SBI User Reviews
Claim Settlement Ratio | 97.05% |
Death Benefit Paid For | 212,57 Policies |
Inception | 2000 |
Presence | 992 offices |
Solvency Ratio | 2.15 |
Total Death Benefit Paid | 1676.95 Crore |
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.
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User Reviews on SBI Life Insurance Alternatives
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FAQs
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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.
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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.
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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.
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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.