SBI Life Insurance is a joint venture life insurance company between State Bank of India (SBI), the largest state-owned banking and financial services company in India

SBI Life insurance Company Limited offers a package Two Wheeler Insurance Plan which not only covers the third party liability which is mandated by the Motor Vehicles Act but also loss to own vehicle due to various causes


Features and Benefits of SBI Two Wheeler Insurance
• SBI General provides customized pricing based on your profile when it comes to two-wheeler insurance.
• If you insure your vehicle without a break, SBI offers additional discount on the premium.
• For customers aged between 25 and 55 years, discounts on premium are offered.
• Facility to transfer the full benefits of No Claim Bonus when the motor insurance policy is shifted to another insurer.
• Customers can easily apply for a policy online and existing policy-holders can renew the policy online without any hassles.
• It comes with additional opt-in covers for the benefit of policy-holders

The SBI General Insurance company Ltd. offers 6 modes of premium payment namely:
• Cash payment at the branch
• Online Payment

For the online payment mode, the policyholder can pay via;
• Credit Card
• Debit Card
• Net banking

Company profile :

Type Joint Venture

Industry Insurance

Founded March 2001

Headquarters Mumbai, India

Key people Mr. Arijit Basu, MD & CEO

Products Life insurance

Pensions

Owner SBI, BNP Paribas

Number of employees 7,335 on-roll employees and 96,000 agents