Smart Value Income & Benefit Enhancer Plan
A savings plan that combines income and enhanced benefits with life cover, as per the selected option.
Savings with incomeKey features
- Income benefit options
- Life cover
- Benefits defined by option and policy terms
Benefits of this plan
Goal based savings+
Plan for a child's education, marriage, or retirement income.
Life cover included+
Your family receives a benefit if something happens during the term.
Disciplined investing+
Regular premiums build a corpus over time.
Tax benefits+
As per prevailing tax laws.
How to buy through SP Insurance
- 1Share your goal, budget and how many years you can pay
- 2We get the official benefit illustration for your age and term
- 3Check guaranteed and non-guaranteed values with our advisor
- 4Submit KYC and the proposal; pay the first premium
- 5Receive the policy and set reminders for every renewal
Plan video
The official video for Smart Value Income & Benefit Enhancer Plan will appear here soon. Ask our advisor for a quick explanation on call.
How and when the claim is paid
- 1On maturity, the insurer pays the maturity benefit to your bank account after you submit the discharge form and bank proof
- 2On death during the term, the nominee submits the claim form, death certificate, policy and bank details
- 3Payouts follow the benefit illustration and policy terms; our team helps with every form
Check before you buy
- Guaranteed benefits and non-guaranteed bonuses are shown separately in the benefit illustration
- Entry age, premium payment term and policy term depend on the variant chosen
- Surrender in early years can return less than the premiums paid
Family financial planning starts here
Savings & Investment
Smart Value Income & Benefit Enhancer Plan
Fill in the plan details and your name, mobile and email, then press Calculate. Your estimate and a branded PDF will appear here.
Approximate figures without discounts or benefits. The insurer sets the final premium after underwriting. Returns at 4% and 8% are illustrative, not guaranteed.
This page is a summary prepared by SP Insurance. The insurer's current brochure, prospectus and policy wording are the final reference for benefits, eligibility and exclusions.