Various Products offered by SBI Life :
Protection Products - Currently available products to purchase
1. SBI Life-Shield : Is a plan that offers a life cover at low cost. It is a traditional pure risk policy.
2. SBI life-Swadhan : Is a traditional Term Plan which provides protection and a refund either part / total premium at the end of the duration of the policy to the policyholder.
3. SBI Life Saral Shield : Saral Shield provides cover for your family and ensures that a proper safety net is created.
Saving Plans - Currently available products to purchase
1. SBI Life-Sanjeevan Supreme : Is a plan with a Life Insurance cover and a guaranteed money back scheme at various intervals. Benefit of this plan is you pay the premium for a specific period of the term only and rest of the term you do not have to pay.
2.
SBI Life-Money Back : Is a saving plan where you get a cover and also funds at various intervals during the policy.
3. SBI Life - Shubh Nivesh : Shubh Nivesh is an Endowment product with an option of Whole Life coverage. The basic purpose is to provide Savings, Income and Protection to you and your family.
4. SBI Life Flexi Smart Insurance : It gives you flexibility to adapt to your ever-changing needs, while assuring guaranteed benefits to take care of your savings.
Saving Plans - Old products not available for fresh purchase
1. SBI Life- Sudarshan : This plan provides protection and savings. It is a regular endowment plan where you save for the future and at the end you get an accumulated amount with bonuses.
Unit Linked Products - Currently available products to purchase
1. SBI Smart Performer : It offers the double benefits of ’Higher than the Highest’ of the daily NAV Guarantee and the view of market upside.
2. Unit Plus Super : It offers you guaranteed additions and choice of payment options, giving you far superior value.
3. Saral Maha Anand : Twin Benefit of Market linked returns & insurance cover.
4. SBI Life Smart Elite : It gives you flexibility to pay premium(s) for limited term or single premium, with the freedom to stay invested and protected for long term.
5. SBI Life Smart Scholar : Its
provide you with a unique, flexible and all-encompassing solution through our SBI Life - Smart Scholar Plan.
Unit Linked Products - Old products not available for fresh purchase
1. SBI Life-Unit plus II : Is a unit linked plan where it gives you an option of choosing from 5 different investment funds.
2. SBI Life-Unit plus Elite Is a unit linked plan where the premium paying term is for a limited period. There are two options available with this plan Gold Cover and Platinum Cover.
3 SBI Life-Unit Plus Child Plan : Is a unit linked Child Plan. This plan is designed especially to meet the future needs of your child.
4. SBI Life-Smart ULIP : Is a unit linked plan which gives investment and insurance benefits.
5. SBI Life-Horizon :Is a unit linked plan with automatic asset allocation, giving you higher returns on your funds invested in the plan.
Health Plans - Currently available products to purchase
1. SBI Life – Group Criti9 : This plan provides protection against 9 critical illnesses where Sum Assured is paid in lump sum on diagnosis of any one of covered critical illnesses.
2. SBI Life – Hospital Cash : It is a comprehensive plan that covers not only hospitalization expenses but also other incidental costs
Child Plan - Currently available products to purchase
1. SBI Life Scholar II : I SBI Life - Scholar II has guaranteed benefits which are payable at the regular intervals during the term of the policy.
Pension Products - Currently available products to purchase
1. SBI Life-Lifelong Pension : This plan helps to satisfy your needs after retirement. Although retired you still have the finance to fulfill your desires. It is a regular pension product.
Pension Products - Old products not available for fresh purchase
1. SBI Life-Unit plus II Pension : Is a unit linked Pension Plan where you can choose to pay either single or regular premium for the entire term.
2. SBI Life -Horizon II Pension : A unit linked plan which has an automatic asset allocation where you need not worry about investing your funds. The plan does it all for you. It invests in mainly three different funds.
3. SBI Life-Immediate Annuity : This plan provides annuity payment immediately from payment of purchase price.
Group Products - Group Protection Plans:
1. SBI Life - Sampoorn Suraksha
4. SBI Life - Credit Guard
5. SBI Life - Suraksha Plus
Group Protection Plans - Old products not available for fresh purchase
1. SBI Life - Super Suraksha
2. SBI Life - Super Suraksha in Lieu of EDLI
Term Insurance : Currently available products to purchase
1. SBI Life - Sheild
Retirement Solutions: Currently available products to purchase
1. SBI Life - Cap Assure Gratuity Scheme
2. SBI Life - Cap Assure superannuation Scheme
3. SBI Life - Cap Assure Leave Encashment Scheme
5. SBI Life – Cap Assure
6. SBI Life - Dhanrashi
7. SBI Life - Swarna Jeevan
8. SBI Life - Swarna Ganga
Retirement Solution - Old products not available for fresh purchase
1. SBI Life - Kalyan ULIP
2. SBI Life - Group Immediate Annuity
3. SBI Life - Golden Gratuity
4. SBI Life - Group Gratuity cum Life Cover Scheme
5. SBI Life - Group Superannuation Scheme
6. SBI Life - Group Leave Encashment cum Life Cover Scheme
Registered Office :
State Bank Bhavan, Madam Cama Road,
Nariman Point,
Mumbai - 400 021.
Disclaimer: Please note that the information provided is collected from sources publicly available & we believe to be reliable. The website doesn’t warrant the accuracy, reliability & absolute information available on the website. Participation by site visitors or registered customers is on a voluntary basis. The policies are offered by various life Insurance & non-life insurance offering companies and Bimadeals does not seek to, either directly or indirectly, advise, offer, solicit or recommend that any person who is or proposes to become its member should purchase the Policy.
