SBI Life offers a variety of life insurance products, including protection, savings, and retirement plans, catering to the diverse needs of customers. SBI Life Insurance Company Limited is an Indian life insurance company that was established in March 2001 through a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI holds a 55.50% stake in the company. The company has over 18,000 employees as of 2023. The company's headquarters are located in Mumbai, India.