SBI General Group Health Insurance Plan

*Please note that the quotes shown will be from our partners

Introduction

SBI General’s Group Health Insurance Policy (for individual and family) offers full protection against any illness or medical emergencies. It is a Single policy for you and your family which manages all your medical expenses and ensures quality health and happiness.

Key Features and Benefits

  • No health check-up is required prior to the policy for those people who are below the age of 65 with no medical history.
  • Only 1 year waiting period for specified diseases (Pre-existing diseases covered after 4 years).
  • Flexibility to choose coverage option according to the need - Individual & Family Floater options for Sum Insured.
  • The premium is exempted from Income Tax under Sec 80 D of Income Tax Act
  • Cashless treatment is offered at more than 3000 hospital network.

Coverage

  • Pre-hospitalisation Expenses Coverage - 30 days prior to date of admission into the hospital.
  • Post-hospitalisation Expenses Coverage - 60 days after the date of discharge from the hospital.
  • Medical Practitioner and Specialists Fees.

Premium Payment Details

Age – 25 Year (Example), Product Type – Individual

 

SI/Plans

A

B

C

50000

NA

1079

1021

100000

1666

1438

1362

200000

2694

2327

2203

300000

3254

2810

2663

400000

4776

4125

3907

500000

5753

4968

4706

*The above premium rates may vary. Please check the policy wordings for more information.

Policy Details

Minimum sum insured – Rs.1, 00,000.

Maximum sum insured – Rs.5, 00,000

Basically, you can opt for any from these 4 Sum insured options –

Rs.100, 000; Rs.200, 000; Rs.300, 000; Rs.400, 000 & Rs.500, 000.

Coverage type: Individual & Family floater both.

Grace period: 15 days grace period is allowed for payment of premium. If the premium is paid within the grace period, the policy gets lapsed.

Policy termination: Policyholder is allowed to terminate the policy at anytime by giving a 15 day written notice. In case no claim has been made under the policy, the company will refund percentage of premium.

Free look period: Incase you are not happy with the policy terms and conditions,  you have the option of cancelling the policy within 15 days of receipt of the policy documents, provided there has been no claim.

Exclusions

The Company will not be liable under the Policy in respect of payment towards treatment taken during the first 30 days of commencement of the policy. Also, the company will not reimburse the expenses incurred on those diseases which do not have completed the waiting period,

Documents Required

To buy the policy, an indiviudla needs to fill up an ‘Application form/ proposal form’  by citing accurate medical history and submit it along with the address proof. Medical examination may be required in some cases, based on the sum assured and the age of the person.

Eligibility

Entry age for the policyholder, spouse and parents is 18 years to 65 years with lifetime renewal option. Children from 3 months can also be covered under the policy subject to both parents concurrently covered with SBI General’s Group Health Insurance Policy.