The design report on the relative study between two plans of two different companies furnishing analogous benefits to the policyholder and the two plans are as follows: (1) Assured Income Plus of ABSLI and (2) Smart Platina Plus of SBI. This study helps gain knowledge of the benefits handed out by plans and their comparison as to which plan gives the maximum returns in different scenarios. Assured Income Plus provides an investor with an income benefit, defined as a fixed chance of annualized decoration as per the frequency of pay-eschewal chosen by the investor. It safeguards a family’s fiscal future throughout their lives. In this design report, I have compared the benefits of two analogous plans of two different companies, Assured Income Plus of ABSLI and Smart Platina Plus of SBI, with the help of secondary data, taking two variables, age and decoration quantum, and chancing the result by doing data analysis and interpretation with the help of tables and graphs.
