PRODUCTS AND SERVICES
A bouquet of diverse offerings

Our products and solutions address the existing as well as evolving needs of our customers, leading to strong customer-connect. Capitalizing on next-generation technologies, we provide a comprehensive suite of traditional and unit-linked products and solutions that are suitable for a wide demographic range and income levels.

Individual Life Insurance

34 Individual Products

  • 08 Term products
  • 11 Endowment products
  • 09 Linked products
  • 02 Pension products
  • 02 Health products
  • 02 Annuity products

Group Insurance

06 Group Products

  • 04 Term products (Including credit life protection)
  • 01 Annuity product
  • 01 Unit linked product (ULIP) (For retirement benefits)

Product and Services

New product launches in FY22


UIN: 111N132V01

An Individual, Non-Linked, Non- Participating, Life Insurance Pure Risk Premium Product.


UIN: 111N160V01

A Single Premium, Individual, Non-Linked, Non-Participating, Immediate Annuity Product.


UIN: 111N131V02

A Non-Linked, Non-Participating, General Annuity Group Product.


UIN: SBIHLIP22158V012122

Health Plus Life Combi Product - Jointly Offered by 'SBI General Insurance Company Limited' And 'SBI Life Insurance Company Limited'.


UIN: 111N133V01

An Individual, Non-linked, Nonparticipating Life Insurance Savings Product.

Protection Plans

A protection plan is a life insurance policy that ensures the financial safety of your family in the case of an unfortunate event. These plans form the basis of a financial plan to help you leave a protective financial plan that your family can continue in your absence. SBI Life offers not only traditional protection plans, but also unique products that protect both life and health.

Insurance Plans with Savings

Savings plans enable disciplined savings while providing life insurance coverage, in addition to stable returns that help you reach your financial goals. SBI Life offers a wide range of insurance plans with savings, tailored to specific financial needs.

Child Plans

Child plans are life insurance plans to secure your child’s future so that they can pursue their dreams without hesitation. These plans ensure that your child can opt for the education and career of his/her choice. SBI Life provides both, traditional and unitlinked child insurance plans that you can choose, based on your risk appetite.

Insurance Plans with Wealth Creation

Wealth creation plans provide marketlinked returns along with life insurance coverage throughout the policy term. SBI Life offers wealth creation insurance plans to add value to your wealth and investments.

Retirement Plans

Retirement plans aid in creating a corpus of funds for the golden years of your life. To maintain your lifestyle and manage medical costs and other expenses throughout your life, SBI Life offers retirement plans to continue celebrating life.