Aditya Birla Sun Life
Super Term Plan
Sample premium
₹19,400 a year*
Term Life Insurance · head to head
Super Term Plan vs Smart Swadhan Supreme
SBI Life
Smart Swadhan Supreme
Sample premium
₹22,284 a year*
Quick verdict
- Super Term Plan is better for insurer's claim payout record.
- Super Term Plan is better for cover to an older age.
Computed from stored specifications, the published term life insurance scoring rules and recorded prices. Not an opinion.
Specifications side by side
Spec
Super Term Plan
Smart Swadhan Supreme
Eligibility
Minimum entry age
18 years
18 years
Maximum entry age
65 years
60 years
Maximum maturity age
85 years
75 years
Policy term
Regular Pay: 10 to 55 years; Limited Pay: PPT + 5 years to 55 years
RP: 10 to 30 years; LPPT-7 & 10: 15 to 30 years; LPPT-15: 20 to 30 years
Minimum sum assured
₹25,00,000
₹25,00,000
Maximum sum assured
No Limit (subject to Board Approved Underwriting Policy)
No Limit, subject to Board Approved Underwriting policy
Plan
Plan options
Level Cover, Increasing Cover, Level Cover with Return of Premium
—
Premium payment
Limited Pay (Plan Option 1 & 2: 5, 7, 10, 12, 15, 20 years and To age 60; Plan Option 3: 5, 10 & 15 years), Regular Pay; Annual / Semi-Annual / Quarterly / Monthly
Regular Premium or Limited Premium Payment Term of 7, 10 or 15 years; Yearly, Half-Yearly and Monthly
Return of premium option
Yes
Yes
Death benefit payout
Lumpsum; Monthly Income for 10/15/20 years; Partly as Lumpsum and Partly as Monthly Income for 10/15/20 years
Lumpsum
Riders
ABSLI Accidental Death and Disability Rider (UIN: 109B018V03), ABSLI Critical Illness Rider (UIN: 109B019V03), ABSLI Surgical Care Rider (UIN: 109B015V03), ABSLI Hospital Care Rider (UIN: 109B016V03), ABSLI Accidental Death Benefit Rider Plus (UIN: 109B023V02), ABSLI Waiver of Premium (UIN: 109B017V03)
SBI Life - Accident Benefit Rider (UIN 111B041V01), SBI Life - Waiver of Premium Rider (UIN 111B048V01)
Terminal illness benefit
Yes
—
Waiver of premium
Inbuilt Waiver of Premium on Accidental Total and Permanent Disability (life insured aged up to 70); brochure variant table also shows 'WOP on TI & ATPD' for all three options; ABSLI Waiver of Premium rider (CI or disability) optional
Optional SBI Life - Waiver of Premium Rider (UIN 111B048V01)
Premium
Sample annual premium
₹19,400
₹22,284
Sample premium is for
Male, standard life, non-smoker, age 30, Sum Assured Rs 1,00,00,000, cover till age 85 (55-year term, not the 30-year profile), Regular Pay, annual frequency, Level Cover option, death benefit lumpsum; premium excluding taxes and first-year discount, if any. Brochure gives no 30-year-term figure.
Brochure Illustration I: female (Miss Sharma), age 30, Sum Assured Rs 1,00,00,000, policy term 30 years, premium payment term 30 years, yearly, base policy instalment premium Rs 22,284 (Waiver of Premium Rider extra Rs 1,064). Smoker status not stated; brochure notes GST exemption for individual life policies w.e.f. 22 Sep 2025. NOTE: FEMALE profile; no male figure published.
Insurer
Death claims settled (insurer)
98.65%
98.34%
Claims figures for
FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
FY 2024-25: individual death claims paid out of claims decided and pending, by number, computed from IRDAI Handbook on Indian Insurance Statistics (Table 15)
IRDAI UIN
109N153V02
111N140V02
A tick marks the better value where the category rules say higher (or lower) is better. Text values are shown without a winner. Ties have no winner.
Pros and cons
Super Term Plan
- Pro: Return-of-premium option available
Smart Swadhan Supreme
- Pro: Return-of-premium option available
- Con: Cover ends earlier than 85% of the 27 term life insurance plans on Comparezi that state it (age 75)