SBI Life Insurance Company Limited is a joint venture between the State Bank of India and BNP Paribas

Assurance. State Bank of India owns 74% and BNP Paribas Assurance holds the remaining 26% of the stake of the joint venture. State Bank is the largest banking franchise in India and. Along with its seven associate banks, it has the strength of over 18,500 branches across the country and the largest in the world. BNP Paribas Assurance is the insurance arm of BNP Paribas. It is one of the oldest foreign banks with its presence in India since 1860. SBI Life is registered with a capital of Rs.2000 crores and a paid-up capital base of Rs.1000 crores. It offers a great base for insurance penetration across every region and economic strata in the country ensuring true financial inclusion. Mr. Uday Shankar Roy is the MD & CEO of SBI Life Insurance Company. SBI Life Insurance - Product Portfolio

SBI Life Term Plans:

These are low cost life insurance plans which are designed to provide full protection & financial stability to your family in case of any unforeseen events

SBI Life Smart Shield SBI Life Swadhan SBI Life Saral Shield

SBI Life ULIP Plans:

These are unit linked insurance plans which provide you with a wide array of funds, riders and other options, and give you the complete freedom to fulfill all your investment and insurance needs. Regular Premium

SBI Life Smart Performer SBI Life Unit Plus Super SBI Life Saral Maha Anand SBI Life Smart Elite SBI Life Smart Scholar

SBI Life Smart Horizon SBI Life Smart Wealth Assure

SBI Life Pension Plans:

Pension plans help you to save for your old age so, that you maintain the same life style even after you retire and live life tension free.

SBI Life Annuity Plus SBI Life Saral Pension

SBI Life Child Plans:

SBI Life plans helps you accumulate and save for your childs bright future.

SBI Life - Scholar II SBI Life - Smart Scholar

SBI Life Traditional Plans:

These are low risk investment plans which provides guaranteed amount on maturity and help you plan systematically for your future.

Endowment

SBI Life - Flexi Smart Insurance SBI Life - Shubh Nivesh SBI Life - Saral Life

Money Back

SBI Life - Smart Money Back Insurance SBI Life - Sanjeevan Supreme SBI Life - Sanjeevan Supreme

SBI Life HealthInsurance Plans:

SBI Life policies cater to your needs in case of an medical emergency and provide you money at time when you need it most.

SBI Life - Group Criti9 SBI Life- Hospital Cash

Compare all SBI Life insurance plans from other life insurance companies in India to get the best insurance plan that suits your investment, savings or health insurance needs.

SBI Life Distribution Network:

SBI Life has a unique multi-distribution model with Bancassurance, Retail Agency, Institutional Alliance and Corporate Solutions distribution channels. SBI Life leverages the State Bank Group relationship as a platform for cross-selling insurance products which has bank accounts of over 100 million customers. It also has over 85,000 Insurance Advisors who offer door to door insurance solutions to customers.

SBI Life Pension plans help you to save for your old age so, that you maintain the same life style even after you retire and live life tension free. SBI Life offers an annuity plan as a pension scheme to its customers for their post retirement needs

SBI Life Annuity Plus: A non-participating immediate annuity retirement plan, which offers a comprehensive range of annuity options along with inbuilt flexibilities. It provides an opportunity to you to maintain your standard of living in your golden years. SBI Life Saral Pension:

Retirement is a crucial phase and if planned out proactively, it can be the most celebrating time in ones life. SBI recently launched a new pension plan named as SBI Life Saral Pension, a traditional pension plan that promises steady guaranteed returns untouched by the turbulence of the market. It is a participating plan that lets the policyholder share the profit made by the life insurance company. Saral Pension offers unique features and flexibilities to the pensioners:
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Guaranteed bonus on sum assured for first 5 years The option of deferring (postponing) the vested age up to a max of 70 years The flexibility of converting the entire proceeds to annuity or receiving 1/3rd of proceeds as a lump sum and converting 2/3rd to annuity

Tax benefits under section 80CCC, of the Income Tax act 10(10D) & 10(10A) (iii) of the income tax act

You can compare and evaluate the SBI Life pension schemes with other pension plans and annuity rates to zero down on the best pension plan for you and lead a tension free old age.

Details and Benefits of SBI Life Insurance plans

SBI is the very successful Indian enterprise, which is not only booming the banking sector, but also recently, as the very notion of investing a certain amount for future assurance is increasing rapidly, the SBI Life Insurance Company has stepped into insurance sector and even gaining tremendous growth. The company has come up with numerous investment schemes while proving itself as a trusted insurer for many years. The policies and investment plans are specifically designed in such a manner so that it can meet the upcoming needs of every person of every status, and this is not only personal investment plans one can choose, but also there are several products that benefits business class. In which Smart ULIP is very much in demand. So let us tell you further about the features of Smart ULIP and other products of SBI Life Insurance. Smart ULIP: this plan is totally depend on the markets vicissitudes. The policyholder requires a portfolio, under which he can manage his funds during market fluctuation and the returns depends accordingly. Moreover, the returns are high mostly, but risk appetite is the major factor behind high returns. However, the best benefit of Smart ULIP is that it protects policyholder from taxation under tax act, 1961. The policyholders need to pay regular premium but at any point of time can change his funds during policy. Hence, business class who want to protect their money even in down market situation can choose ULIP plan in order to have better investment option. ULIP Elite: Under this plan, policyholder gets the flexibility of managing funds while protecting them against platinum and gold shields. This product has limited premiumpaying years, which depends as per your suitability. One another positive point of ULIP Elite plan is that it covers health and accidental insurance. Protection cum Savings Product: this policy is much more flexible than Smart ULIP and ULIP Elite where the policyholder either can continue the policy until the maturity date or can opt for settlement before the maturity date. However, the settlement period is specified after every 3 years (depends on different terms and condition) when a

policyholder can apply for settlement. However, the sum assured before maturity date do not include any extra bonuses.