About us

SBI Life at a glance

WHO WE ARE

Formed in October 2000, SBI Life Insurance Company (SBI Life) is registered with the Insurance Regulatory and Development Authority of India (IRDAI) since March 2001 and operate in the life insurance industry. SBI Life is listed on the Bombay Stock Exchange('BSE') and the National Stock Exchange('NSE').

WHAT WE DO

We offer a range of savings and protection products catering to individual as well as group customers through traditional and unit linked plans. Our products encompass life, annuity, health, pension and variable insurance.

WHERE WE OPERATE

We have a wide network of 908 offices spread across the country with 14,961 employees. We also have tie-ups with 76 corporate agents,17 banca partners and 99 brokers, along with 184,452 trained insurance personnel, catering to our wide customer base.

WHERE WE STAND

The life insurance industry has 23 private players and we are the leading private life insurer in terms of Individual Rated Premium.

Private market share in

19.0%

New Business Premium (NBP)

22.3%

Individual Rated Premium (IRP)

OUR VISION

To be the most trusted and preferred life insurance provider.

OUR MISSION

To emerge as a leading company offering a comprehensive range of life insurance and pension products at competitive prices, ensuring high standards of customer satisfaction and world-class operating efficiency, thereby becoming a model life insurance company in India in the post-liberalisation period.

OUR PHILOSOPHY

Our Company’s philosophy is based on the five core values of trustworthiness, ambition, innovation, dynamism and excellence. We strive to provide best-in-class services to our customers while ensuring utmost commitment to ethical standards, professional integrity, corporate governance and regulatory compliance.

OUR ETHICS

We constantly embrace the best practices in the areas of corporate governance and are committed to acting professionally, fairly and with integrity in all our dealings. Our Company has a well-defined code of conduct which lays down principles for every employee to act in accordance with the highest standards of personal and professional integrity, honesty, ethical and legal conduct. This code is applicable to all Directors, Senior Management and employees of the Company.