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SBI Life Insurance User Reviews

247 reviews Rate This
Highlights
Claim Settlement Ratio93.09%
Death Benefit Paid For212,57 Policies
Inception2000
Presence992 offices
Total Death Benefit Paid810.71 Crore

Term Life Insurance Premium Calculator

Gender

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Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification
Rating of SBI
4.7
Based on
247 User reviews
  • Amazing Insurance Company

    My purchase of the SBI Life insurance was excellent. I recommend everyone consider InsuranceDekho for buying a life insurance plan online. The services and guidance provided by the customer care team was great. Thanks to the customer care team who helped me throughout the process. Also, I want to express my gratitude to the company's insurance experts for suggesting the SBI life insurance plan.

    S
    Sushmita Devi
    On: Feb 20, 2024
  • A Must-Buy Life Insurance Plan

    The SBI life insurance plan available on InsuranceDekho is a must-buy plan considered by many other customers. Most of the insurance buyers who have used the SBI life insurance plan have reviewed it positively and thus I was convinced to buy it.

    Y
    Yamini Singla
    On: Dec 20, 2023
  • Excellent Education Resources

    While looking for a good life insurance policy, InsuranceDekho offers a wealth of educational resources to help you understand life insurance. Through their guidance, I bought the SBI Life Insurance Policy.

    R
    Raghav Verma
    On: Nov 15, 2023
  • Great Resource for Information

    While looking for a good life insurance policy, I found that InsuranceDekho provides valuable resources and information about life insurance. It's a one-stop shop for all the knowledge you need to make an informed decision. I could easily purchase the SBI Life Insurance Policy.

    j
    jagdish Roat
    On: Nov 08, 2023
  • Excellent Policy Management

    The InsuranceDekho’s website allows for easy policy management, making it simple to make changes or updates for my SBI Life Insurance Policy as my circumstances evolve.

    V
    Vinay Kumar
    On: Nov 03, 2023
  • Transparent Information

    I was very happy when I bought the SBI Life Insurance Policy. InsuranceDekho provided clear and transparent information about the policies, terms, and conditions. No hidden surprises, which I appreciated.

    R
    Roshni Lafa
    On: Oct 30, 2023
  • Life Insurance Made Affordable

    InsuranceDekho helped me find an SBI Life Insurance Policy that fits my budget without compromising on coverage. It's a win-win.

    A
    Abhijeet Singh
    On: Sep 27, 2023
  • Safeguarding Financial Security

    With InsuranceDeko's SBI Life Insurance Policy, I'm confident that my family's financial security is safeguarded, no matter what life throws our way.

    V
    Vivid Chawla
    On: Sep 20, 2023
  • Peace of Mind for the Future

    The SBI Life Insurance Policy from InsuranceDekho has given me the peace of mind that I'm taking care of my family's future, no matter what happens. Thanks to this wonderful plan for always keeping us up to date.

    N
    Naresh Roy
    On: Sep 14, 2023
  • Riders for Enhanced Protection

    InsuranceDekho offers a range of riders, and I added my SBI Life Insurance Policy for enhanced protection. These include critical illness riders, accidental death riders, and more, providing additional financial security in various scenarios.

    J
    Jai Bhatia
    On: Sep 11, 2023
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  • 66 Lacs+ happy customers

Life Insurance News

Claim Process at SBI Life Insurance

  • 1

    Claim Intimation

    In the event of the death of the life assured, the insurance company should be intimated as early as possible.
  • 2

    Submission of Documents

    For easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
  • 3

    Claim Evaluation

    After successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.

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FAQ About SBI Life Insurance

  • Why should I choose SBI Life Insurance?

    SBI Life offers a variety of comprehensive plans that you can choose from according to your requirements and budget. SBI Life insurance has a high Claim Settlement Ratio of 94.52% FY 2019-20. The plans offered by SBI Life Insurance are affordable.

  • What all life insurance plans does SBI Life offer?

    SBI provides Protection plans (Term plans), Online Plans, Savings Plans, Wealth Creation Plans, Retirement Plans and Child Plans.

  • What is the grace period of SBI Life Insurance plans?

    SBI offers a 30 days grace period for the premium due date for yearly, half-yearly and quarterly mode of premium and 15 days for monthly mode of premium. The policy will not lapse during the grace period and will lapse thereafter if no premium is paid.

  • What factors will determine the premium of SBI Life Insurance plans?

    Policyholder’s age, sum assured, gender, lifestyle, job, medical history, type of policy and tenure of the policy and Riders (if any) are some of the factors that determine the premium of SBI Life Insurance Plans.

  • What is the Claim settlement Ratio of SBI Life Insurance?

    SBI Life Insurance has a claim settlement ratio of 94.52% for the year 2019-20.

SBI Life Insurance Contact Details

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