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SBI Life Insurance combines the trust of SBI with a broad portfolio of life insurance products designed for financial protection and long-term wealth creation.
6 plans available — compare coverage, premium, and key features.
Choose Life or Life Plus with participating bonuses and flexible premium payment terms
Key Features
Step-by-step claim process for SBI Life.
Call the toll-free 1800 267 9090, visit the nearest branch, or use the online SmartCare Portal to intimate the death claim.
Submit the completed claim form, original death certificate, original policy document, and bank account details of the claimant.
SBI Life reviews the submitted documents and may request medical records or additional proofs depending on the cause of death.
The claim is settled within 30 working days of receiving valid documents; eligible cases may be processed within 24 hours.
SBI Life is a strong option for customers seeking affordable life insurance with high claim settlement performance.
SBI Life offers term insurance, savings plans, retirement plans, ULIPs, and child insurance.
Yes, SBI Life is among the largest and most trusted private life insurance companies in India.
Yes, SBI Life provides secure online premium payment options.
Yes, premiums are eligible for deduction under Section 80C, and death benefits are generally tax-free under Section 10(10D).
Yes, premiums can be paid via net banking, debit card, or the SBI Life mobile app.
Disclaimer: Premium amounts are indicative and may vary based on age, health, and plan selected. Claim settlement ratios are from IRDAI Annual Reports. Finzony is not an insurance broker or agent. Verify all details on the official SBI Life website before purchasing.
Limited premium payment with guaranteed additions and maturity benefits
Key Features
Choose level or increasing guaranteed income, followed by 110% of total base premiums paid at the end of the payout period.
Key Features
Choose Guaranteed Income or Life Income, with income payouts during the payout period and 110% of total premiums paid at policy maturity.
Key Features
Choose a 15, 20 or 30-year policy term with a 7 or 10-year premium payment term and guaranteed additions.
Key Features
Participating whole-life savings plan with survival income and cash bonuses
Key Features