₹ 313.3 Billion
New Business Premium for 9M FY26 and growing
With you. For every responsibility. For every possibility.
For 25 years, we have been beside you as you fulfilled promises made to your family and to yourself. Together, a strong foundation has taken shape; one that carries you forward with confidence. We keep your needs at the heart of our guidance, enabling you to make choices that fit your life. With the assurance of the right life insurance policy, you move closer to the life you want for yourself and your family.
Chosen by millions across the country, we are a trusted life insurance company in India, backed by decades of experience. We uphold our promise of security with life insurance plans that support your ambitions, responsibilities, and the promises you make to your loved ones.
We help you plan with clarity, make informed decisions, and choose the best life insurance policy for your needs, moving ahead with assurance that brings confidence. With support that stays with you, you’re free to live fully, for yourself and for the people who count on you.
As life unfolds, we offer plans shaped around your circumstances, supporting your priorities today and the goals ahead.
Who We Are: Enablers of a Confident Tomorrow
There is a sense of certainty in knowing your choices are supported. For us, that means being more than a life insurance company. It means being your long-term partner in the decisions that shape today and secure tomorrow. Serving millions, our plans back you through life with the confidence that your loved ones and aspirations are secure.
Everything we do is guided by a simple belief: when financial security is in place, peace of mind follows. And with that peace of mind comes the freedom to live life on your own terms. Backed by a strong claim record, deep financial expertise, and decades of experience, we honour that trust every day through the promises we keep to you.
98.2%
Individual Death Claim settlement ratio for 9M FY26
₹ 5,117.1 Billion
Asset Under Management as on 9M FY26
Life Insurance, Planned Around You
For every choice you make, we have a plan to support it. Choose life insurance plans that help you move forward with confidence, secure the people you love, and keep the promises you care about.
Savings Plans
111N171V03Smart Platina Supreme
Enables you to move confidently with guaranteed benefits.
Child Plans
111L144V01Smart Scholar Plus
Adds thoughtful assurance for your child’s tomorrow.
Retirement Plans
111L135V02Retire Smart Plus
Empowers you to live your golden years with confidence and independence.
Unit Linked Insurance Plans
111L142V01Smart Fortune Builder
Becomes the starting point for growing aspirations.
Unit Linked Insurance Plans
111L143V01Smart Privilege Plus
Supports both wealth creation and financial security.
Guidance with Liberation at Heart
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Talk to Our Experts
Good guidance starts with listening. Our trusted advisors listen first, then help you explore your options and choose a life insurance plan that truly fits your life. With their support, planning feels simpler and moving forward feels easier.
What Assurance Feels Like, In Real Lives
Serving with Responsibility
SBI Life Insurance stands by the families affected due to Cyclone Fengal.
For immediate and hassle free assistance, initiate claims
Toll Free No. 1800 267 9090 (customer servicing timing: 24x7)
Claims.assistance@sbilife.co.in
Visit nearest SBI Life Branch for any assistance
We are committed to giving our best services to all our policyholders.
Life Mitra
Guiding you like a friend, supporting you like family.
NAV & Fund performance
Your Guide to a Life of Liberation and Security
About Us
Life moves forward with confidence when the right support is in place. Across India, we support individuals, families, and organisations as they pursue their aspirations and honour the promises they make to those they care for. Through our term, savings, and pension plans, we turn your promises into progress.
As priorities evolve over time, thoughtful planning helps you move forward with confidence. From children’s education plans to wealth creation, from planning for old age and retirement to life insurance for your spouse, and group life insurance plans for employee security, our plans bring assurance to planning and clarity to decisions.
₹ 306,452 Crore
Claims paid till date *8,36,78,351
Policy Holders ^1176 Branches
Across India #- * As per public disclosure (L-7 - Benefits Paid) & Financial Statements (Schedule 4 - Benefits Paid) of the Company, benefits paid since inception upto period ending 31st December 2025.
- ^ Includes count of in force and paid-up individual policies along with count of lives covered under various group policies as on period ending 31st December 2025.
- # Network of branches as on period ending 31st December 2025.
Announcements That Reflect Our Commitment
SBI Life MD & CEO, Mr. Amit Jhingran Interview with Business Standard
Shift in product mix continue in FY26
Read MoreSBI Life MD & CEO, Mr. Amit Jhingran Interview with Hindu Business Line
Plan is to avoid being dependent on a particular line of business
Read MoreMD Interview with Dainik Bhaskar
Serving millions of families across India, SBI Life's diverse range of products caters to individuals as well as group customers.
Read MoreSBI Life’s ‘Thanks-A-Dot’ sets a GUINNESS WORLD RECORDS®, making breast health a living room conversation across communities
With a breast self-examination mosaic made of a record 1,191 ‘Hug of Life’ bags, SBI Life’s Guinness World Record promotes early detection and holistic awareness for women’s health
Read MoreSBI Life Insurance launches IdeationX 2.0 to engage top 100 B-schools across India
The unique initiative empowers students to drive innovations in the life insurance sector
Read MoreFrequently Asked Questions
Life insurance helps you protect the people who depend on you and the life you are building for them. It offers financial support to your loved ones, helping them manage everyday expenses, repay loans, and continue living with financial independence.
We offer life insurance plans that go beyond simple protection to support your long-term planning. We help you prepare for future goals like your child’s education or your retirement. Whether you are securing your family, growing your wealth, or protecting your business interests, we stand by you with trusted life insurance plans designed around your needs.
A life insurance policy is a promise you make to your loved ones.
Getting clarity can be easier than you think. It starts with knowing a few key terms that define how your policy works and how it supports your goals.
Key terms to know
Insurance Premium
A premium is the small, regular investment you make to secure your long-term peace of mind. It is the amount of money you pay (monthly, quarterly, or annually) for your life insurance plan. Your premium of life insurance depends on factors such as:
The Life Cover you choose
- - Your age
- - Your Health
- - Lifestyle habits
- - Your profession
- - The premium paying term
- - The frequency of life insurance premium payment
- - The overall Policy Term
Frequency of premium payment
The frequency of life insurance premium payments (often called the "Premium Payment Mode") simply refers to how often you pay your insurance bill during the year.
While the total premium for the year is calculated upfront, you can break that amount into smaller, more manageable instalments. For example:
- Annual: You pay the full premium once a year. This is often the most cost-effective option as many insurers offer a discount for yearly payments.
- Half-Yearly: You pay twice a year (every 6 months).
- Quarterly: You pay four times a year (every 3 months).
- Monthly: You pay every month. This is highly popular for salaried individuals as it feels like a standard monthly bill.
Policy Term
The policy term is the number of years you choose to stay insured. Some plans have fixed terms, while others offer flexibility. It defines the duration during which your policy benefits remain active.
Insurance Premium Paying Term
This refers to the number of years you are required to pay premiums. In many policies, the life insurance premium payment term is the same as the policy term, though some plans allow shorter payment durations.
Sum Assured
The Sum Assured is the guaranteed amount payable under the insurance policy when insured events occur in relation to the life assured (the person covered by the policy).
Survival Benefit
Certain policies offer life insurance payouts at pre-defined intervals, provided the insured person survives those periods. These are known as survival benefits.
Maturity Benefit
If you outlive the policy term, the amount you receive at the end of the term is called the maturity benefit.
Life Cover or Death Benefit:
This is the amount paid to the nominee in the event of any unfortunate occurrence during the policy term.
To make things easier, you can also use our Life Insurance Guide or explore plans that align with your goals.
There are different types of life insurance policies in India, each designed to meet specific life goals and financial needs.
We offer different life insurance plans designed for every goal:
- Protection Plans – Provide financial coverage to your loved ones in case of unfortunate events during the policy term.
- Savings Plans – Combine insurance with guaranteed savings and offer a lump sum at maturity to help you plan future milestones.
- ULIP (Unit Linked Insurance Plan) – These investment-linked life insurance plans allow you to invest while enjoying life cover and market-linked growth.
- Child Plan – Help you save for your child’s education and future goals while offering life insurance protection.
- Retirement Plan (Pension Plan) – These life insurance schemes help you build a retirement corpus and receive a steady income after retirement through annuities or pensions.
Choose a plan based on whether your priority is protection, savings, investment, or retirement planning. We are here to support you through every decision.
The best life insurance policies in India for you depend on your financial goals, family responsibilities, income, and lifestyle. For pure protection, term insurance is ideal. For savings and wealth creation, go for ULIPs or endowment plans. For long-term income, consider retirement and pension plans. You can also compare life insurance policies in India and conduct a need analysis.Use our plan comparison and need analysis tools to identify the option that suits you best.
The right time to get life insurance is as early as possible. The earlier you start, the lower will be your life insurance premium and the stronger life insurance coverage. Whether you are single, newly married, or planning a family, there are flexible life insurance options designed to suit every situation. What matters is taking the step to protect your loved ones and plan with confidence
Explore our plans designed for your unique needs and get started at your own pace.
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