Check SBI Life Policy Status and Latest Fund Value Online

Check SBI Life Policy Status and Latest Fund Value Online
Check SBI Life Policy Status and Latest Fund Value Online

SBI Life Insurance is a combined undertaking of BNP Paribas Cardiff and State Bank of India. It was founded in the year 2001 and has its headquarters in Mumbai. SBI holds 74% share of the capital sum of SBI Life whereas BNP Paribas Cardiff holds 26% of the capital sum.

SBI life provides policies under ULIP and traditional plans across all sections and is one of the key players in the insurance domain.

SBI Life Insurance Features

  • It is backed by State Bank of India which is one of the strongest banks in India.
  • It was awarded the “Life Insurance Company of the Year” in 2016
  • Life cover of 1 crore offered at as low premium as Rs. 18*/day.
  • 69% claim settlement ratio in the year 2016 – 2017
  • In 2016-2017, 99.98% grievances were resolved.
  • Has access to more than 100 million accounts across India.
  • It has the most productive team with respect to insurance agents and is associated with more than 80000 door-to-door advisors.
  • It has wide range of insurance products and financial services.
  • Most of the services can be availed online like checking SBI Life Insurance Policy status, buying a new policy, paying the premium etc.

SBI Life Insurance Policy Status

Earlier the checking of SBI Life Insurance Policy status or SBI Life Policy Status was a tedious process. Customers had to visit the SBI Life branch office or an authorized agent and request for the current SBI Life Insurance Policy status.

With the advancement of technology SBI Life launched an e-portal smartcare[dot]sbilife[dot]co[dot]in/SmartCare/onbording[dot]html to ease the process of checking SBI Life Insurance Policy status and Latest Fund Value Online. In fact the e-portal not only provides the facility of checking the SBI Life Insurance policy status but also other features like checking fund value, paying the premium amount, getting premium paid certificate, buying policy online and many more. In short the entire process involving life insurance policies can be done online. This is truly a boon for the customer.

Process to See the SBI Life Insurance Policy Status Online

  • Account Set Up/Registration Process

 The process to see SBI Life Insurance policy status online or SBI Life Policy Status and Latest Fund Value Online is very simple. Customers need to do a one time registration process at mypolicy[dot]sbilife[dot]co[dot]in. The process is very simple as the customer has to just key in their Policy Number, Email-ID, Customer ID, and Date of Birth as revealed in the policy document. Once the appropriate details are entered, an email with password reset link will be sent to the customer’s email account. Once the customer clicks on the password reset link, he/she will be automatically re-directed to password reset screen where he/she can set a new password. Once the password is reset, the registration process is complete. Once the account registration is complete, one can add all his/her existing SBI life policies to the account.

  • To Check the SBI Life Insurance Policy Status Online

1. Login to e-portal of SBI Life with your login name and password

2. Click on “View Policy”

3. Select the correct policy number

4. The current SBI Life Insurance policy status like renewal date, premium amount, maturity etc will be listed.

  • SBI Life Insurance Policy Status SMS Alert

SBI Life also provides the facility to receive policy update on SMS. The SBI Life Insurance policy status can be obtained by

Sending below SMS to 56161 or 9250001848

POLSTATUS<<space>>(Policy Number)

This above activation SMS may be chargeable. Once the customer sends the above SMS, the SBI Life Insurance policy status will be received as SMS in a few minutes of time.

Check Modern Fund Value of SBI Life Policy Online

Most of the policy holders are always eager to find out their fund value. The eagerness is so high that customers end up sharing private information such as policy number or mobile number to complete strangers online who assure to inform about the latest fund value. SBI life has made this process very simple for customers so that they can independently find out their policy’s fund value. In fact the process is exactly similar to the process of checking SBI Life Insurance policy status or SBI Life Policy Status and Latest Fund Value Online.

  • Check the Latest Fund Value Online

Firstly the account set up and registration should be complete as described above in the “Process to check SBI Life Insurance policy status online” section. If the registration is already complete, user can login in to the e-portal. Go to “View Policy” and select the correct policy number. Now proceed to see the “Policy Status” and click on “Fund Value” tab. The latest update of the fund value is available.

  • Check Fund Value Through SMS Alert

The latest update on investment value can be obtained as a SMS alert too. To activate send below SMS to 56161 or 9250001848 from the registered mobile number:

  • Check Fund Value Through Missed Call

One can also receive the latest update of fund value by giving a missed call on 022-27599901

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