The SBI Life Insurance Company is a joint venture between State Bank of India (74%) and BNP Paribas Cardif (26%). SBI is the largest state-owned banking and financial services company in India. BNP Paribas is a French multinational bank and financial services company. The global headquarters of BNP Paribas is located in Paris. The company was started as a joint venture with BNP Paribas in the year 2001. While in its initial stage, the business was mainly from bancassurance channel, and now SBI Life Insurance company is developing its own agency team for selling their insurance products. The SBI has a paid-up capital of Rs. 1000 crores and an authorised capital of Rs. 2000 crores.
SBI Life Insurance Company is one of the largest company and most trusted companies in India. The main vision of the State Bank of India Life Insurance is to provide protection to their customers and helps in financial needs and to become most preferred life insurance provider.
SBI Life Insurance Company
Along with its 5 Associate Banks, SBI consists of more than 18,000 branches along with its associated branches which is the largest banking network in India. The company consists of 7,335 on-roll employees and 96,000 agents. BNP Paribas Cardif is one of the oldest foreign banks which is a Euro zone’s leading Bank. The company also has joint partnerships in Asia. The mission of the company is to emerge as the leading company offering a comprehensive range of life insurance and pension products at competitive prices, ensuring high standards of customer satisfaction and world-class operating efficiency. The CEO and Managing Director of the company are Mr Arijit Basu.
The Insured should be either a Self- employed, Salaried, a professional or have your own business to avail one of the SBI Life Insurance policy. You will get a 1 crore life cover by paying Rs. 18/- per day. To know more about SBI Life products, SBI online services, etc. read the complete article.
SBI Life Products
SBI Life Insurance Company provides various products to their customers of all types of ages. The SBI Life products are Online plans, Savings Plans, Protection plans, Child Plans, Retirement Plans, and Unit Linked plans. The details of each of these plans are mentioned in detail below.
SBI Life Insurance Child Plans
If you have children then you have to think about their future to fulfil their dreams. These provides assured benefits that are payable during the term policy. The SBI Life Insurance Child Plans reduces the risk at the time of your Children’s Education and Marriage. The Child Plans of SBI provides financial support to your children in case of unfortunate/ sudden death of the Policyholder. State Bank of India provides two policies under child plans category.
List of SBI Child Plans
- SBI Life Smart Champ Insurance Plan (Non-Linked Participating Life Insurance Plan).
- The SBI Life Insurance Smart Scholar Plan (Unit Linked Child Plan).
SBI Life Savings Plans
The SBI Life Savings Plan is an Investment plan in which the policyholder contributes money on a regular basis to reach a financial goal on a term basis. The Savings plans offered by SBI Life gives you a regular tax-free income at guaranteed rate of returns. SBI Life also provides added advantage of life cover and regular cash inflow at the time to the policyholder need. These plans offers a chance to save you money steadily in small amounts and helps insured to realise dreams and protect his/her loved ones from life’s uncertainties.
List of SBI Savings Plans
- Smart Women Advantage.
- SBI Life Smart Humsafar.
- CSC Saral Sanchay.
- SBI Life Smart Swadhan Plus.
- Smart Money Planner.
- SBI Life Smart Guaranteed Savings Plan.
- Smart Income Protect.
- SBI Life Smart Money Back Gold.
- Shubh Nivesh Plan.
- Saral Swadhan+.
- Flexi Smart Plus.
SBI Retirement Plans
The SBI Life Pension Plans ensures you to continue celebrating your life even after retirement with the family. To help you to continue your life in a joyful way with your Children, Grand Children, Colleagues, Friends, Relatives SBI Life Insurance Company has introduced the SBI Life Pension Plans.
List of SBI Pension Plans
The Various Pension Plans offered by SBI Insurance Company are
- Saral Pension Plan.
- SBI Life-Retire Smart.
- Annuity Plus Pension Plan.
SBI Life Protection Plans
Protection Plans of SBI company are low cost insurance plans which are specially designed to provide full protection & financial stability to your family in case of any unfortunate events. SBI Life provides a range of attractive protection plans so that you can continue to celebrate life without worrying about the uncertainities of life.
List of SBI Protection Plans
- eIncome Shield.
- Saral Shield.
- SBI Life Smart shield plan.
- Grameen Bima Policy.
- SBI Life-eShield.
About SBI Online Plans
SBI Life Insurance company now brings to you a range of Online Plans that are affordable, paperless, and convenient. The Insured can choose a pure insurance term plan, a wealth creation with insurance plan or an annuity plan to gift a regular income and security for yourself and also your loved ones.
SBI Online Plans List
- SBI Life-eIncome shield.
- eWealth Insurance.
- Annuity plus.
- SBI e Shield plan.
SBI Life Insurance Unit Linked Plans
Unit Linked Insurance Plans of SBI are long term investment cum protection plans. These offer you an opportunity of availing market linked returns while providing life insurance protection. To fulfill your long term dreams, SBI Life presents you a wide range of ULIPs so that you continue to Celebrate your life. Depending on your risk appetite, you have the option of choosing from host of funds having varied degree of risk exposure.
List of SBI ULIPs
- SBI Life Smart Privilege.
- eWealth Insurance plan.
- Smart Wealth Builder.
- SBI Smart Wealth Assure plan.
- Saral Maha Anand.
- SBI Life-Smart Scholar.
- Smart Elite.
- SBI Smart Power Insurance plan.
SBI Life Online Services
To reduce the effort and save time of the policyholders, SBI Life Insurance Company has started online services. In today’s generation, the Customers preferred online mode to offline mode. These online services are convenient, quicker and safest way that can be accessible from any corner of the world through Internet facility. The online services provided by the SBI Life Insurance company are
- SBI Life Login.
- Online Premium Payment.
- SBI Policy Status Online.
SBI Customer Login
The policyholder can login by visiting the company website www.sbilife.co.in. To renew your policy or to check the current status in online mode, SBI Life Login is mandatory. The SBI Life Insurance has given the 4 different Login Portals like SBI Customer Login, Group Customer, Corporate, Partners Login Portal. Therefore, by using the SBI Life Login, you can Login to your account from anywhere & anytime you want. In order to register, the details to be filled which are given below
- Policy Number.
- Email ID / Mobile number.
- Date & Term of the Policy.
- Date of Birth of the policyholder.
- Sum Assured / Face Amount (if applicable).
SBI Life Insurance Policy Status
The Policyholder can know the details like Claim Status, Premium Payment, No. of Premiums, Expiry Date of the Policy etc. using this SBI Life Policy Status. The Insured can check the SBI Policy Status Online by using the Login, Online Chat, Click 2 Call options. To check the status of your registered policy, you have to mention the following details such as Policy Number, Date of Birth, and Email Id.
SBI Life Insurance Online Payment
SBI Life Online Payment Service is a wonderful facility offering by the State Bank Life Insurance Company Limited. The different ways of SBI Online Payment are Login Option, Quick Pay, Mobile Pay, Policy Renewal through Internet banking, Visiting Axis Bank, etc. This SBI Life Insurance Premium Payment facility is free and doesn’t require any registration charges, annual costs, and hidden costs. You can sit at home and make payment of premium any time.
SBI Premium Calculator
The SBI Life Premium Calculator is used to calculate the Premium amount that has to be paid to get all the benefits available under this policy. The data required for calculating premium rates using SBI Life Insurance Maturity Calculator are Name, Email-Id, Age, Term, Sum Assured, etc. You can calculate your maturity amount and bonus as per the mode of premium payment.
SBI Life Insurance Corporate Office Address
Corporate Office Address:
SBI General Insurance Company,
Natraj, 101, 201 & 301,
Junction of Western Express Highway & Andheri Kurla – Road,
Mumbai – 400 069
Official Website: www.sbilife.in
SBI Life Insurance Customer Care Numbers
The Insured can call customer care number of SBI Life any time and clarify any doubts regarding SBI life company or any complaints. The Customer Care Numbers of SBI Life Insurance Company are 1800-22-9090 and 022-6191 0000. You can call seven days a week within the given timings. The Customer Service timings are 9:00 a.m. to 9:00 p.m.