State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

SBI Life Insurance is a joint venture between State Bank of India (SBI) and BNP Paribas Assurance. SBI Life is currently the biggest private sector insurance company in India.

SBI Life Insurance at a Glance

Maximum tenure of SBI Life Insurance
A maximum tenure of 30 years

Min Sum Assured: Rs 20 Lakhs Max Sum Assured: No limit subject to underwriting

Specific exclusions: Suicide within the first 12 months

List of plans:

SBI Life Insurance Unit Linked Plans:

SBI Life Smart Wealth Builder
SBI Life Smart Wealth Assure
SBI Life Saral Maha Anand
SBI Life Smart Scholar
SBI Life Smart Elite:
SBI Life Smart Power Insurance

SBI Life Insurance Child Plans:

SBI Life Smart Champ Insurance:
SBI Life Smart Scholar:

SBI Life Insurance Pension Plans:

SBI Life Saral Pension
SBI Life Retire Smart
SBI Life Annuity Plus

SBI Life Term Insurance Plans:

SBI Life Smart Shield
SBI Life Saral Shield
SBI Life eShield
SBI Life Grameen Bima

SBI Life Endowment Plans

Documentation needed to apply for an SBI Life Insurance

1. Identity Proof
2. Age Proof
3. Income Proof
4. Address Proof
5. PAN Number

Contact:

State Bank of India
State Bank Bhavan, Madam Cama Road
Mumbai-400021.

SBI Office Phone Number: +91-22-22029456
SBI Office Fax Number: +91-22-22742431