survivor.","display":"Based on annuity option: no death benefit for Single Life or Joint Life without ROP; Purchase Price for ROP options; NPS - Family Income refunds Purchase Price to nominee if no eligible family member exists.","note":null,"quote":"Death Benefit: Based-on Annuity Option chosen 1. Single Life Annuity: No benefit is payable 2. Single Life Annuity with Return of Purchase Price: Purchase Price is paid to the Claimant. 3. Joint Life Annuity: No benefit is payable 4. Joint Life Annuity with Return of Purchase Price: On death of last surviving Annuitant, Purchase Price is paid to the Claimant 5. NPS - Family Income: In case no such family member exists upon the death of the last survivor, Purchase Price is paid to the Nominee.","sources":[{"clause":"Row 5","heading":"Policy Coverage / Benefits Payable","page":5,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-row-5"}],"law":[]},{"key":"maturity_benefit","label":"Maturity benefit","section":"Cover","meaning":"What you get if you survive to the end of the term.","status":"quote-verified","value":"Maturity benefit is not applicable.","display":"Not Applicable","note":null,"quote":"Maturity Benefit: Not Applicable","sources":[{"clause":"Row 5","heading":"Policy Coverage / Benefits Payable","page":5,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-row-5"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"quote-verified","value":"The premium or purchase price is paid only once at the Date of Commencement of Policy.","display":"Single premium, paid only once at Date of Commencement of Policy.","note":null,"quote":"The Premium or Purchase Price is required to be paid only once at the Date of Commencement of Policy.","sources":[{"clause":"1.1","heading":null,"page":18,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-1-1"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"not-applicable","value":null,"display":null,"note":"This is an annuity policy with no maturity benefit or maturity date; it terminates on death of the annuitant(s), surrender, or free-look cancellation.","quote":null,"sources":[],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"not-stated","value":null,"display":null,"note":"No suicide clause was found in the policy wording; the CIS states exclusions are not applicable.","quote":null,"sources":[],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 21","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 35","url":"https://indiainsurances.com/law/irdai-life-products-2024"}]},{"key":"surrender","label":"Surrender value","section":"Renewal and rights","meaning":"What you get if you stop the policy early, and from when.","status":"quote-verified","value":"Surrender value is only available for Single Life Annuity with Return of Purchase Price and Joint Life Annuity with Return of Purchase Price. The policy can be surrendered after six months from commencement if the annuitant, spouse or child is diagnosed with a specified critical illness, and on approval 95% of the Purchase Price is paid after deduction of outstanding loan amount and loan interest, if any.","display":"Only for Single/Joint Life Annuity with Return of Purchase Price; after six months on specified critical illness; 95% of Purchase Price less outstanding loan/interest.","note":"If an annuity policy is taken from NPS corpus, surrender or cancellation is subject to PFRDA guidelines.","quote":"Surrender Value is only available for Single Life Annuity with Return of Purchase Price and Joint Life Annuity with Return of Purchase Price. ... The policy can be surrendered any time after six months from the Date of Commencement, if the annuitant/primary annuitant / secondary annuitant or the spouse or any of the children of the annuitant is diagnosed as suffering from any of the Critical Illnesses specified in Annexure V of the policy document ... On approval of Surrender, 95% of the Purchase Price shall be paid to the annuitant, subject to deduction of outstanding loan amount and loan interest, if any.","sources":[{"clause":"4.1.3","heading":null,"page":21,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-4-1-3-2"},{"clause":"4.1.4","heading":null,"page":21,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-4-1-4"},{"clause":"4.1.5","heading":null,"page":21,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-4-1-5"}],"law":[{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.1 to 26.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 26.4 and 26.5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 27","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.3","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.16 and 1.17","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(1) to (3)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(4) and (5)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(A)(a)(6) to (9)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 4(B)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 2(A)(vi)(c)(V)","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"paid_up","label":"Paid-up value","section":"Renewal and rights","meaning":"What cover continues if you stop paying premiums after a few years.","status":"quote-verified","value":"Paid-up value is not applicable.","display":"Not Applicable","note":null,"quote":"10. | Lapse, Paid-Up and Revival of the Policy | Not Applicable","sources":[{"clause":"Row 10","heading":"Lapse, Paid-Up and Revival of the Policy","page":6,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-row-10"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"Revival is not applicable.","display":"Not Applicable","note":null,"quote":"10. | Lapse, Paid-Up and Revival of the Policy | Not Applicable","sources":[{"clause":"Row 10","heading":"Lapse, Paid-Up and Revival of the Policy","page":6,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-row-10"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.1 and 40.1.2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.4","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.6","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 40.1.7","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.10","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.28","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.39","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"policy_loan","label":"Policy loan","section":"Renewal and rights","meaning":"Whether you can borrow against the policy.","status":"quote-verified","value":"Policy loan is available only for Single/Joint Life Annuity with Return of Purchase Price after six months from the Date of Commencement of Policy. The maximum loan is such that the effective annual interest amount on the loan does not exceed 50% of the annuity amount payable in a year, and loan interest is recovered from annuity instalments.","display":"Available only for Single/Joint Life Annuity with Return of Purchase Price, after six months; annual interest cannot exceed 50% of yearly annuity.","note":"Under Joint Life Annuity Option, the loan can be availed by the Primary Annuitant and after the Primary Annuitant's death by the Secondary Annuitant.","quote":"Loan facility is only available for Single/Joint Life Annuity with Return of Purchase Price. ... Loan can be availed any time after six months from the Date of Commencement of Policy. The maximum amount of loan that can be granted under the Policy shall be such that the effective annual interest amount payable on loan does not exceed 50% of the Annuity amount payable in a year under the Policy. ... The loan interest will be recovered from the Annuity Installment amount payable under the Policy.","sources":[{"clause":"4.2.1","heading":null,"page":21,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-4-2-1-4"},{"clause":"4.2.2","heading":null,"page":21,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-4-2-2-2"},{"clause":"4.2.5","heading":null,"page":21,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-4-2-5"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"not-stated","value":null,"display":null,"note":"The CIS says 'Rider Opted for | Not Applicable', but the documents do not state a list of riders available for this product.","quote":null,"sources":[],"law":[]},{"key":"section45","label":"Claims after 3 years (Section 45)","section":"Claims","meaning":"After 3 years a life policy cannot be questioned on any ground, and only for fraud with proof before that.","status":"quote-verified","value":"No life insurance policy can be called in question on any ground after expiry of 3 years from the date of issuance, commencement of risk, revival or rider, whichever is later. Within 3 years it may be questioned on fraud, and within 3 years on material misstatement or suppression, with written communication of the grounds and materials; for non-fraud misstatement repudiation, premium collected is paid within 90 days.","display":"After 3 years, policy cannot be called in question on any ground; within 3 years, fraud or material misstatement grounds apply.","note":null,"quote":"No Policy of Life Insurance shall be called in question on any ground whatsoever after expiry of 3 yrs from\na) the date of issuance of policy or\nb) the date of commencement of risk or\nc) the date of revival of policy or\nd) the date of rider to the policy whichever is later. ... On the ground of fraud, a policy of Life Insurance may be called in question within 3 years from ... For this, the insurer should communicate in writing to the insured or legal representative or nominee or assignees of insured, as applicable, mentioning the ground and materials on which such decision is based. ... Life insurance Policy can be called in question within 3 years on the ground that any statement of or suppression of a fact material to expectancy of life of the insured was incorrectly made ... In case repudiation is on ground of mis-statement and not on fraud, the premium collected on policy till the date of repudiation shall be paid to the insured or legal representative or nominee or assignees of insured, within a period of 90 days from the date of repudiation.","sources":[{"clause":"01","heading":null,"page":32,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-01-3"},{"clause":"02","heading":null,"page":32,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-02-3"},{"clause":"06","heading":null,"page":32,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-06-3"},{"clause":"07","heading":null,"page":33,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-07-3"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 45","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Para 10","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.6","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"tax_note","label":"Tax note in the document","section":"Premium","meaning":"What the document says about tax benefits. Not stated when it only says taxes are charged on the premium. Tax law changes; confirm separately.","status":"quote-verified","value":"The policyholder may be eligible for income tax benefits or exemptions as per applicable Indian income tax laws, which may change from time to time, and may consult a tax advisor.","display":"May be eligible for income tax benefits/exemptions as per applicable income tax laws; consult tax advisor.","note":null,"quote":"You may be eligible for income tax benefits/exemptions as per the applicable income tax laws in India, which are subject to change from time to time. You may consult Your tax advisor on applicable tax benefits under the Policy.","sources":[{"clause":"2.3","heading":null,"page":26,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-2-3-4"}],"law":[]},{"key":"free_look","label":"Free-look period","section":"Renewal and rights","meaning":"Days after you receive the policy in which you can return it for a refund if you do not agree with its terms.","status":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days","note":null,"quote":"You have the Free Look Period of 30 days beginning from the date of receipt of this Policy Document, whether received electronically or otherwise, to review the terms and conditions of the Policy.","sources":[{"clause":"1.1","heading":null,"page":23,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-1-1-5"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 5","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(1), 20(2)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, II.8","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grace_period","label":"Grace period","section":"Renewal and rights","meaning":"Days you get after the due date to pay without losing cover or continuity.","status":"not-applicable","value":null,"display":null,"note":"This is a single premium policy, so there is no future premium due date for a grace period.","quote":null,"sources":[],"law":[{"title":"The Insurance Act, 1938","section":"Section 50","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 8","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 9","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 8","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule I, Para 1.2","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 1.3","url":"https://indiainsurances.com/law/irdai-products-regs-2024"}]},{"key":"eligibility_entry_age","label":"Entry age","section":"Eligibility","meaning":"The youngest and oldest age at which you can buy this policy.","status":"not-stated","value":null,"display":null,"note":"The documents state the product is available for NPS subscribers and that joint-life annuity options allow a maximum age difference of 30 years, but they do not print the youngest and oldest entry ages.","quote":null,"sources":[],"law":[]},{"key":"premium_modes","label":"Premium payment options","section":"Premium","meaning":"How often you can pay: yearly, half-yearly, quarterly, monthly.","status":"quote-verified","value":["Single Premium"],"display":"Single Premium","note":null,"quote":"Mode of Premium Payment: Single Premium","sources":[{"clause":"Row 4","heading":"Basic Policy Details","page":5,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-row-4"}],"law":[]},{"key":"premium_type","label":"Premium payment type","section":"Premium","meaning":"Single premium, regular premium (every year of the term) or limited premium (fewer years than the term).","status":"quote-verified","value":["Single Premium"],"display":"Single Premium","note":null,"quote":"Please note this is a Single Premium payment insurance policy.","sources":[{"clause":null,"heading":"WELCOME LETTER","page":1,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-welcome-letter"}],"law":[]},{"key":"annuity_options","label":"Annuity options","section":"Cover","meaning":"Life annuity, joint life, return of purchase price, increasing annuity...","status":"quote-verified","value":["Single Life Annuity","Single Life Annuity with Return of Purchase Price","Joint Life Annuity","Joint Life Annuity with Return of Purchase Price","NPS - Family Income"],"display":"Single Life Annuity; Single Life Annuity with Return of Purchase Price; Joint Life Annuity; Joint Life Annuity with Return of Purchase Price; NPS - Family Income.","note":null,"quote":"There are 5 Annuity Options available under the Policy as mentioned below and once chosen the same cannot be changed. The Annuity Option selected by You is mentioned above under “Basic Policy Details”. 1. Single Life Annuity 2. Single Life Annuity with Return of Purchase Price 3. Joint Life Annuity 4. Joint Life Annuity with Return of Purchase Price 5. NPS - Family Income","sources":[{"clause":"Row 7","heading":"Option available","page":6,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-row-7"}],"law":[]},{"key":"purchase_price_min","label":"Minimum purchase price","section":"Eligibility","meaning":"Smallest lump sum or annuity accepted.","status":"quote-verified","value":"Minimum premium or purchase price is the amount required so that the annuitant(s) can be paid the minimum annuity as per the payment mode and PFRDA guidelines: monthly INR 1,000, quarterly INR 3,000, half-yearly INR 6,000 and annual INR 12,000. There is no limit for maximum premium or purchase price under the product.","display":"Minimum purchase price is set by minimum annuity: monthly INR 1,000, quarterly INR 3,000, half-yearly INR 6,000, annual INR 12,000; no maximum purchase price.","note":"The prospectus says the minimum annuity may go below these limits for NPS subscribers regulated by PFRDA.","quote":"Premium/ Purchase Price: Minimum premium/ purchase price for any type of annuity will be such that the annuitant(s) can be paid minimum annuity as per the annuity payment mode and as per Pension Fund Regulatory and Development Authority (PFRDA) guidelines for National Pension System (NPS) subscribers. There is no limit for maximum premium/purchase price under the product. ... Annuity Pay Mode Monthly | Minimum Annuity Per Instalment INR 1,000\nQuarterly | INR 3,000\nHalf-Yearly | INR 6,000\nAnnual | INR 12,000","sources":[{"clause":null,"heading":"Eligibility Criteria","page":2,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15425#c-eligibility-criteria"}],"law":[]},{"key":"deferment","label":"Deferment period","section":"Cover","meaning":"For deferred plans, how long before income starts.","status":"quote-verified","value":"No deferment period is stated as a deferred annuity. Annuity payments are in arrears, so the first annuity payment starts after the modal duration.","display":"No deferred period stated; first payment starts after the modal duration because payments are in arrears.","note":null,"quote":"Payments shall be in arrears only, which means that the first annuity payment will start after the modal duration.","sources":[{"clause":null,"heading":"Annuity payment Modes","page":8,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15425#c-annuity-payment-modes"}],"law":[]},{"key":"annuity_frequency","label":"Payout frequency","section":"Cover","meaning":"Monthly, quarterly, half-yearly, yearly.","status":"quote-verified","value":["yearly","half-yearly","quarterly","monthly"],"display":"Yearly, half-yearly, quarterly or monthly.","note":null,"quote":"The Annuity Payment Frequencies available under this Policy are yearly, half-yearly, quarterly or monthly.","sources":[{"clause":"1","heading":"Definitions","page":16,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399#c-1-2"}],"law":[]},{"key":"annuity_rate_example","label":"Example annuity rate","section":"Cover","meaning":"An example from the document; rates change with age and over time.","status":"quote-verified","value":"For monthly annuity payouts at age 60 years for a purchase price of `10 Lakh, the prospectus example shows Single Life Annuity monthly annuity amount of `6,423 and death benefit '-'.","display":"Age 60, purchase price `10 Lakh: Single Life Annuity monthly annuity `6,423.","note":"This is an example from the prospectus; annuity depends on the option, age, frequency, prevailing rates and purchase price.","quote":"Monthly Annuity Payouts @ Age 60 Years for Purchase Price of `10 Lakh\nOption No. 1. | Annuity Option Single Life Annuity | Monthly Annuity Amount (`) 6,423 | Death Benefit (death of single or both annuitants, as applicable) -","sources":[{"clause":null,"heading":"Sample Illustration","page":5,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15425#c-sample-illustration"}],"law":[]}],"documents":[{"kind":"wording","label":"Policy Document","pages":41,"fetched_at":"2026-10-17 19:58:14+00","source_url":"https://www.sbilife.co.in/documents/d/sbil/sbi-life-smart-annuity-income_v06_policy-document_pol-doc-no_840_pdf_sample","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15399"},{"kind":"prospectus","label":"Product Brochure/Prospectus","pages":20,"fetched_at":"2026-10-17 19:59:08+00","source_url":"https://www.sbilife.co.in/documents/d/sbil/sbi_life_-_smart_annuity_income_brochure_eng","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15425"},{"kind":"cis","label":"Customer Information Sheet (CIS)","pages":3,"fetched_at":"2026-10-17 19:59:54+00","source_url":"https://www.sbilife.co.in/documents/d/sbil/sbi-life-smart-annuity-income_v06_cis_pdf_sample","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15446"},{"kind":"brochure","label":"Product Guide","pages":4,"fetched_at":"2026-10-17 19:58:52+00","source_url":"https://www.sbilife.co.in/documents/d/sbil/sbi_life_-_smart_annuity_income_leaflet_eng","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06/document/15415"}],"versions":[{"uin":"111N149V01","version":null,"approved_on":null},{"uin":"111N149V06","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"SBI Life Insurance official website","url":"https://www.sbilife.co.in/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claim forms","url":"https://www.sbilife.co.in/customer-services/download-centre/claim-forms?category=286971","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.sbilife.co.in/grievances","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"renew","kind":"insurer","name":"Pay renewal premium","url":"https://www.sbilife.co.in/SmartCare/pre/pay-renewal","note":null}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"SBI Life - Smart Annuity Income (UIN 111N149V06), IndiaInsurances, https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-annuity-income-111n149v06"}