SBI Life
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
15
Products Listed
Products by SBI Life(15)
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.
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.
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.
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.
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.
SBI Life
SBI Life Smart Platina Plus
SBI Life
SBI Life Smart Annuity Plus
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.
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.
SBI Life
SBI Life - Smart Power Insurance
Unit-linked insurance plan offering life cover with investment flexibility across equity, debt, and balanced fund options.
SBI Life
SBI Life - Smart Humsafar
A joint life participating non-linked endowment plan designed for married couples, providing financial security, savings, and premium waiver benefit on the first death.
SBI Life
SBI Life - Smart Privilege
A premier unit linked life insurance plan offering high-net-worth individuals investment flexibility across diverse fund options, loyalty additions, and life cover.
SBI Life
SBI Life – Smart Wealth Protector
A pure risk cover term plan providing financial protection to the nominee in the event of the life assured's death during the policy term.
SBI Life
SBI Life – Smart Wealth Maximizer
A unit-linked insurance plan that offers life cover along with investment in equity and debt funds, with fund-switching flexibility.
SBI Life
SBI Life – Smart Wealth Assure
A traditional savings-cum-protection plan that builds corpus through periodic premiums and pays a lump sum at maturity or on death during the term.
Compare SBI Life products
See how products from SBI Life differ side-by-side.
