Sbi insurance policy status is that everyone should have secured life in all aspects either physically, mentally or materialistically. One by one we can get ideas about these three aspects. For keeping your family secured health wise you need to buy a pension or insurance policy for you. Physical protection is given by the financial protection like if a person of your family would die because of an accident then under the health risk of that member you can get amount from the insurance company. Sbi life pension plan isa plan in which after retirement from the job the holder of the policy gets an amount like pension amount from insurance company. Sbi life insurance plans are health plan, sbi pension plan, sbi education plan, sbi property plan and sbi life assured plan. On the vehicles and the buildings which are your personal properties sbi is giving risk plans like auto plans which keeps guarantee to secure the property.