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SBI Life Insurance Company Ltd operates in the life insurance industry in India. It offers a broad range of products including life insurance, annuities, traditional insurance plans, unit-linked plans (ULIPs), individual and group insurance, as well as retirement solutions. The company is a joint venture between State Bank of India and BNP Paribas Cardif S.A. SBI Life Insurance leverages a multi-channel distribution network supported by the extensive banking infrastructure of State Bank of India to reach its customers. It is engaged primarily in providing life insurance and savings products to clients across India.