Sbi Life vs Hdfc Investment Life Insurance 2026 | PolicyX

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Overview

SBI Life Insurance: Overview

SBI Life Insurance Plans are categorized under savings plans, protection plans, wealth creation insurance plans, retirement plans, child plans, money back/income plans, and more, catering to individuals with different financial and protection needs. SBI Life Insurance is a collaboration between the State Bank of India and the French Financial Institution BNP Paribas Cardif. SBI Life Insurance holds a 55.50% stake in the company, and BNP Paribas Cardif owns a 0.22% stake, along with other investors.

SBI Life Insurance Company caters to your insurance needs by offering:

  • Wide range of plans
  • Reliability and trust
  • Ease of purchase
  • Tax benefits
  • Affordable insurance plans
COMPANY DETAILS ✎ Edit

Sbi Life

✎ Edit

Hdfc Investment

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

Annual Premiums Collected (2024-25)

₹ 984.63 cr

Annual Premiums Collected (2024-25)

₹ 000 to No limit
Payout Options

Payout Options

-

Payout Options

-
Claim ratio

Payout Options

98.83%%

Payout Options

Minimum Age - 5 year%
Solvency Ratio

Solvency Ratio

1.96

Solvency Ratio

80 years
Pan India Presence

Pan India Presence

1154

Pan India Presence

Annual, half-yearly,
Riders Available

Riders Available

-

Riders Available

Minimum term - 6 years Maximum term - 30 years
Policy Term

Policy Term

-

Policy Term

5 to 12 years
Inception year

Inception year

-

Inception year

-
Complaint ratio per ₹1 crore of premium collected

Complaint ratio per ₹1 crore of premium collected

-

Complaint ratio per ₹1 crore of premium collected

-
Average claim settlement time

Average claim settlement time

-

Average claim settlement time

-
IRDAI registration number

IRDAI registration number

-

IRDAI registration number

-
Awards and recognitions

Awards and recognitions

-

Awards and recognitions

-
Recommended Videos
SBI Best Lumpsum Plan 2025 | SBI Best Lumpsum Mutual Fund Scheme | SBI Best MF For Lumpsum Invest

SBI Best Lumpsum Plan 2025 | SBI Best Lumpsum Mutual Fund Scheme | SBI Best MF For Lumpsum Invest

Riders

Riders You Can Avail With SBI Life Insurance Plans

Name of the Rider Benefits
SBI Life Accidental Death Benefit Rider This rider provides an additional sum assured if the policyholder dies within 120 days due to an accident.
SBI Life Accidental Total and Permanent Disability Rider This rider offers the sum assured if the policyholder suffers from total and permanent disability due to an accident.
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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

SBI Life - Smart Shield Premier is a plan designed for individuals who want enhanced financial protection and flexibility. This pl... Read More

Unique Features

  • High Life Cover Starting from ₹2 Crore
  • Level or Increasing Cover
  • Coverage Up to Age 85
View plan

Types of HDFC Investment Plans Plans

Every plan currently being sold by HDFC Investment Plans, shown side-by-side so you can shortlist quickly.

HDFC Super Income

HDFC Super Income Plan is a comprehensive, non-linked savings plan that provides a combination of regular income and insurance cov... Read More

Unique Features

  • Start earning from 2nd year
  • 9 plan options
  • 3.4% to 12.5% extra benefits
Sum AssuredMinimum entry age: 30 Days
Entry AgeMaximum entry age: 59 years
View plan

HDFC Sampoorn Samridhi Plus

‘A plan that offers you dual benefits - savings and whole life coverage.’ HDFC Sampoorn Samridhi Plus combines whole-life and ... Read More

Unique Features

  • Guaranteed additions
  • Lifetime coverage
  • Loan against policy
Sum AssuredMinimum entry age- 30 Days
Entry AgeMaximum entry age- 60 years
View plan

HDFC Life Uday Plan

Invest today for a worry-free tomorrow with the HDFC Life Uday Savings Plan for a brighter future.HDFC Life Uday, from HDFC Life I... Read More

Unique Features

  • Discount on Sum Assured
  • Guaranteed Additions
  • 2 Rider Benefits
Sum AssuredMinimum entry age: 18 years
Entry AgeMaximum entry age: 55 years
View plan

HDFC Assured Gain Plus

HDFC Life Assured Gain Plus is a non-linked participating savings life insurance plan offering financial protection to your family... Read More

Unique Features

  • Limited Premium Payment Term
  • Guaranteed Sum Assured
  • Terminal Bonus Benefit
Sum AssuredMinimum entry age- 3 years
Entry AgeMaximum entry age- 65 years
View plan

HDFC Guaranteed Wealth Plus

'A plan that helps you save for your future goals.' The insurance market is filled with several insurance products, each with its ... Read More

Unique Features

  • Dual Benefits
  • Guaranteed Income
  • Lump Sum and Income Variant
Sum AssuredMinimum Entry Age: 12 years
Entry AgeMaximum Entry Age: 60 years
View plan

HDFC Guaranteed Income Plan

HDFC Life Guaranteed Income Insurance Plan is a non-linked, non-participating life insurance saving plan. It offers a regular inco... Read More

Unique Features

  • Limited premium payment term
  • Guaranteed sum assured
  • Terminal Bonus Benefit
Sum Assured<ul> <li>Minimum entry age: 3 years</li> <li>Maximum entry age: 65 years</li> <li>Minimum sum assured: Depends on monthly premiums</li> <li>Maximum sum assured: No Limit</li> <li>Maximum policy term: 15 years</li> </ul>
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HDFC My Assured Income Plan

‘A combination of income and family protection plan’. HDFC Life My Assured Income Plan is a perfect blend of a guaranteed inco... Read More

Unique Features

  • Guaranteed income benefits
  • Terminal benefits
  • Life coverage
Sum AssuredMinimum entry age: 2 years Maximum entry age: 60 years Minimum sum assured: NA Maximum sum assured: NA Maximum policy term: 16 years
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HDFC Sanchay Plus

Achieving personal milestones is crucial for securing your future. These milestones often come with added responsibilities, expens... Read More

Unique Features

  • Guaranteed Benefits
  • Death Benefits
  • Sample Premium Rates
Sum AssuredMinimum entry age: 5 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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