SBI Life Insurance launches SBI Life - Smart Platina Advantage guaranteed savings plan.

Exam-focused facts from the 20 January 2026 current affairs briefing.

Key facts

SBI Life - Smart Platina Advantage is an individual, non-linked, non-participating life insurance savings product offering long-term guaranteed benefits and life insurance protection throughout the policy term.
The product provides assured guaranteed additions every policy year and allows premium payment for a limited period while maintaining life cover for the entire policy term.
Tax benefits are available as per applicable provisions of the Income Tax Act, 1961.
Policyholders can opt to receive maturity proceeds in instalments, providing post-maturity liquidity and financial flexibility.