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SBI Life

MumbaiEst. 2001sbilife.co.in
97.05% CSR

Joint venture between SBI and BNP Paribas Cardif, leveraging SBI's vast distribution network.

Data reviewed: 14 July 2026

97.05%

Claim Settlement Ratio

Source: IRDAI · FY2023–24

2001

Founded

10

Products Listed

Products by SBI Life(10)

Information sourced from publicly available data and may not reflect the latest terms. Visit sbilife.co.in for current details.

SBI Life

SBI Life eShield Next

An online term insurance plan offering comprehensive life coverage with level or increasing sum assured and a choice of plan options.

Term Insurance5–40 years

SBI Life

SBI Life Smart Wealth Builder

SBI Life's flagship ULIP with 9 fund options, automated rebalancing, and loyalty additions from year 6 — designed for long-term wealth creation with built-in life cover.

ULIP10–30 years

SBI Life

SBI Life Saral Pension

IRDAI's standardized immediate annuity product, available from SBI Life, offering a simple life annuity with return of 100% of purchase price on death — transparent, portable, and guaranteed.

Pension / AnnuityWhole life

SBI Life

SBI Life – Smart Future Star

A non-linked, participating child savings plan designed to build a fund for a child's future needs, with a premium-waiver-on-death safety net so the child's fund still grows even if the parent is no longer around to pay premiums.

Child Plan8 to 25 years, subject to the maturity age not exceeding standard limits for the child's benefit

SBI Life

SBI Life – Smart Money Back Gold

A traditional participating money-back plan paying periodic survival benefits at fixed intervals during the policy term, alongside full life cover throughout — suited to goals like a child's marriage that need staged payouts.

Money Back14, 16, 20, or 25 years (typical money-back plan tenure bands)

SBI Life

SBI Life Smart Platina Plus

Endowment

SBI Life

SBI Life Smart Annuity Plus

Pension / Annuity

SBI Life

SBI Life – Smart Swadhan Plus

A non-linked, non-participating term assurance plan with Return of Premium feature, providing life coverage and 100% return of total premiums paid on survival till maturity.

Term Insurance10 to 30 years

SBI Life

SBI Life - Saral Jeevan Bima

Standard term insurance plan with uniform features as per IRDAI guidelines, offering pure life cover at affordable premiums.

Term Insurance5 to 40 years

SBI Life

SBI Life - Smart Power Insurance

Unit-linked insurance plan offering life cover with investment flexibility across equity, debt, and balanced fund options.

ULIP10 to 30 years

Compare SBI Life products

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