SBI Life Insurance is a joint venture between State Bank of India(SBI) and BNP Paribas Assurance. SBI Life is currently the biggest private sector insurance company in India with a 6.12% share of the total market. The company offers its customers a comprehensive range of life insurance and pension products at competitive prices.
SBI Life operates with a unique multi-distribution model encompassing Bancassurance, Retail Agency, Institutional Alliance and Corporate Solutions distribution channels. Coupled with SBI’s access to over 100 million accounts across India, SBI Life uses this relationship to provide insurance products to customers from all walks of life.