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SBI Life Insurance User Reviews

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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
  • Easy Renewals

    Pleased to get secured with the best plan from the most amazing company. I renewed SBI Life Insurance Policy from InsuranceDekho. My whole experience of renewing was appreciable. The customer support was very kind and helpful. Recommended to everyone to avail of the maximum benefits! 

    A
    Aarushi Garg
    On: Jul 06, 2023
  • Fulfillment of requirements

    With the SBI Life Insurance Policy on InsuranceDekho, all the requirements were fulfilled in the same way I expected. Everything was explained in a logical way that provided clearance of data and facts. I am highly satisfied with the website.

    B
    Bhawna Mehra
    On: Jul 04, 2023
  • The best online insurance company

    InsuranceDekho website is no doubt one of the best online insurance companies to buy life insurance. The process of buying the SBI Life Insurance Policy was convenient and easy. I recommend my family and friends buy their policy from them.

    R
    Rita Kaushik
    On: Jun 29, 2023
  • No additional charges

    There were no additional charges when I was buying the SBI Life Insurance Policy from InsuranceDekho. As there was no requirement for an external agent, I was able to do it all by myself and even save on the additional charges. 

    A
    Aimal Baig
    On: Jun 27, 2023
  • Relevant information was available on the website

    The website of InsuranceDekho had all the relevant information pertaining to different types of life insurance plans. Moreover, there were a number of plans available. So, I explored the InsuranceDekho website and finally bought the SBI Life Insurance Policy. 

    V
    Vansh Bhatia
    On: Jun 22, 2023
  • Dedicated customer service

    The InsuranceDekho team comprised amazing team members who helped me in every possible way to easily buy the SBI Life Insurance Policy. They were readily available to answer any queries and even provided friendly suggestions throughout the process. 

    S
    Sanya Sethi
    On: Jun 20, 2023
  • Easy payment methods

    The payment options available on InsuranceDekho are quite convenient. So, when I was buying the SBI Life Insurance Policy from InsuranceDekho, I picked a convenient payment choice, and the rest of everything was carried out very smoothly.

    A
    Aniket Dewan
    On: Jun 15, 2023
  • Simple claim settlement

    I purchased the SBI Life Insurance Policy from InsuranceDekho a few years ago. So, when I raised a claim against on InsuranceDekho, my claim was effectively settled. The process of claim settlement was also very easy.

    J
    Jaideep Pathak
    On: Jun 13, 2023
  • A good investment tool

    I wanted to buy a life insurance plan as I wanted to invest my money in something worthwhile. So, I explored a number of life insurance plans and then I bought the SBI Life Insurance Policy from InsuranceDekho

    S
    Shreya Batra
    On: Jun 08, 2023
  • 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.

    S
    Sujay Sachdev
    On: Jun 06, 2023
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Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
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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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FAQs

  • 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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