Icici Prudential vs Sbi Life Life Insurance 2026 | PolicyX
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COMPANY DETAILS ✎ Edit

Icici Prudential

✎ Edit

Sbi Life

Rating
Number of life insurance plans and add-ons
Annual Premiums Collected (2024-25)

Annual Premiums Collected (2024-25)

₹ 950.71 crores

Annual Premiums Collected (2024-25)

₹ 984.63 cr
Payout Options

Payout Options

Lump sum, monthly, or a combination of both

Payout Options

-
Claim ratio

Payout Options

99.3%%

Payout Options

98.83%%
Solvency Ratio

Solvency Ratio

2.12

Solvency Ratio

1.96
Pan India Presence

Pan India Presence

506

Pan India Presence

1154
Riders Available

Riders Available

Terminal Illness Benefit, Income Benefit Rider, Waiver of Premium, Critical Illness Benefit, Permanent and Partial Disability Benefit, Accidental Death Benefit

Riders Available

-
Inception year

Inception year

27,160.06 cr

Inception year

-
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

2001

Complaint ratio per ₹1 crore of premium collected

-
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
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Types of ICICI Prudential Life Insurance Plans

Every plan currently being sold by ICICI Prudential Life Insurance, shown side-by-side so you can shortlist quickly.

Types of SBI Life Insurance Plans

Every plan currently being sold by SBI Life Insurance, shown side-by-side so you can shortlist quickly.

SBI Life Smart Shield Premier

The SBI Life Smart Shield Premier is a term plan offering high life cover starting from ₹2 Crore, with options for level or incr... Read More

Unique Features

  • High Life Cover Starting from ₹2 Crore
  • Level or Increasing Cover
  • Coverage Up to Age 85
Sum AssuredMinimum Entry Age: 18 years
Entry AgeMaximum Entry Age: 60 years
View plan

Life Insurance Articles

Quick Comparison with Other Insurers

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Expert Reviewed

Reviewed By: Naval Goel

Naval Goel has over a decade of expertise in the insurance sector, having worked with companies like AIG, New York. He is an Associate Member of the Indian Institute of Insurance, Pune, and is authorized by IRDAI to act as Principal Officer of PolicyX.com Insurance Web Aggregator.

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