SBI Life Smart Swadhan plus is a term insurance plan that offers you financial protection against death during the policy term. It also offers you the flexibility to choose the policy term and sum assured. The policy term can be 5, 10, 15 or 20 years. The sum assured can be chosen from a minimum of Rs. 5 lakhs to a maximum of Rs. 1 crore. The premium for this policy is very affordable and starts from as low as Rs. 9 per day for a sum assured of Rs. 5 lakhs. This policy also offers you the benefit of an inbuilt critical illness rider. In case you are diagnosed with any of the critical illnesses covered under this rider, the sum assured under this rider will be paid to you. This rider is available at an additional premium. The premium for this rider starts from Rs. 1 per day for a sum assured of Rs. 5 lakhs.