{"uin":"111N171V04","name":"SBI Life – Smart Platina Supreme","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04","insurer":{"slug":"sbi-life-insurance","name":"SBI Life Insurance Company Limited","url":"https://indiainsurances.com/insurer/sbi-life-insurance"},"line":"life","category":"savings-life","category_name":"Endowment and savings plans","irdai_type":"Product","kind":"product","status":"active","approved_on":"2024-12-05","withdrawn_on":null,"summary":"SBI Life – Smart Platina Supreme is an individual non-linked non-participating life insurance savings product with life cover during the policy term and maturity benefit as guaranteed income plus 110% of total premiums paid. It offers Level or Increasing Guaranteed Income plan options, limited premium payment terms of 7, 8 or 10 years, and optional Accident Benefit and Waiver of Premium riders.","analysis":{"state":"machine","analysed_at":"2026-10-19 23:11:31.809723+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":"quote-verified","value":["Level Guaranteed Income Plan Option","Increasing Guaranteed Income Plan Option"],"display":"Level Guaranteed Income Plan Option; Increasing Guaranteed Income Plan Option","note":null,"quote":"The Income Plan Options available under the Base Policy are: ... Level Guaranteed Income Plan Option: The Guaranteed Income remains level throughout the Pay-out period. and ... Increasing Guaranteed Income Plan Option: The Guaranteed Income will increase every year at a simple interest rate of 5% per annum starting from second year of the Pay-out period.","sources":[{"clause":"5.1","heading":null,"page":25,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-5-1"},{"clause":"5.1.1","heading":"Level Guaranteed Income Plan Option","page":25,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-5-1-1"},{"clause":"5.1.2","heading":"Increasing Guaranteed Income Plan Option","page":25,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-5-1-2"}],"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":"Policy term is 8 to 12 years for a 7-year premium payment term, 9 to 13 years for an 8-year premium payment term, and 11 to 15 years for a 10-year premium payment term.","display":"8 to 12 years, 9 to 13 years, or 11 to 15 years depending on premium payment term","note":"From the product guide.","quote":"Premium Payment Term/ Policy Term / Pay-out Period (in Years) | Premium Payment Term Policy Term Pay-out Period 7 8 to 12 8 9 to 13 15 / 20 / 25 / 30 10 11 to 15\nPremium Payment Term | Policy Term | Pay-out Period\n7 | 8 to 12 | 15 / 20 / 25 / 30\n8 | 9 to 13\n10 | 11 to 15","sources":[{"clause":null,"heading":"Boundary Conditions","page":4,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15441#c-boundary-conditions"}],"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":"Claim under the base policy should be filed at the earliest possible time following the claim event. The policy says excessive delays may impact the claim settlement process.","display":"At the earliest possible time following the claim event","note":null,"quote":"Claim under the Base Policy should be filed with Us at the earliest possible time following the claim event. While We may condone any delays in intimation or submission of documents, excessive delays may impact the claim settlement process.","sources":[{"clause":"1.3","heading":null,"page":30,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-3-4"}],"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","Any other documents including post-mortem report, First Information Report, where applicable","Any other document which SBI Life may call, if found necessary in support of the claim"],"display":"Policy document, death certificate, claimant KYC and bank proof, claim forms, hospital records where applicable, post-mortem/FIR where applicable, and any other document SBI Life calls for","note":"These are the death claim documents.","quote":"We will require the following documents to process the claim ... 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 ... Any other documents including post-mortem report, First Information Report, where applicable ... Any other document which SBI Life may call, if found necessary in support of the claim.","sources":[{"clause":"1.2","heading":"We will require the following documents to process the claim","page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2-5"},{"clause":"1.2.1","heading":"Policy Document","page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2-1-2"},{"clause":"1.2.2","heading":"Valid death certificate from municipal / local authorities","page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2-2-3"},{"clause":"1.2.3","heading":"KYC documents of the Claimant","page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2-3-3"},{"clause":"1.2.4","heading":"Valid bank account proof of the Claimant","page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2-4-2"},{"clause":"1.2.5","heading":"Claimant’s statement and claim forms in prescribed formats","page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2-5-2"},{"clause":"1.2.6","heading":"Hospital records including discharge summary, etc., wherever applicable","page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2-6"},{"clause":"1.2.7","heading":null,"page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2-7"},{"clause":"1.2.8","heading":null,"page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2-8"}],"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 Turn Around Time URL for claims settlement, but no claim settlement time is printed in the clauses.","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":["In case of death due to suicide, within 12 months, from the Date of Commencement of Risk under the Base Policy or from the Date of Revival of the Base Policy as applicable, We will not pay the Death Benefit"],"display":"Suicide within 12 months from commencement of risk or revival: Death Benefit is not paid","note":"The policy wording prints this as the exclusion for the base policy.","quote":"In case of death due to suicide, within 12 months, from the Date of Commencement of Risk under the Base Policy or from the Date of Revival of the Base Policy as applicable, We will not pay the Death Benefit","sources":[{"clause":"15.1","heading":null,"page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-15-1"}],"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 toll-free/NRI helpline, or email wecare@sbilife.co.in. If not satisfied with the decision or no response is received within 15 days, write to the Grievance Redressal Officer before approaching the Insurance Ombudsman.","display":"Approach any office, call 1800 267 9090, or email wecare@sbilife.co.in; escalate after 15 days 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 ... You can also send an email to Us on wecare@sbilife.co.in Senior citizens can also write to Us on wecare.seniorcitizen@sbilife.co.in ... If You are not satisfied with the decision or have not received any response within 15 days, You may write to Us at:\nGrievance Redressal Officer","sources":[{"clause":"1","heading":null,"page":31,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-11"},{"clause":"2","heading":"You can also call Us on Our toll-free number","page":31,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-2-10"},{"clause":"3","heading":null,"page":31,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-3-9"},{"clause":"4","heading":null,"page":31,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-4-9"}],"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":"quote-verified","value":"Sum Assured is equal to 11 times the Annualized Premium. The minimum Sum Assured is Rs. 5,50,000; the maximum is Rs. 25 Lakhs for POSP & CPSC-SPV and no limit for other channels, subject to the Board Approved Underwriting Policy.","display":"11 times Annualized Premium; minimum Rs. 5,50,000; maximum Rs. 25 Lakhs for POSP & CPSC-SPV, no limit for other channels","note":"For POSP & CPSC-SPV, the prospectus notes a maximum Sum Assured on Death of `25,00,000 per life across all SBI Life policies sold through those channels.","quote":"Sum Assured is equal to 11 times the Annualized Premium. ... Sum Assured Minimum: `5,50,000/- | Maximum: For POSP & CPSC-SPV: `25 Lakhs@ For Other Channels: No Limit (as per the Board Approved Underwriting Policy)","sources":[{"clause":"1","heading":"Definitions","page":18,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2"},{"clause":null,"heading":"Who can avail this plan?","page":4,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15449#c-who-can-avail-this-plan"}],"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":"On death of the life assured during the policy term while the base policy is in-force, SBI Life pays Sum Assured on Death as a lump sum. It is the highest of Sum Assured, Annual Guaranteed Income x Factor 1 + 110% of Total Premiums Payable x Factor 2, or 105% of Total Premiums Paid up to the date of death.","display":"Lump sum Sum Assured on Death, highest of Sum Assured, Annual Guaranteed Income x Factor 1 + 110% of Total Premiums Payable x Factor 2, or 105% of Total Premiums Paid","note":"For Increasing Guaranteed Income Plan Option, annual Guaranteed Income of the first year of the Pay-out Period is considered for the formula.","quote":"On the death of the Life Assured during the Policy Term when the Base Policy is In-Force, We will pay the Sum Assured on Death as a lump sum, which is highest of the following provided the claim is found admissible and payable: ... Sum Assured, or ... Annual Guaranteed Income x Factor 1 + 110% of Total Premiums Payable x Factor 2, or ... 105% of the Total Premiums Paid up to the date of death.","sources":[{"clause":"1.1","heading":null,"page":24,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-1-2"},{"clause":"1.1.1","heading":"Sum Assured, or","page":24,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-1-1"},{"clause":"1.1.2","heading":"Annual Guaranteed Income x Factor 1 + 110% of Total Premiums Payable x Factor 2, or","page":24,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-1-2-2"},{"clause":"1.1.3","heading":null,"page":24,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-1-3"}],"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":"On survival of the life assured to the date of maturity while the base policy is in-force, the policy pays Guaranteed Income at the end of each income frequency during the pay-out period plus 110% of Total Premiums Paid at the end of the pay-out period. The policyholder or claimant may request the discounted value of future benefits as a lump sum.","display":"Guaranteed Income during the Pay-out Period plus 110% of Total Premiums Paid at the end of the Pay-out Period","note":"Three months before maturity, the policyholder can opt to receive Guaranteed Income at the beginning of each income frequency.","quote":"On the survival of the Life Assured till the Date of Maturity of Policy when the Base Policy is In-Force, We will pay the Maturity Benefit in form of Guaranteed Income at the end of each Income Frequency during the Pay-out Period plus 110% of the Total Premiums Paid at the end of the Pay-out Period. ... If You or the Claimant (on the death of the Life Assured) wishes to receive the future benefit as a lumpsum at any time during the Pay-out Period or at maturity, then, on Your/the Claimant’s written request, We will pay the discounted value of future benefits","sources":[{"clause":"3.1","heading":null,"page":25,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-3-1-2"},{"clause":"3.3","heading":null,"page":25,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-3-3-3"}],"law":[]},{"key":"premium_paying_term","label":"Premium paying term","section":"Premium","meaning":"For how many years you pay premiums.","status":"quote-verified","value":"Premium Payment Term options are 7, 8 or 10 years.","display":"7 / 8 / 10 years","note":null,"quote":"Premium Payment Term: << as allotted by system, 7 / 8 / 10 >> years","sources":[{"clause":"Row 4","heading":"Basic Policy Details","page":6,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-row-4"}],"law":[]},{"key":"maturity_age","label":"Maximum maturity age","section":"Eligibility","meaning":"The oldest age at which cover ends.","status":"quote-verified","value":"Maximum maturity age is 65 years for POSPs & CPSC-SPV and 75 years for other channels.","display":"Maximum 65 years for POSPs & CPSC-SPV; 75 years for Other Channels","note":"All age references are age as last birthday.","quote":"Maturity Age* Minimum: 18 (in Years) | Maximum: For POSPs & CPSC-SPV: 65 For Other Channels: 75","sources":[{"clause":null,"heading":"Who can avail this plan?","page":4,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15449#c-who-can-avail-this-plan"}],"law":[]},{"key":"suicide_clause","label":"Suicide clause","section":"Exclusions","meaning":"What is paid if death is by suicide within the first 12 months.","status":"quote-verified","value":"If death is due to suicide within 12 months from the date of commencement of risk or revival, SBI Life will not pay the Death Benefit. The claimant is entitled to the higher of 80% of Total Premiums Paid till death or the Surrender Value available on the date of death, if the base policy is in-force.","display":"Within 12 months: higher of 80% of Total Premiums Paid till death or Surrender Value; no Death Benefit","note":null,"quote":"In case of death due to suicide, within 12 months, from the Date of Commencement of Risk under the Base Policy or from the Date of Revival of the Base Policy as applicable, We will not pay the Death Benefit and the Claimant shall be entitled to the higher of 80% of the Total Premiums Paid till the date of death or the Surrender Value available as on date of death, provided the Base Policy is In-Force.","sources":[{"clause":"15.1","heading":null,"page":29,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-15-1"}],"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":"The policyholder may surrender an in-force or reduced paid-up base policy at any time during the policy term. If at least the first policy year's premium has been paid, SBI Life pays a Surrender Value equal to the higher of Guaranteed Surrender Value or Special Surrender Value; GSV is acquired only after at least first 2 full policy years' premiums have been paid.","display":"After first full policy year's premium for SSV; GSV after first 2 full policy years; higher of GSV or SSV is paid","note":null,"quote":"You may Surrender Your In-Force or Reduced Paid-Up Base Policy at any time during the Policy Term. ... If You have paid the Premium in full for at least the first Policy Year, then on Surrender of the Base Policy, We will pay You a Surrender Value which shall be higher of the Guaranteed Surrender Value (GSV) or Special Surrender Value (SSV). ... The Base Policy acquires Guaranteed Surrender Value only if at least first 2 full Policy Years’ Premiums have been paid. ... The Base Policy acquires an SSV after completion of first Policy Year only if at least first full Policy Year’s Premium(s) have been paid.","sources":[{"clause":"9.1","heading":null,"page":27,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-9-1"},{"clause":"9.2","heading":null,"page":27,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-9-2"},{"clause":"9.3","heading":null,"page":27,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-9-3"},{"clause":"9.5","heading":null,"page":27,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-9-5"}],"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":"If premiums have been paid for at least the first full policy year and a subsequent premium is unpaid after the grace period, the base policy becomes reduced paid-up. In reduced paid-up status, death benefit is the higher of Paid-Up Sum Assured on Death or 105% of Total Premiums Paid up to death, and maturity benefit is Paid-Up Guaranteed Income during the pay-out period plus 110% of Total Premiums Paid at the end of the pay-out period.","display":"Reduced paid-up after first full policy year premiums; death higher of Paid-Up Sum Assured on Death or 105% of Total Premiums Paid; maturity Paid-Up Guaranteed Income plus 110% of Total Premiums Paid","note":null,"quote":"If You have paid Premium(s) for at least first full Policy Year, but have not paid any subsequent Premium on the expiry of the Grace Period, then the Base Policy will immediately and automatically become Reduced Paid-Up on the expiry of the Grace Period. ... On the death of the Life Assured during the Policy Term when the Base Policy is in Reduced Paid-Up status, We will pay the higher of the following: ... Paid-Up Sum Assured on Death; or ... 105% of Total Premiums Paid up to the date of death. ... On the survival of the Life Assured till the Date of Maturity of Policy when the Base Policy is in Reduced Paid-Up status, We will pay the Maturity Benefit for Reduced Paid-Up policy in the form of Paid-Up Guaranteed Income during the Pay-out Period and 110% of the Total Premiums Paid at the end of the Pay-out Period.","sources":[{"clause":"8.1","heading":null,"page":26,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-8-1"},{"clause":"8.3","heading":null,"page":26,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-8-3"},{"clause":"8.3.1","heading":"Paid-Up Sum Assured on Death; or","page":26,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-8-3-1"},{"clause":"8.3.2","heading":null,"page":26,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-8-3-2"},{"clause":"8.4","heading":null,"page":26,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-8-4"}],"law":[]},{"key":"revival","label":"Revival period","section":"Renewal and rights","meaning":"How long after lapsing you can restart the policy.","status":"quote-verified","value":"A lapsed or reduced paid-up base policy can be revived during the revival period and before maturity while the life assured is alive. The Revival Period is 5 consecutive complete years from the due date of first unpaid premium, with written request, proof of continued insurability and payment of all due premiums with interest.","display":"Within 5 consecutive complete years from the due date of first unpaid Premium","note":"Revival is subject to declaration of good health, continued insurability and underwriting requirements.","quote":"Revival Period | is a period of 5 consecutive complete years from the due date of first unpaid Premium. ... You can Revive Your Lapsed or Reduced Paid-Up Base Policy during the Revival Period and before the Date of Maturity of Policy, provided the Life Assured is alive. ... You should write to Us during the Revival Period requesting for Revival of Your Base Policy. ... You have to pay all due Premiums, not paid during the Revival Period, till the Date of Revival, along with interest.","sources":[{"clause":"1","heading":"Definitions","page":18,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2"},{"clause":"10.1","heading":null,"page":28,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-10-1"},{"clause":"10.2","heading":null,"page":28,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-10-2"},{"clause":"10.4","heading":null,"page":28,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-10-4"}],"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 during the policy term if the base policy has acquired surrender value. The policy loan cannot exceed 50% of the surrender value as on the date of availing the policy loan.","display":"Available after Surrender Value is acquired; maximum 50% of Surrender Value","note":null,"quote":"You may apply for a loan against Your Base Policy during the Policy Term, if Your Base Policy has acquired the Surrender Value. ... Policy Loan shall not exceed 50% of the Surrender Value as on the date of availing the Policy Loan.","sources":[{"clause":"11.1","heading":null,"page":28,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-11-1"},{"clause":"11.2","heading":null,"page":28,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-11-2-2"}],"law":[]},{"key":"riders_available","label":"Riders available","section":"Cover","meaning":"Optional add-ons such as accidental death, critical illness or waiver of premium.","status":"quote-verified","value":["SBI Life – Accident Benefit Rider (UIN 111B041V01) Option A: Accidental Death Benefit (ADB)","SBI Life – Accident Benefit Rider (UIN 111B041V01) Option B: Accidental Partial Permanent Disability Benefit (APPD)","SBI Life – Waiver of Premium Rider (UIN 111B048V01)"],"display":"SBI Life – Accident Benefit Rider options ADB and APPD; SBI Life – Waiver of Premium Rider","note":"Riders are optional and apply only if chosen.","quote":"Rider(s) Chosen | << Not Applicable / SBI Life – Accident Benefit Rider (UIN 111B041V01) Option A: Accidental Death Benefit (ADB) / SBI Life – Accident Benefit Rider (UIN 111B041V01) Option B: Accidental Partial Permanent Disability Benefit (APPD) / SBI Life – Waiver of Premium Rider (UIN 111B048V01)>>","sources":[{"clause":null,"heading":"Base Policy information","page":13,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-base-policy-information"}],"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 later of issuance, commencement of risk, revival or rider date. Within 3 years it may be called in question for fraud or for material misstatement or suppression, with written communication of the grounds and materials.","display":"No policy can be questioned after 3 years; within 3 years for fraud or material misstatement/suppression with written grounds","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\nwhichever is later. ... On the ground of fraud, a policy of Life Insurance may be called in question within 3 years ... 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","sources":[{"clause":"01","heading":null,"page":39,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-01-3"},{"clause":"02","heading":null,"page":39,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-02-3"},{"clause":"06","heading":null,"page":39,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-06-3"}],"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 policy says the policyholder may be eligible for income tax benefits or exemptions as per applicable income tax laws in India, subject to change, and should consult a tax advisor.","display":"May be eligible for income tax benefits/exemptions; 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 are advised to consult Your tax advisor on applicable tax benefits under the Base Policy.","sources":[{"clause":"2.3","heading":null,"page":33,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-2-3-3"}],"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 a Free Look Period of 30 days beginning from the date of the receipt of the Policy Document, whether received electronically or otherwise, to review the terms and conditions of the Base Policy.","sources":[{"clause":"1.1","heading":null,"page":31,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#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":"quote-verified","value":{"unit":"days","amount":30},"display":"30 days for yearly and half yearly; 15 days for monthly","note":"The duration value is 30 days for yearly and half-yearly premium frequency; monthly premium frequency has 15 days.","quote":"You can pay Your due Premiums within a Grace Period of 30 days from the Premium Due Date in case of yearly and half yearly Premium Frequency and 15 days in case of monthly Premium Frequency.","sources":[{"clause":"6.1","heading":null,"page":26,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-6-1"}],"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":"quote-verified","value":"Minimum entry age is 3 years. Maximum entry age is 57 years for POSPs & CPSC-SPV and 60 years for other channels.","display":"Minimum 3 years; maximum 57 years for POSPs & CPSC-SPV, 60 years for Other Channels","note":"All age references are age as last birthday and the minimum entry age is subject to minimum maturity age.","quote":"Entry Age* Minimum: 3^ (in Years) | Maximum: For POSPs & CPSC-SPV: 57 For Other Channels: 60 ... *All the references to age are age as last birthday ^Subject to minimum maturity age.","sources":[{"clause":null,"heading":"Who can avail this plan?","page":4,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15449#c-who-can-avail-this-plan"},{"clause":"2","heading":"SBI Life – Waiver of Premium Rider (UIN","page":4,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15449#c-2"}],"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":["yearly","half yearly","monthly"],"display":"Yearly, half yearly or monthly","note":null,"quote":"Premium Frequency | is the period between two consecutive Premium Due Dates as stated in the Policy Schedule. The Premium Frequencies allowed are yearly, half yearly or monthly.","sources":[{"clause":"1","heading":"Definitions","page":18,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-1-2"}],"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":["Limited Premium Payment Term"],"display":"Limited premium payment","note":"Premium payment term options are 7, 8 or 10 years.","quote":"Please note that You have opted for a << Limited >> Premium Payment Term insurance Base Policy. ... Premium Payment Term: << as allotted by system, 7 / 8 / 10 >> years","sources":[{"clause":null,"heading":"Free Look Option","page":1,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-free-look-option"},{"clause":"Row 4","heading":"Basic Policy Details","page":6,"url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426#c-row-4"}],"law":[]},{"key":"guaranteed_benefits","label":"Guaranteed benefits","section":"Cover","meaning":"What is guaranteed, in rupees or as a formula, regardless of the insurer's performance.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"bonus","label":"Bonus type","section":"Cover","meaning":"Participating plans share profits as bonuses; these are NOT guaranteed.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"illustration_returns","label":"Illustrated returns","section":"Cover","meaning":"The benefit illustration at the IRDAI rates (4% and 8%); not a promise.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]},{"key":"money_back","label":"Survival or money-back payouts","section":"Cover","meaning":"Instalments paid during the term.","status":"not-stated","value":null,"display":null,"note":null,"quote":null,"sources":[],"law":[]}],"documents":[{"kind":"wording","label":"Policy Document","pages":51,"fetched_at":"2026-10-17 19:59:04+00","source_url":"https://www.sbilife.co.in/documents/d/sbil/sbi-life-smart-platina-supreme-v04_policy-document_with-form-no-822-1","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15426"},{"kind":"prospectus","label":"Product Brochure/Prospectus","pages":32,"fetched_at":"2026-10-17 19:59:48+00","source_url":"https://www.sbilife.co.in/documents/d/sbil/brochure-_smart-platina-supreme","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15449"},{"kind":"cis","label":"Customer Information Sheet (CIS)","pages":5,"fetched_at":"2026-10-17 20:00:42+00","source_url":"https://www.sbilife.co.in/documents/d/sbil/sbi-life-smart-platina-supreme-v04_cis-wop-_with-form-no-822-1","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15470"},{"kind":"brochure","label":"Product Guide","pages":4,"fetched_at":"2026-10-17 19:59:42+00","source_url":"https://www.sbilife.co.in/documents/d/sbil/sbi_life_-_smart_platina_supreme_leaflet_eng","url":"https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04/document/15441"}],"versions":[{"uin":"111N171V01","version":null,"approved_on":null},{"uin":"111N171V04","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 Platina Supreme (UIN 111N171V04), IndiaInsurances, https://indiainsurances.com/policy/sbi-life-insurance/sbi-life-smart-platina-supreme-111n171v04"}