*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Life comes with a lot of risks and to manage those risks; it is really important to have an insurance policy. SBI General Insurance Company offers a plethora of plans like Motor, Health, Personal Accident, Travel, Home Insurance, Aviation, Fire, Marine, Package, Construction & Engineering, and Liability Insurance, etc.
Established in 2010, SBI General Insurance is a joint venture between State Bank of India and Insurance Australia Group (IAG). It offers a wide range of policies at affordable prices so that every individual leads a secured and peaceful life.
Their sole purpose is to provide simple general insurance solutions along with a quick response to their customers' requirements and build a fruitful business relationship for the future.
SBI General Insurance Company has different types of general insurance plans, which promises to provide financial protection to the policyholder as well as the family from difficult situations. These are as follows:
No one knows where life is going to take you in the future. You might be enjoying a healthy life today, but after a few years, you may find yourself suffering from an unexpected medical condition. This not only leads to mental tensions but also adds up to your expenses.
Therefore, to cover up the expenses of medical treatment, you need a health insurance policy for yourself as well as for your family. SBI General Insurance offers health coverage from Rs. 50,000 to Rs. 500,000. It also offers to cover pre and post hospitalization expenses 30 days before and 60 days after hospitalization, respectively. It also includes a critical illness plan, which provides coverage against 13 specified critical medical problems.
According to the Motor Vehicle Act, 1988, any vehicle running on Indian roads requires third-party liability coverage. SBI General Insurance provides car and two-wheeler insurance policies that offer coverage for any loss or damage to the vehicle. It also helps in settling down any legal issues that might crop up due to any involvement of your vehicle. Private car insurance protects your vehicle against damages caused due to natural or human-made calamities.
In the case of two-wheelers, Motor insurance provides a cover against fire, explosion, damage due to accident, burglary, theft, riot, malicious act, and terrorist activity. It also offers an accidental cover of Rs 1 lakh for vehicle owners with a legal driving license.
For people who travel a lot for work purposes, having travel insurance is of utmost importance. It offers coverage against unknown risks that you may face while traveling abroad, such as losing your passport, luggage, etc. The SBI General Travel Insurance provides medical cover for up to 0.5 million dollars. It promises worldwide protection along with 24x7 emergency assistance. If you are traveling with your family, you can opt for comprehensive coverage.
Home is a priceless possession where you spend happy and sad times together with your family. Your whole world turns upside down if something happens to it. That’s why it is really important to have a home insurance policy.
SBI General Insurance offers two types of plans:
The amount of premium to be paid will depend upon the location and period of the Insurance Policy in both the plans.
Anyone can fall victim to unpleasant incidents like accidents that can turn around the entire life of the person involved, along with his or her family. So it would be great if you safeguard yourself with a personal accident insurance policy.
SBI General's accident insurance policy provides cover against loss of life and disabilities caused due to an accident. The company has a plan for everyone ranging from a self-employed person, salaried individual, or business class people.
The add-on benefits include Hospital confinement allowance, Ambulance charges, including air ambulance among others.
SBI General Insurance offers a wide range of plans catering to the people and businesses associated with rural areas of the country. These include:
Under the government’s Pradhan Mantri Fasal Bima Yojna, SBI General Insurance helps in providing financial help to farmers in case of crop loss or damage caused by unexpected events like natural fire and lightning, hailstorm, cyclone, storm, hurricane, typhoon, tornado, flood, inundation and landslide, drought or dry spell, pest attacks, etc.
It also helps in stabilizing the income of farmers so that they continue farming.
It motivates farmers to use innovative and modern agricultural techniques.
It also ensures a smooth flow of credit into the agricultural sector that will help in food security, crop diversification, and improving the growth and competitiveness of the agriculture sector along with protecting farmers from the risks that might crop up during the production period.
You can get instant quotes on various insurance plans like motor, travel, and health insurance online by just visiting SBI General Insurance’s official website. After following certain steps, you can pay the insurance premium online.
For a wish to buy an insurance policy for your new car, just log on to SBI General Insurance’s official website, fill up the details like car model variant, registration city, etc.
Click on IDV and make payment.
The online premium payment process is the same for all the products.
Follow the below-mentioned steps to renew your insurance policy:
Click on ‘Get Quote’ and you will be able to make online payment through different payment modes.
SBI General Insurance has a dedicated team looking after the claim management process. They promise to provide customers with a simple, fair, quick, and transparent process for settlement of your claim. The company promises to pay a valid claim on time.
Summing It Up
The best part about SBI General Insurance is that they try to customize their insurance plans according to the requirements of the customers thus giving them a higher sense of security.