SBI Life Insurance Company Limited Stock Company Profile

Description

SBI Life Insurance Company Limited operates as a private life insurance company in India. Its life insurance business comprises of individual life and group business, including participating, non-participating, pension, group gratuity, group leave encashment, group superannuation, group immediate annuity, unit-linked and variable insurance products, health, and micro insurance. The company also provides accident and disability benefit, level term, and critical illness insurance products. It offers its products through a multi-channel distribution network comprising individual agents, SBI branches, brokers, corporate agents, banca partners, and certified insurance facilitators, as well as common service centre, insurance marketing firm, direct business, and website and web aggregators. The company was incorporated in 2000 and is based in Mumbai, India. SBI Life Insurance Company Limited is a subsidiary of State Bank of India.