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SBI Life Insurance Company Limited (SBILIFE)
What SBILIFE does

SBI Life Insurance Company Limited

What company does?Provides life insurance services
Established2001
Entity typePrivate
HeadquartersIndia
SegmentB2C
SBI Life Insurance Company Limited is a share market listed company in the Financial Services industry . It got listed on NSE on 03-OCT-2017 under the trading symbol SBILIFE. On BSE it is listed under trading symbol SBILIFE. The company operates in Finance , Insurance and Investment categories.

Company overview

SBI Life Insurance Company Limited is a joint venture between State Bank of India (SBI) and BNP Paribas Cardif. Established in 2001, the company has successfully combined the extensive reach and expertise of SBI in the Indian market with the global insurance experience of BNP Paribas Cardif.

SBI Life offers a comprehensive range of life insurance and pension products at competitive prices to its vast customer base. These include individual life insurance, group plans, protection plans, child education plans, retirement plans, and savings plans.

The company stands out from its competitors due to its strong focus on technology integration for providing superior service to customers. It leverages innovative technologies such as artificial intelligence (AI), machine learning, data analytics, and digital platforms for seamless operations and enhanced customer experiences.

With an extensive network of over 800 branches across India, SBI Life has made significant strides in reaching out to customers even in remote locations. The company's commitment to financial inclusion coupled with robust risk management practices sets it apart within the highly competitive insurance industry.

In addition to this, SBI Life has also partnered with various banks and financial institutions to expand its distribution channels and offer tailor-made solutions that cater specifically to diverse customer needs.

This strategic collaboration further enhances the accessibility of their products while reinforcing their position as a trusted insurer among consumers.

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