SBI Life Insurance

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About SBI Life Insurance

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Today every person is worried about his safety as well as the safety of their family members. One of the best options available to achieve this objective, is to secure self and family by taking the right plan from SBI Life Insurance.

It is a joint business enterprise between the State Bank of India (74%) and BNP Paribas Assurance (26%). Nowadays, SBI is a well known and trusted name in India. They have multiple branches in all over India. Their main focus is on the advancement of the people and with time, they have become one of the top most insurance providers in India.

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SBI was the first private life insurance company in the country and has achieved the status of being one of the most successful among all insurance companies. The main reason of gaining popularity amongst people is that they have an enormous base of customer and a very wide banking channel distribution compared to the other insurance companies.

SBI product portfolio consists of a wide array of life insurance products.

Products Available in SBI Life Insurance

1. Life Insurance Endowment Plans

2. Life Insurance Child Plans

3. Life Insurance Money Back Plans

4. Life Insurance Whole Life Plan

5. Life Insurance Term Assurance Plans

Life Insurance

Services offered by SBI Life Insurance:

SBI Life Insurance offers a wide variety of services to their customers. With them, a person can not only track his account but can also generate premiums online. Individual can now pay their premium online with the use of electronic service clearing. It is very convenient to use and takes only a few minutes.

1.      Premium Calculator

2.      Insurance Calculator

3.      Tax Calculator

4.      Child Education Planner

5.      HLV Calculator

6.      Retirement Calculator

7.      Easy Plan Finder

Background of the Promoter

SBI (State Bank of India) along with its combined branches has the largest distribution in any banking network – more than 16,000 branches and new ones getting added almost every day. SBI is the joint venture between BNP Paribas (one of the top ten global banks), Euro Zone’s leading Bank (one of the oldest foreign banks having a presence in India). BNP Paribas Assurance has a main existence in Asia, Latin America and Europe and is among the top fifteen insurance companies in Europe. The company has other partnerships in Asia and in countries like Vietnam, South Korea, Taiwan and Thailand.

SBI Life Insurance provides several Life Insurance Plans

Needs of each and every person is different from the other, and SBI helps fulfill the desires of every individual by offering the most suitable option that can fit the individuals needs.

1.      Unit Linked Plans

2.      Child Plans

3.      Pension Plans

4.      Protection Plans

5.      Savings Plans