About SUDLife

Founded in 2009, Star Union Dai-ichi Life Insurance (SUD Life) is a joint venture between two of India's leading public sector banks, Bank of India and Union Bank of India, and Dai-ichi Life Holdings, a leading life insurance company in Japan.

With a robust collective network of over 15,000 bank branches catering to more than 9.2 million customers, SUD Life has one of the largest life insurance distribution footprints in India. Bank of India and Union Bank of India have sponsored select Regional Rural Banks, which provides SUD Life access to more than 1950 branches that make life insurance products available in rural areas.

Established in 1902, Dai-ichi Life is the second largest life insurance company of Japan and is one of the top ten life insurers globally, renowned for sound product knowledge, superior asset management skills, and strong operational capabilities to manage life insurance businesses.

At SUD Life, our customers are our priority. We are committed to providing insurance products that serve our customers’ unique needs across various strata of society and geographies.

The promoters of SUD Life have a long-term commitment towards their customers and stakeholder. These strengths and values have been inherited by SUD Life, as we make our way to becoming the next rising star in the Indian life insurance business, promising exceptional value to all.

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Claims honoured

* Claim statistics for FY-22-23 and computed basis individual claims settled over total individual claims for the financial year.




Bank branches
across India 



Our Vision,Mission,Philosophy & Values


Protecting Families,
Enriching Lives!


To be the Trustworthy Lifelong Insurance Partner


Converting Transactional Relationships into Subscriptional Relationships


Empathy, Collaboration,
Humility, Ownership

The Driving Force

Board of Directors

Visionaries at SUD Life

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Driving Force of SUD Life

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Latest Awards

CSR Initiatives


Bank of India

Bank of India was founded on 7th September, 1906 and was under private ownership and control till July 1969, when it was nationalised along with 13 other banks.

Union Bank of India

Union Bank of India was founded on 11 November 1919 with its headquarters in Mumbai, being inaugurated by Mahatma Gandhi, in the year 1921.


Dai-ichi Life was founded in 1902 as Japan's first mutual life insurance company (“The Dai-ichi Mutual Life Insurance Company”).