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SBI Life Term Insurance Plans and Review

Everything about SBI Life term insurance plans, premiums, claim settlement, and buying guide.

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SBI Life term insurance guide - risograph illustration of nationwide reach with towns connected by a path

SBI Life Term Insurance: Full Guide

SBI Life Insurance is effectively a subsidiary of State Bank of India, which holds approximately 55.4% of the company. The insurer was originally a 74:26 joint venture with BNP Paribas Cardif, but the French insurer has progressively reduced its stake since 2019 and now holds a negligible position. For term insurance buyers, SBI Life’s most … Read more

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IRDAI Key Metrics for SBI Life

FY 2024-25 | IRDAI Annual Report & Handbook

98.83%

CSR (Count)

97.03%

CSR (Amount)

196%

Solvency Ratio

4.3%

Lapse Ratio

54.8%

5yr Persistency

44,729

Claims Settled

CSR = Claim Settlement Ratio (individual death claims). Solvency as of March 2025. Persistency = % of policies still in force at 61st month. Count-Amount gap: 1.8pp.

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