SBI General Insurance Company Limited

SBI General Insurance Product Portfolio

SBI General Insurance Health Insurance Plans:

Health insurance plans by SBI General Insurance insure you against medical emergencies and keep your finances stable during trying times. Keeping in mind the high medical costs, buying a good health insurance plan makes sense.

SBI General Insurance Health Insurance Policy - Retail:

SBI General Insurance has designed this policy to cover a wide range of medical treatment expenses and give a sense of security in these times of high healthcare costs. It offers individual as well as family floater options. The family floater benefits the insured by giving comprehensive protection to one’s family members under a single policy. This policy by SBI General Insurance is available in flexible plan options including Metro Plan, Semi Metro Plan and Rest of India. The range of coverage is wide, starting from Rs. 50,000 to Rs. 5 lakh. People with no medical history do not require any medical tests up to the age of 45.

SBI General Insurance Critical Illness Insurance Policy:

Critical Illness Insurance policy by SBI General Insurance provides protection against 13 major critical illnesses. It helps the insured person to be in control of his finances in times of serious illness. The policy provides a fixed sum, irrespective of the actual medical expenses incurred. It helps the insured  bear the high cost of treatment associated with critical illness and stay financially stable. This policy by SBI General Insurance is available in 1-year and 3-year policy tenure options. The sum insured available is up to Rs. 50 lakh and the maximum age of entry is 65 years.

SBI General Insurance Hospital Daily Cash Insurance Policy:

The Daily Cash Insurance Policy by SBI General Insurance provides the insured with a fixed benefit for each day of hospitalization irrespective of the actual medical cost in the event of illness, disease and accidental bodily injury. It provides additional protection and takes care of additional expenses like traveling, food, etc. which are not covered under the  health insurance policy. This  policy by SBI General Insurance covers ICU hospitalization and accident hospital confinement expenses up to twice the daily benefit. Flexible plan options are available with a maximum of 30 days and 60 days coverage.

SBI General Insurance Arogya Premier Policy:

The Arogya Premier Policy by SBI General Insurance is exclusively designed to meet special healthcare requirements of high net-worth individuals (HNIs). The plan provides a wider medical coverage option and allows HNIs to avail the medical treatment from top medical experts. The policy offers wide coverage ranging  from Rs. 10 lakh to Rs. 30 lakh. It comes with automatic reinstatement of sum insured at no additional premium cost. Maternity expenses are covered after the completion of first 9 months. Alternative treatments like Ayurveda, Unani, Siddha and Homeopathy are also covered under this plan by SBI General Insurance.

SBI General Insurance Arogya Plus Policy:

The Arogya Plus Policy is a financial protection against rising OPD medical expenses and hospitalization expenses. It allows one to focus on treatment by taking care of medical expenses in a better way. There are multiple coverage options including individual as well as the family floater. Sum insured options are available in Rs. 1 lakh, 2 lakh and 3 lakh. People with no medical history do not have to undergo any pre-policy medical tests up to the age of 55 years. The plan by SBI General Insurance covers daycare expenses of up to 142-daycare procedures.

SBI General Insurance Arogya Top Up Policy:

The Arogya Top Up Policy allows the insured to  add extra protection at a low premium and smoothly overcome rising medical costs. It acts as a supplement to the normal health insurance policy. The plan offers a wide coverage ranging from Rs. 1 lakh up to Rs. 50 lakh with the deductible option of Rs. 1 lakh to Rs. 10 lakh. People with no medical history do not require pre-policy medical tests up to the age of 55 years. Like the Arogya Plus Policy, the Top Up plan covers daycare expenses for 142-daycare procedures. Alternative treatment under AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy) is also covered. The policy by SBI General Insurance also covers organ donor expenses. The sum insured can be reinstated on payment of additional premium.

SBI General Insurance Loan Insurance Policy:

The Loan Insurance Policy ensures that the insured is able to pay off the loan taken to build or purchase a home at times of illness. This unique policy by SBI General Insurance offers  covers that include critical illness, personal accident and loss of employment to take care of possibilities that may hamper in repayment of the loan. The sum insured is available on a fixed or a reducing balance basis. No medical check-up is required up to sum insured amount of Rs. 1 crore and/or up to 45 years of age. The policy provides coverage for 13 critical illnesses, accidental death or permanent disablement, and loss of a job.

SBI General Insurance Car Insurance Plans:

SBI General Insurance Car Insurance plans provide protective covers along with useful riders and benefits. It offers a comprehensive plan so that you don’t need to worry about anything. Drive safe and follow the traffic rules, and for everything else you have car insurance policy designed by SBI General Insurance.

SBI General Insurance Private Car Insurance Policy - Package: 

SBI General Insurance Private Car Insurance Package Policy is a motor insurance cover that helps tide over unforeseen incidents like accidents, theft, etc. It is designed to cover the compulsory third party liability required under the Motor Vehicles Act, together with loss or damage to the vehicle. This policy by SBI General Insurance also provides cover for personal accidents.

SBI General Insurance Private Car Long Term Insurance Policy:

SBI General Insurance has designed this policy to offer third-party liability only cover for 3 years. You can save yourself from the hassle of annual renewals. It does not get affected by the change in third-party liability premium and GST during the policy term. 

This policy by SBI General Insurance offers additional covers under this policy at an extra premium:

• Personal accident cover extendible to Rs. 15 lakh for private car owners
• Personal accident cover for the occupants. The limit is Rs. 2 lakh per person for cars
• Third-party liabilities arising out of CNG-LPG bifuel kit
• Additional legal liabilities for paid driver/ cleaner/ conductor employed in operation of vehicle and employees other than a paid driver

SBI General Insurance Two Wheeler Insurance Plan:

Two wheeler insurance is the only thing standing between an accident victim and financial loss. Although, Two Wheeler Insurance by SBI General Insurance doesn’t protect your bones in an accident but that bit of paper can save your thousand bucks which you might have to pay on medical expenses.

SBI General Insurance Two Wheeler Package Policy: 

SBI General Insurance Two Wheeler Package Policy provides cover for the two-wheelers from a range of possibilities. This policy by SBI General Insurance is designed to cover the compulsory third party liability as mandated by the Motor Vehicles Act, together with loss or damage to the vehicle. Customized pricing is available based on the individual profile. Discounts can be availed by people between the age of 25 and 55 years. The plan offers an additional discount for insuring the vehicle without a break.

SBI  Long Term Two Wheeler Insurance Policy:

SBI General Insurance offers Long Term Two Wheeler Insurance Policy that covers the third-party liabilities as per the Motor Vehicles Act, along with loss or damage caused to the insured two-wheeler. The coverage is provided for two and three years. Moreover, there is no hassle of renewing it every year and you can get a discount on the premium.

Just like a comprehensive two-wheeler policy,  this policy by SBI General Insurance covers third-party liabilities arising out of the insured two-wheeler towards a third-party in case of an accidental death/injury caused to a person or any damage caused to third-party property from your two-wheeler.  It also includes loss or damage caused to the insured two-wheeler or its accessories from natural and man-made disasters

SBI General Insurance Motor Act Only Long Term Two Wheeler Policy: 

SBI General Insurance has designed this policy to offer third-party liability cover as per the Motor Vehicles Act and the duration is for 5 years. There is no hassle of renewing it every year. The premium doesn’t get affected during the policy term. There are various add-on covers that are available under this policy:

• Personal accident cover extendible to Rs. 15 lakh for private two-wheelers
• Personal accident cover for the occupants. The limit is Rs. 1 lakh per person for two-wheelers and Rs. 2 lakh per person for other class of vehicles
• Additional legal liabilities for paid driver/ cleaner/ conductor employed in operation of vehicle and employees other than a paid driver
• Third-party liabilities arising out of CNG-LPG bifuel kit

SBI General Insurance Home Insurance Plans:

SBI General Insurance offers Home Insurance policies to safeguard your home and give you a comprehensive plan to tackle all problems related to your home to ensure disaster- free living. They also provide you with an inbuilt coverage for earthquakes.

SBI General Insurance Long Term Home Insurance Policy:

The SBI General Insurance Long term Home Insurance plan helps to safeguard one’s home. The policy has been designed to cover loss or damage caused to the building used as a residential home due to fire and a list of special perils. It has in-built coverage for earthquakes. The recommended plan duration is for a minimum of 3 years as it will optimally protect the home from any eventualities. The maximum duration under this SBI General Insurance plan is 30 years. The rate of premium is dependent on the location and period of insurance policy.

SBI General Insurance Simple Home Insurance Policy:

SBI General Insurance has designed this comprehensive policy to offer protection to the entire home including its contents and other related risks including burglary & theft, fire & special perils and breakdown of electrical & electronic appliances. It also provides protection against jewellery, valauables and portable equipments. This plan by SBI General Insurance can be customized as per your requirement. The policy term is available in 2 and 3 years and you can avail tenure discount as well. It also offers annual coverage for terrorism.

SBI Travel Insurance:

SBI General Insurance offers travel insurance cover to help you travel with your loved ones without worries. Things may go wrong even in a well-planned trip, for certain reasons that are beyond our reach. Whether you lose your baggage or passport or even need medical assistance, travel insurance will make sure you have a hassle-free and memorable journey.

SBI General Travel Insurance Policy (Business & Holiday):

SBI General Insurance Travel Insurance (Business and Holiday) plan provides comprehensive cover for the insured and his/her family during international travel. It provides cover against medical and other financial emergencies during one’s trip abroad. The plan insures against expenses incurred for emergency medical treatment of illness, disease and injury sustained during overseas travel and which need immediate action. The policy by SBI General Insurance provides comprehensive coverage including medical cover up to USD 5,00,000. No medical examination is required to avail the policy. It offers worldwide protection and round the clock assistance.

SBI General Insurance Personal Accident Plans:

Personal Accident plans by SBI General Insurance has been designed to protect the insured from accidents that can cause physical and financial hardships. It helps you to stay prepared for hospitalization expenses as well as for mishaps leading to the death or permanent disability and loss of income of the insured.

SBI General Insurance Individual Personal Accident Insurance Policy:

The Personal Accident Insurance policy by SBI General Insurance is designed to cover the loss of life, loss of income and disabilities due to an accident. The policy is aimed at self-employed, salaried and business class people. Add-on covers are available including hospital confinement allowance and ambulance charges. A cumulative bonus is also available in the policy. Permanent Total Disability (PTD) benefit comes with add-ons like education benefit and adaptation allowance at no additional cost.

SBI General Insurance Corporate Insurance:

The Corporate Insurance products from SBI General Insurance help businesses and commercial establishments to cover against any risks associated with or arising from their business.

Health Insurance

• Group Personal Accident Insurance- The Group Personal Accident Insurance policy by SBI General Insurance covers loss of life due to accidents only. The policy can be bought by any permanent Indian resident aged between 18 and 65 years having a savings bank account/individual current account, opted with State Bank of India or any of its associate banks.Group Health Insurance - The Individual and Family Group Health Insurance Policy helps to cover medical treatment expenses at the time of illness or injury. It offers multiple coverage options i.e.  individual and family floater options for sum insured. The coverage ranges from Rs. 1 lakh to Rs. 5 lakh. The policy by SBI General Insurance comes with guaranteed renewal. People with no medical history do not require any pre-policy medical tests up to the age of 65 years. Moreover, cashless treatment is available at over 3,000 network hospitals.

Miscellaneous

• Plate Glass Insurance - This policy covers the losses incurred on any accidental breakage of plate glass at any business establishments, shopping complexes, showrooms, hotels, etc.
• Money Insurance - This policy by SBI General Insurance protects the business owners from any money-related risks including theft, loss in transit or at cash counters, burglary, etc.  
• Burglary Insurance - This policy covers a business establishment including retail store from losses incurred from any burglary following forcible entry into its premises.

Construction / Engineering Insurance

• Consequential Loss (Machinery Breakdown)- This policy by SBI General Insurance allows te insured to protect his business profits from any potential losses that he may incurr due to interruption in business operations following breakdown of machinery.
• Boiler and Pressure Plant Insurance- This policy covers any losses or damage caused due to damage to pressure plants and boilers. It covers accidental injury or death of a person as well as damage caused to the surroundings.
• Machinery Breakdown Insurance- This policy by SBI General Insurance covers any expenses incurred due to the breakdown of machinery or equipment in a manufacturing or commercial establishment.
• Contractors Plant and Machinery- This policy covers any damage or loss sustained on the plant and machinery of the contractor on project sites.
• Erection All Risks Insurance- This policy by SBI General Insurance covers any losses or damage to any erection projects at the time of storage, testing or erection.
• Contractors All Risks Insurance- This policy offers comprehensive protection to civil engineering projects with more than 50% of civil work involved. It covers any loss suffered during storage, construction/ erection or at the time of handing over of the work.
• Electronic Equipment Insurance- This policy by SBI General Insurance covers any risks attached to any electronic equipment including computers, audio-visual equipment, biometric machines, etc in a business establishment.
• Latent Defects Insurance Policy - This policy covers any physical damage or loss incurred due to a latent structural defect of the insured property. It only covers civil structures and buildings that are going to be constructed.

Package Insurance

• Business Package Insurance- This policy by SBI General Insurance offers protection from seven types of business-related risks. The policyholder can choose any combination in addition to fire cover.   
• Industrial All Risks Insurance- This policy allows a medium or large size business enterprise to protect their assets from any potential risk that may suspend the business operation and create financial burden.

Marine Insurance

• Marine Cargo Insurance- This Marine insurance policy by SBI General Insurance protects the cargo from any loss or damage sustained while in transit through sea, air, road, rail or courier.

Motor Insurance

• Tractor and Other Farm Vehicles Insurance- This policy offers protection to the farming vehicles that may suffer damages in an accident. It also offers personal accident cover to the person driving the vehicle.
• Commercial Motor Insurance- This policy by SBI General Insurance covers a commercial vehicle against any third party liabilities along with any damage sustained on the insured vehicle.

Fire Insurance

• Consequential Loss (Fire) Insurance- This policy allows business owners to protect their business profits from any potential losses that may occur due to interruption in business operations following a fire.
• Standard Fire and Perils Insurance- This policy by SBI General Insurance covers all losses incurred on the assets of your business due to fire and special perils and compensates at a market value basis.

SBI General Insurance Rural Insurance:

The Rural Insurance portfolio from SBI General Insurance helps farmers, traders, workers and other rural business owners to insure against any risks to their livelihood.

• Sheep and Goat Insurance Policy
• Cattle Insurance Policy
• Micro Insurance Policy
• Agriculture Pumpset Insurance Policy

SBI General Insurance Online Payment:

With SBI General Insurance online payment, you can make payment for premiums for various policies. You can make an online payment using a debit card, credit card or net banking.

It is advisable to compare all SBI General Insurance plans with plans from other general insurance companies in India to choose the best insurance plan that suits you the most.

SBI General Insurance Claim Process

The dedicated team of SBI General Insurance Company aims to offer you a differentiated customer service of the fair, fast, transparent, and convenient claim process for settlement and management of your claim.

The SBI General Insurance has the philosophy to look for the methods to pay valid claims in a timely and fair manner. The claim service of the company will:

• Provide relief from the stress of the claim by co-ordinating with replacement and repair of the assets.
• Offers assistance in case of emergency.
• Keeps you informed about the progress regarding your claim.
• Provides the facility to access the preferred local service providers of SBI General Insurance.

Claim Intimation

You can intimate SBI General Insurance Company Limited by calling their toll free number or email all your details on customer.care[@]SBI General Insurancegeneral.in and get your reference number or claim number.

Claim Settlement Process

• Get a claim number or reference number through any of the aforementioned means.
• The customer care representative provides you the details of documents that are needed for initiating and processing the claim.
• The claim executive or claim manager contacts you within 24 hours of the registration.
• After that, it is suggested to submit all the needed documents to the executive or claim manager of SBI General Insurance and verify them against your original documents.
• SBI General Insurance Company initiates the process of claim and all the admissible claims will be settled within thirty days of receiving the final report of survey or/ and the last necessary and relevant document as the case can be according to IRDAI insurer interest regular 2017.

SBI General Insurance Distribution Network:

SBI General Insurance’s current geographical coverage extends to 110 cities pan India and plans are on to extend this reach. The company also offers its policies through the 23,000 branches of State Bank of India.

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