SBI Life Insurance User Reviews
|Claim Settlement Ratio||93.09%|
|Customer Care||9:00 AM to 9:00 PM|
|Death Benefit Paid For||212,57 Policies|
|Total Death Benefit Paid||810.71 Crore|
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Easy to compare plans
With so many life insurance plans available, I was confused about which one to buy. So, I decided to compare the different plans available and finally bought the SBI Life Insurance Policy from InsuranceDekho.Read More
Flexible Policy Riders
The SBI Life Insurance Policy offers flexibility through various policy riders and options. They allowed me to customize my policy by adding riders such as accelerated death benefits or term conversion options. These features provide added flexibility and the ability to adjust my coverage as my needs change over time. It's a valuable aspect of my life insurance policy, which I got from InsuarnceDekho.Read More
Nomination and Beneficiary Updates
Managing policy nominations and beneficiary updates is effortless with the SBI Life Insurance Policy. I can easily designate beneficiaries and make changes as needed. InsuarnceDekho ensures a seamless process, giving me control and peace of mind regarding the distribution of benefits.Read More
Streamlined Application Process and Quick Approval
My request for applying for the SBI Life Insurance Policy from InsuarnceDekho was approved quickly and without too much scrutiny. Their process to apply was also very easy and streamlined. Could buy the policy easily.Read More
Safe and secure website
As one needs to give personal details while purchasing a Life insurance policy, we need to be careful. But the InsuranceDekho website is a very safe and secure website. Once I bought the SBI Life Insurance Policy from them, I was assured that all my details are safe.Read More
Excellent Policy Options for Different Life Stages
I appreciate the variety of policy options available with InsuranceDekho. I bought the SBI Life Insurance Policy. The plan was flexible enough to understand that life changes, and that it can be tailored to different life stages, ensuring that my coverage remains relevant and effective.Read More
InsuranceDekho provides pocket-friendly plans to its customers. I was looking for a good life insurance plan and bought the SBI Life Insurance Policy from the InsuranceDekho website. The plan is quite affordable and is benefitting me well.Read More
Read a few good articles
I recently bought the SBI Life Insurance Policy from the InsuranceDekho website. I read some amazing articles that carried a lot of information about insurance and its importance. Loved the way they were explained. I have carried a lot of stuff from those articles.Read More
After exploring so many life insurance plans, I was finally able to find a good life insurance plan for myself. So, when I found the SBI Life Insurance Policy on InsuranceDekho, I bought it without any hesitation. The plan is both reasonable as well has amazing benefits to offer.Read More
The website saves a lot of time
I have become a fan of the InsuranceDekho website. All policy-related services like renewal, claim settlement process, and issuance on the website save a lot of time. I saved a lot of my time while buying the SBI Life Insurance plan within like 5 minutes. Highly recommended from my end.Read More
Latest News on SBI Life Insurance
How to Download an SBI Life Term Receipt Online?SBI Life term insurance premium receipt download process is quick and easy. The policyholders can visit the official website of SBI Life Insurance and download the policy receipt online with ease. Read on to know the complete process.
How To Revive Lapsed SBI Term Insurance?If the policyholder fails to pay the premium for SBI Term Insurance, then the term insurance policy will lapse. However, you can get your policy revived. Read on to understand how.
How To Make SBI Life Insurance Renewal Payment?SBI Life Insurance policy renewal payments can be done in a few easy steps. You can pay premiums both online and offline. Read on to find out the process of making payments for a life insurance plan.
How to Pay SBI Life Insurance Premiums?SBI Life Insurance premium payment process is quick and easy. Individuals can choose to pay either online through internet banking, UPI, the SBI website, or offline according to their convenience. Read on to find out how to pay your SBI life insurance pre
SBI Life Saral Pension Plan: Plan Details, Benefits, and ReviewsThe Saral Pension Plan from SBI Life allows investors to pursue hobbies and passions. Purchasing the SBI Life Saral Pension Plan can help you maintain your existing lifestyle and cover unexpected medical and family needs. The plan protects you from market
Why to Buy Life Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 50 Lacs+ happy customers
Life Insurance News
How to Download an SBI Life Term Receipt Online?
SBI Life term insurance premium receipt download process is ...15 March 2023
How To Revive Lapsed SBI Term Insurance?
If the policyholder fails to pay the premium for SBI Term In...17 February 2023
How To Make SBI Life Insurance Renewal Payment?
SBI Life Insurance policy renewal payments can be done in a ...05 January 2023
How to Pay SBI Life Insurance Premiums?
SBI Life Insurance premium payment process is quick and easy...03 January 2023
SBI Life Pension Plans: Reviews & Benefits
SBI Life pension plans offer death cover on the life guarant...28 December 2022
User Reviews on SBI Life Insurance Alternatives
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- Edelweiss Tokio Life Insurance
- Exide Life Insurance
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- Max Life Insurance
- Bharti AXA Life Insurance
- Reliance Nippon Life Insurance
- IndiaFirst Life Insurance
- PNB MetLife Insurance
- Pramerica Life Insurance
- Aviva Life Insurance
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- Aditya Birla Sun Life Insurance
- HDFC Life Insurance
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- Shriram Life Insurance
- Sahara India Life Insurance
- Star Union Dai-ichi Life Insurance
- TATA AIA
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Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.
Claim Process at SBI Life Insurance
Claim IntimationIn the event of the death of the life assured, the insurance company should be intimated as early as possible.
Submission of DocumentsFor easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
Claim EvaluationAfter successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
Claim SettlementIf claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.
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
Insurance Dekho755 1196 989Mon to Sun 10:00 AM to 7:00 PM
SBI Life Insurance1800-267-9090Mon to Sun 9:00 AM to 9:00 PM