SBI Life Insurance Company Limited is a joint venture between the State Bank of India and BNP Paribas Assurance. State Bank of India owns 74% and BNP Paribas Assurance holds the remaining 26% of the stake of the joint venture.
State Bank is the largest banking franchise in India and. Along with its seven associate banks, it has the strength of over 18,500 branches across the country and the largest in the world.
BNP Paribas Assurance is the insurance arm of BNP Paribas. It is one of the oldest foreign banks with its presence in India since 1860.
SBI Life is registered with a capital of Rs.2000 crores and a paid-up capital base of Rs.1000 crores. It offers a great base for insurance penetration across every region and economic strata in the country ensuring true financial inclusion.
Mr. Uday Shankar Roy is the MD & CEO of SBI Life Insurance Company.
SBI Life Insurance - Product Portfolio
These are low cost life insurance plans which are designed to provide full protection & financial stability to your family in case of any unforeseen events
These are unit linked insurance plans which provide you with a wide array of funds, riders and other options, and give you the complete freedom to fulfill all your investment and insurance needs.
Pension plans help you to save for your old age so, that you maintain the same life style even after you retire and live life tension free.
SBI Life plans helps you accumulate and save for your child’s bright future.
These are low risk investment plans which provides guaranteed amount on maturity and help you plan systematically for your future.
SBI Life policies cater to your needs in case of an medical emergency and provide you money at time when you need it most.
Compare all SBI Life insurance plans from other life insurance companies in India to get the best insurance plan that suits your investment, savings or health insurance needs.
SBI Life has a unique multi-distribution model with Bancassurance, Retail Agency, Institutional Alliance and Corporate Solutions distribution channels. SBI Life leverages the State Bank Group relationship as a platform for cross-selling insurance products which has bank accounts of over 100 million customers. It also has over 85,000 Insurance Advisors who offer door to door insurance solutions to customers.