SBI Life Introduces 'Smart Platina Advantage' Guaranteed Savings and Insurance Plan

SBI Life Insurance has launched 'SBI Life - Smart Platina Advantage', a non-linked, non-participating life insurance savings plan offering long-term guaranteed benefits and life cover throughout the policy term. The product allows premium payments for a limited period, provides tax benefits under the Income Tax Act, 1961, and offers maturity proceeds in instalments for financial flexibility. It aims to help individuals plan for milestones like education, retirement, and corpus creation with assured additions each policy year.