Prices Increasing soon Prices Increasing Soon

SBI Life Insurance Benefits

SBI is a reputed company when it comes to life insurance. There are multiple policies to choose from. The dedicated staff helps to choose what's for their customers as per their requirements. Customers can buy life insurance policies both online and offline.

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 10% discount# for buying online
Only certified experts will call you on 100% recorded lines
We are rated~
rating
7.7 Crore
Registered Consumer
50
Insurance Partners
4.2 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from /month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Below are the SBI Life Insurance Benefits. 

  • SBI life insurance has many products and services for every economic stratum and every geographic region.
  • So far, SBI has tied up with 80,000 financial advisors that make it the most productive force. Customers can rely on insurance agents to help them with insurance matters. 
  • SBI is one of the key players in the market, the products and services offered by the company are so versatile that it is sure to satisfy every customer. It is so affordable that people from every economic background can afford it. With its products and services, SBI makes sure to satisfy every customer.
  • Over the years, SBI has grown tremendously and made insurance very affordable. SBI has contributed towards transpiring the insurance industry in India. 
  • Tax benefits are also provided.

*Tax benefit is subject to changes in tax laws. Standard T&C apply.

SBI has ensured all the customers from all over the country avail the services. Now the customers know SBI Life Insurance Benefits so now they can get the insurance offline as well as online. With the dedicated workforce, SBI helps customers to find the policy that suits them for individuals. 

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 10%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

Various Plans that SBI offers and their Benefits

SBI life insurance is the most trusted insurer with a high claim settlement ratio. SBI provides many life insurance plans that suit all types of requirements. Customers can choose from many life insurance plans and enjoy the SBI Life Insurance Benefits.

Below are the types of SBI Life Plans and their benefits. 

  1. SBI Life Unit Linked Insurance Plans (ULIP)

    ULIPs are long-term investment plans perfect for people who want to avail themselves of market-linked returns. Along with the benefit of market-linked returns, it also provides life insurance protection at the same time. Based on how much risk the policyholder is ready to take, they can choose many funds. 

    Below are the benefits of ULIP plans:

    • ULIP plans offer life coverage and investment appreciation. 
    • With the ULIP plans, the risk is lowest as compared to other investments.
    • Customers need not manage unit-linked insurance plans by themselves. SBI assigns fund managers who examine the growth and all the other aspects. 
    • There are many options for premium payment policies available.
    • Customers have the benefit of unlimited switches between the plans. 
  2. SBI Life Insurance Child Plans

    It is crucial to secure a child's future early. Planning for the child's benefit at a very early stage will help in the child's future and give a lot of other benefits. SBI life insurance provides two comprehensive child insurance policies that will surely provide many benefits over time. 

    Below are some of the benefits of child plans:

    • This plan provides security and makes sure that the family is financially protected. 
    • To secure the child's future, this is the type of plan to opt for.
    • SBI child plan is very flexible. There are many plans and multiple premium payment options to choose from.
    • There is a tax benefit under section 80 C and 10(10D) under the income tax act.

    *Tax benefit is subject to changes in tax laws. Standard T&C apply.

  3. SBI Life Insurance Retirement Plan

    We all think about life and luxury after retirement, but it is essential to plan for it at the right time. Retirement plans provide monthly payments to individuals in the form of pensions so that policyholders can spend their life without any worry. 

    Some of the benefits of SBI retirement plans are mentioned below:

    • Retirement plans offer life coverage and the opportunity to build funds for an easy retirement.
    • Customers can fulfil all their retirement wishes and goals.
    • There are many retirement plans to choose from as per the requirement of customers.
    • In case of the unfortunate demise of the insured, the annuity is paid to the spouse.
  4. SBI Life Term Insurance (Life Protection) Plans

    SBI term insurance plans are designed to provide complete financial stability and financial protection to the family in case of the death of the family breadwinner.  

    SBI Life Insurance Benefits of term insurance are given below:

    • Life term insurance plans provide security to families in case of any unfortunate mishap. 
    • There are many protection plans available that customers can choose from at their convenience.
    • All life protection plans are available at very economical rates. 
  5. SBI Life Insurance Saving Plans

    Everyone has some plans for themselves and their family; in this case, it is to do some planning. Planning always helps in the long run. By opting for various SBI savings plans, individuals can save money and fulfil their dreams and goals. Whether an individual wants to save money for education, marriage, purchase a dream house or want to take that long vacation, SBI life insurance saving plans have everything for everyone. 

    Below are the benefits of SBI life-saving plans:

    • Life insurance saving plans offer life coverage along with the opportunity of savings.
    • This plan offers the family financial protection.
    • By opting for this plan, individuals can build funds for both short-term and long-term goals. 
    • In case of the demise of the policyholder, the nominee will get the sum assured. 
  6. SBI Life Insurance for Groups:

    SBI Life provides many insurance plans for groups that can help organizations retain and encourage their employees. Providing life insurance benefits will be easier for organizations to retain employees and strengthen the relationship between employer and employees.

    Below are the benefits of SBI Life Insurance for Groups.

    • Customers are assigned with experienced fund managers.
    • Dedicated service team as a single point of contact.
    • Multiple premium payment frequencies.
    • Manage a wide range of scheme rules.
  7. SBI Life Insurance Online Plans

    SBI provides life insurance plans that customers can buy online. There are many online plans to choose from. All the customers know SBI Life Insurance Benefits, so if they want to avail themselves the plans from anywhere, then SBI online plans are the option. Customers can choose the life insurance plans that suit them.

    Below are the benefits of SBI Life Insurance online plans.

    • Customers can avail financial securities for their families based on your requirements. 
    • Customers can choose between multiple benefit structures. SBI also provides two-rider options to provide comprehensive coverage.
    • Customers can buy life insurance easily with just an online application.

Premium By Age

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

Choose Term Insurance Plan as per you need

Plans starting from @ ₹473/Month*
Term Insurance
1 Crore Term Insurance
Term Insurance
2 Crore Term Insurance
Term Insurance
4 Crore Term Insurance
Term Insurance
5 Crore Term Insurance
Term Insurance
6 Crore Term Insurance
Term Insurance
7 Crore Term Insurance
Term Insurance
7.5 Crore Term Insurance
Term Insurance
8 Crore Term Insurance
Term Insurance
9 Crore Term Insurance
Term Insurance
15 Crore Term Insurance
Term Insurance
20 Crore Term Insurance
Term Insurance
25 Crore Term Insurance
Term Insurance
30 Crore Term Insurance
Term Insurance
15 Lakh Term Insurance
Term Insurance
60 Lakh Term Insurance

Sbi-life-insurance Articles

  • Recent Article
  • Popular Articles
31 Jan 2024

SBI Life Saral InsureWealth Plus (SIWP)

SBI Life Saral InsureWealth Plus (SIWP) is a comprehensive

Read more
30 Jan 2024

SBI Life Kalyan ULIP Plus Plan

SBI Life - Kalyan ULIP Plus is a distinct and reliable group

Read more
02 Aug 2023

SBI Life-Smart Bachat

SBI Life Smart Bachat is an individual, non-linked

Read more
08 Dec 2022

SBI Term Insurance Receipt

SBI Life Insurance is a leading insurance company that offers a

Read more
24 May 2022

SBI Life Monthly Income Plan

The falling interest rates in the traditional deposit

Read more

SBI Life ULIP Calculator

SBI Life Unit-Linked Insurance Plans (ULIPs) provide protection and investment opportunity to its policyholders

Read more

SBI Life Investment Plans

SBI Life Investment Plans aim to provide you with dual benefits of investment and insurance. These plans can

Read more

SBI Life Child Plans

The SBI Life Child Plan is a comprehensive insurance product designed to secure the financial future of your

Read more
Need Help? Request Callback
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL