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SBI General Insurance Joins Hands with Policybazaar.com to Offer Travel Insurance

In the insurance segment, SBI General Insurance is one of the trusted brands that cater to the needs of a large section in the society. Among the innovative insurance product of SBI General Insurance, the latest offering that attracts applause is Overseas Travel Insurance! In this regard, the insurer takes pride to announce that it has joined hands with one of the leading insurance aggregator websites Policybazaar.com for distributing travel insurance.

Why SBI General

Being active in 56 Indian cities and presence through satellite in more than 35 locations, SBI General claims to have a robust distribution channel, over 4800 agents actively working in different parts of the country. The insurer is counted among the leading insurance providers which has expands its business through various SBI insurance plans such as Auto, Health, Travel, Home Insurance, Personal Accident for Individuals and Aviation, Fire, , Package, Marine, Construction & Engineering, Group Health, Liability, Group Personal Accident & Miscellaneous Insurance for different business. SBI travel insurance is one of the sought after product that worth your investment.

Why is Travel Insurance from SBI General Important?

Whether it is a business trip or family leisure trip, the uncertainties associated with your trip can’t be ignored. A travel insurance policy covers you for those unplanned expenses that may incur out of an eventuality. In this regard, travel insurance offered by SBI General Insurance can be handy which ensures 360-degree financial shield for customers like you who undertake foreign trips. The policy is designed to cater to the needs of people from every walk of life, by covering the trip for 180 days.

Apart from the basic travel-related emergencies such as the loss of important documents such as passport or checked-in baggage, trip cancellation, trip curtailment or trip delay that are covered up to $2,000, the policy is useful in covering the expenses incurred in overseas hospitalisation caused due to illness or accidental injury up to $0.5 million. The global assistance services including emergency medical evacuation, repatriation of mortal remains of the insured, catastrophic generated emergency services, emergency cash allowance etc. are some of the basic attractions of SBI travel insurance.

Key Features of SBI General Travel Insurance

  • Medical cover up to USD 0.5 million
  • Comprehensive coverage
  • No medical test required
  • Worldwide protection & round the clock assistance
  • Transparent & fast cashless claim settlement abroad

Policy Variant

  • Single Trip: This policy is beneficial for those who travel once in a year and it can be availed for 1 day to 180 days
  • Multi Trip: This is beneficial for frequent flyers and can be issued for one year. The policy can’t be availed for a duration shorter or longer than1 year.

SBI General Travel Insurance Inclusion and Exclusion

SBI travel insurance plans come with the below inclusions and exclusions:

Inclusion

Exclusion

Medical Expenses including Evacuation & Repatriation

If the policyholder is travelling without the consent of his/her physician or

 

receiving treatment for a specific illness that requires a waiting period to serve or

if travelling to attain medical treatment abroad

 

Personal accident cover

No claim will be entertained arising out of suicide, attempt to suicide or any other intentional injury

Non-medical expenses such as loss of passport

If the insured takes part in operations of Naval, Army or Air Force

Claim arising due to war, war-like situation, nuclear attack, civil war, foreign invasion

 Burglary Insurance

in case the insured is involved in adventurous sports

Trip curtailment

Loss of checked baggage

No claim will be registered for losses

Trip cancellation

 arising from accidents on two-wheeler unless the driver is possessing an International DL and the Insured is wearing the safety helmet

Hijack cover

Missed Connection

Hospitalisation daily allowance

Delay or loss of checked-in baggage

Trip delay

No claim will be accepted arising for a criminal act

Bail bond

Golfer’s Hole-In-One

 

Emergency cash allowance

No medical assistance will be provided for the condition arising out of pre-existing illness.

About the Collaboration

As mentioned above, SBIG has joined hands with India’s largest insurance-technical market place, Policybazaar.com to offer SBI travel insurance. Now whether it is a business or holiday trip, provide your most-anticipated trip with the utmost travel protection.

Talking about digital platform Sujatha Aroon, Head - Renewals, Direct & Digital, SBI General Insurance says that digital presence is essential for any enterprise and this association with the best will show further growth, she hopes. She also adds that travel insurance offered by SBI General is one of the comprehensive products in the market that started attracting a huge customer base who prefer buying online. The partnership with Policybazaar.com not only increases its reach but also helps in penetrating via online mode. She further feels proud to be associated with this brand name.

Tarun Mathur, Chief Business Officer, General Insurance, Policybazaar.com by commenting on the collaboration says that SBI General is one of the prestigious entities in the insurance market with diverse product portfolio. He has expressed his delight to be a part of this and believes that it will augur well for them as well as the consumers. He also says that SBI General comes up with the potential to increase the reach of its offerings that allow the customers to buy a product that does well on the customer-centricity parameter.

Wrapping it Up!

With SBI General Insurance robust network globally, the travel insurance policy will aid you with dedicated round-the-clock assistance and toll-free numbers for availing fast claim settlement in the US and Canada.

So, let’s ensure your next foreign trip with SBI travel insurance and remain covered for the eventualities!