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SBI Life Insurance User Reviews

245 reviews Rate This
Claim Settlement Ratio93.09%
Death Benefit Paid For212,57 Policies
Presence992 offices
Total Death Benefit Paid810.71 Crore

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Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification
Rating of SBI
Based on
245 User reviews
  • Excellent Education Resources

    While looking for a good life insurance policy, InsuranceDekho offers a wealth of educational resources to help you understand life insurance. Through their guidance, I bought the SBI Life Insurance Policy.

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    Raghav Verma
    On: Nov 15, 2023
  • Great Resource for Information

    While looking for a good life insurance policy, I found that InsuranceDekho provides valuable resources and information about life insurance. It's a one-stop shop for all the knowledge you need to make an informed decision. I could easily purchase the SBI Life Insurance Policy.

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    jagdish Roat
    On: Nov 08, 2023
  • Excellent Policy Management

    The InsuranceDekho’s website allows for easy policy management, making it simple to make changes or updates for my SBI Life Insurance Policy as my circumstances evolve.

    Read More
    Vinay Kumar
    On: Nov 03, 2023
  • Transparent Information

    I was very happy when I bought the SBI Life Insurance Policy. InsuranceDekho provided clear and transparent information about the policies, terms, and conditions. No hidden surprises, which I appreciated.

    Read More
    Roshni Lafa
    On: Oct 30, 2023
  • Life Insurance Made Affordable

    InsuranceDekho helped me find an SBI Life Insurance Policy that fits my budget without compromising on coverage. It's a win-win.

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    Abhijeet Singh
    On: Sep 27, 2023
  • Safeguarding Financial Security

    With InsuranceDeko's SBI Life Insurance Policy, I'm confident that my family's financial security is safeguarded, no matter what life throws our way.

    Read More
    Vivid Chawla
    On: Sep 20, 2023
  • Peace of Mind for the Future

    The SBI Life Insurance Policy from InsuranceDekho has given me the peace of mind that I'm taking care of my family's future, no matter what happens. Thanks to this wonderful plan for always keeping us up to date.

    Read More
    Naresh Roy
    On: Sep 14, 2023
  • Riders for Enhanced Protection

    InsuranceDekho offers a range of riders, and I added my SBI Life Insurance Policy for enhanced protection. These include critical illness riders, accidental death riders, and more, providing additional financial security in various scenarios.

    Read More
    Jai Bhatia
    On: Sep 11, 2023
  • Amazing customer support

    I am a policyholder of the SBI Life Insurance Policy from InsuranceDekho. I contacted the customer team of InsuranceDekho for some queries and got valuable suggestions from them. Their customer support team was prompt in replying, as always. 

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    Isha Manaktala
    On: Sep 01, 2023
  • Wide range of insurance quotes

    I came across InsuranceDekho for the first time and was amazed by the wide range of insurance policies. I generated free quotes and after a swift comparison, I bought the SBI Life Insurance Policy. 

    Read More
    Shereen Sheikh
    On: Aug 28, 2023

Latest News on SBI Life Insurance

  • How to Download an SBI Life Term Receipt Online?

    How to Download an SBI Life Term Receipt Online?

    SBI Life term insurance premium receipt download process is quick and easy. The policyholders can visit the official website of SBI Life Insurance and download the policy receipt online with ease. Read on to know the complete process.
    By Saumya Srivastava15 Mar 2023
  • How To Revive Lapsed SBI Term Insurance?

    How To Revive Lapsed SBI Term Insurance?

    If the policyholder fails to pay the premium for SBI Term Insurance, then the term insurance policy will lapse. However, you can get your policy revived. Read on to understand how.
    By Saumya Srivastava17 Feb 2023
  • How To Make SBI Life Insurance Renewal Payment?

    How To Make SBI Life Insurance Renewal Payment?

    SBI Life Insurance policy renewal payments can be done in a few easy steps. You can pay premiums both online and offline. Read on to find out the process of making payments for a life insurance plan.
    By Saumya Srivastava05 Jan 2023
  • How to Pay SBI Life Insurance Premiums?

    How to Pay SBI Life Insurance Premiums?

    SBI Life Insurance premium payment process is quick and easy. Individuals can choose to pay either online through internet banking, UPI, the SBI website, or offline according to their convenience. Read on to find out how to pay your SBI life insurance pre
    By Saumya Srivastava03 Jan 2023
  • SBI Life Pension Plans - Top Plans & Benefits

    SBI Life Pension Plans - Top Plans & Benefits

    SBI Life pension plans offer death cover on the life guaranteed, which is payable to the nominee during the policy term. Policyholders receive vesting benefits.
    By Saumya Srivastava28 Dec 2022
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Life Insurance News

Claim Process at SBI Life Insurance

  • 1

    Claim Intimation

    In the event of the death of the life assured, the insurance company should be intimated as early as possible.
  • 2

    Submission of Documents

    For easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
  • 3

    Claim Evaluation

    After successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.

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FAQ About SBI Life Insurance

  • Why should I choose SBI Life Insurance?

    SBI Life offers a variety of comprehensive plans that you can choose from according to your requirements and budget. SBI Life insurance has a high Claim Settlement Ratio of 94.52% FY 2019-20. The plans offered by SBI Life Insurance are affordable.

  • What all life insurance plans does SBI Life offer?

    SBI provides Protection plans (Term plans), Online Plans, Savings Plans, Wealth Creation Plans, Retirement Plans and Child Plans.

  • What is the grace period of SBI Life Insurance plans?

    SBI offers a 30 days grace period for the premium due date for yearly, half-yearly and quarterly mode of premium and 15 days for monthly mode of premium. The policy will not lapse during the grace period and will lapse thereafter if no premium is paid.

  • What factors will determine the premium of SBI Life Insurance plans?

    Policyholder’s age, sum assured, gender, lifestyle, job, medical history, type of policy and tenure of the policy and Riders (if any) are some of the factors that determine the premium of SBI Life Insurance Plans.

  • What is the Claim settlement Ratio of SBI Life Insurance?

    SBI Life Insurance has a claim settlement ratio of 94.52% for the year 2019-20.

SBI Life Insurance Contact Details

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