Let’s read this article to understand in-depth about each and every life insurance policies of SBI Life along with their key features. Get ₹1CR Cover at ₹512/month. No GST Adds More Savings to Your Policy. Choose from Level Cover, Increasing Cover, or Level Cover with Future Proofing Benefit. Choice of two income plan options to suit your financial needs – Guaranteed Income & Life Income Get return of 110% of total premiums paid at the end of policy term SBI Life Insurance offers a range of life insurance and pension products to meet different financial needs and life stages. Learn about term, savings, ULIP, child, retirement, wealth creation and protection plans, and compare their features and benefits.