SBI Travel Insurance (Business and Holiday) Policy

Why SBI Travel Insurance (Business and Holiday)?

SBI General's Travel Insurance (Business & Holiday) Policy is designed to protect your journey from unforeseen events, allowing you to travel in peace anywhere in the world. Offered by SBI General Insurance Co. Ltd., a joint venture between the State Bank of India and Insurance Australia Group (IAG), this policy offers a comprehensive cover for Indian residents travelling abroad for business, official, or holiday purposes. It is also available for foreign nationals working in India.

Committed to providing a fast and convenient claims process, the policy covers a range of medical and financial emergencies that may arise during your trip. These include expenses for medical care because of a sudden illness or injury you may face overseas, emergency medical evacuation, and repatriation of mortal remains.

The travel Insurance policy also covers issues such as loss or delay of checked baggage, passport loss, trip cancellation, trip delay, and personal accidents.

SBI Travel Insurance (Business and Holiday) Key Benefits

SBI Travel Insurance (Business and Holiday) Eligibility Criteria

Here are the eligibility criteria and important related factors for the SBI Travel Insurance:

SBI Travel Insurance (Business and Holiday) Inclusions

This policy offers several coverages designed to protect you during your trip outside India. Here are the key inclusions under the SBI Travel Insurance (Business & Holiday) policy.

Medical Expenses, Evacuation, and Repatriation

• Accident and Sickness Medical Expenses: Covers necessary medical costs incurred overseas for sudden illness or injury happening during your trip.
• Emergency Medical Evacuation: Pays for extra transportation expenses if you need to be moved to the nearest hospital or even back to India because adequate medical treatment isn't available nearby or your condition requires it. This can also include costs for someone to accompany you if medically necessary.
• Extension of Medical Treatment in India: Covers medical expenses in India for up to 90 days if you need treatment for an injury or illness that started during your trip abroad.
• Repatriation of Mortal Remains: If the insured person passes away during the trip due to covered illness or injury, the policy will pay for the cost of bringing the body back to India or for a local burial/cremation.
• Dental Services: Covers unexpected dental issues that need immediate attention during your trip.

Personal Accident

This SBI Travel Insurance (Business and Holiday) policy will provide a payment in case of accidental death or disability resulting from an accident during your trip. The amount is a certain percentage of your policy cover limit. For example, 100% for loss of life or loss of limbs.

Travel Support

• Loss of Checked Baggage: Covers you in case your checked luggage is totally lost by the airline. Note that partial loss and valuables like electronics, jewellery, etc. are not covered.
• Delay of Checked Baggage: If your checked baggage is delayed for more than 12 hours from arrival at your destination, this policy will pay a certain sum to help buy essential replacement items.
• Loss of Passport: Reimburses expenses you reasonably incur to get emergency travel documents if your passport is lost during the trip.
• Trip Cancellation: If you have to cancel your trip before it starts due to specific reasons, this SBI Travel Insurance (Business and Holiday) policy covers non-refundable accommodation or travel charges.
• Trip Curtailment: If you have to cut your trip short and return to India necessarily due to specific reasons like serious injury, sudden sickness, etc, it covers non-refundable accommodation or travel charges.
• Trip Delay: If your departure flight from India is delayed by more than 12 hours, the policy will pay a certain sum for every 12 hours of delay after the first 12 hours.
• Missed Connection: If a delay causes you to miss a connecting flight, the policy may pay for resulting accommodation or travel charges.
• Hospitalisation Daily Allowance: If you are hospitalised due to a covered illness or accident, the policy will pay a daily allowance after the first day, up to the limit in your schedule.
• Hijack Cover: If the aircraft you are on is hijacked, the policy will pay a certain sum.

Personal Liability

Provides coverage up to the limit in your Policy Schedule if you become legally responsible for accidentally causing bodily injury to other people or damage to their property during your trip. There is a deductible.

Remember, a deductible applies to many of these benefits. This is an amount you pay out of pocket before the insurance coverage kicks in. The exact deductible and the maximum limits for each coverage will be detailed in your Policy Schedule.

SBI Travel Insurance (Business and Holiday) Exclusions

Here are some general exclusions under the SBI Travel Insurance (Business & Holiday) Policy. These will not be covered:

• Injuries or death resulting from suicide, attempted suicide, intentionally hurting yourself, or issues related to mental health, sexually transmitted conditions, etc.
• Incidents that occur while you are under the influence of alcohol or drugs.
• Getting hurt or having an incident while participating in illegal activities such as a felony, riot, crime, etc.
• Accidents directly caused by certain medical conditions that affect the entire body or consciousness, such as strokes, fits, or convulsions.
• Getting hurt while participating in certain sports, such as winter sports, professional sports, mountaineering using ropes, bungee jumping, racing motorised vehicles, etc.
• Accidents on two-wheeled vehicles unless the driver is qualified, has a valid international driving license, and you are wearing a safety crash helmet.
• Travelling against the advice of a physician, or if you are travelling for the purpose of obtaining medical treatment.
• Claims resulting from war, invasion, acts of a foreign enemy, hostilities (whether war is declared or not), civil war, rebellion, revolution, insurrection, military or usurped power, or actions by any government or local authority that involve confiscation or destruction of property.
• Losses or damage caused directly or indirectly by ionising radiation or contamination from nuclear sources.

SBI Travel Insurance (Business and Holiday) Claim Procedure

In case of a situation that requires you to raise a claim, you can do so by contacting Policybazaar.com or the insurer at the provided helpline. If you wish to register your claim through Policybazaar, here's what you need to do:

Register Claim

You can get in touch with our claims support team in case of any emergency by clicking on the link which will be shared on your WhatsApp. You can also mail us at travelclaims@policybazaar.com or call us on 1800-258-5881.

Prepare Documents

Depending on your claim type, you will have to provide some documents. Here are some documents that you must provide:

• For Medical Claims: Claim forms, Original admission/discharge card, if applicable, Original Bills, Receipts, Prescriptions and Reports, Copy of passport/visa with entry & exit stamp, Personal ID Proof.
• For Baggage Loss: Claim forms, Property Irregularity Report (obtained from the Airline), Copies of correspondence with the airlines confirming the loss, Approximate cost of lost items, Copy of the passport/visa with entry & exit stamp, Personal ID Proof
• For Trip Cancellation: Claim forms, Medical reports of the insured, a companion or an immediate family member, Details of the amount refunded by the common carrier and Hotel, Copy of flight ticket, Copy of passport, Personal ID proof
• For Trip Delay: Claim forms, Original bills of expenses incurred during the period of delay, Copy of ticket & boarding Pass, Copies of Correspondence with the airline authorities certifying the delay, Copy of passport/visa with entry & exit stamp, Personal ID proof
• For Other Claims: Claim Forms, Copy of the passport/visa with entry & exit stamp, Personal ID Proof, Policy Copy, Original bills and receipts and complaint copies, etc.