Cigna Ttk Vs Religare Vs Star Health Companies Premium Calculator,Reviews

Cigna Ttk Vs Religare Vs Star Health Companies 2015 Premium Calculator,Reviews Best Insurance Companies in India: According to a report, in India, there are 17 Private Insurance companies who do business in General Health Insurance along with Health Insurance, 4 Public Sector biggies and 4 stand alone insurance companies whose core business in only Health Insurance. We are sharing here complete information about Cigna Ttk Vs Religare Vs Star Health Companies Reviews and Best Insurance Companies in India. After reading this post, you can easily decide which company is best for taking life and Health Insurance Company. » Read more

SBI General Life Insurance Company Wiki-Plans, Policies, Benefits

SBI General Life Insurance Company Wiki-Plans, Policies, Benefits: SBI General Life Insurance is a joint venture between State Bank of India and Insurance Australia Group. SBI owns 74% of the total capital and 26% remaining IAG. The company offers various insurance plans for individuals like – Motor Insurance Plan, Home Insurance, Personal Accident Insurance, Health Insurance and Travel Insurance. The company also offers plans for business like – Fire Insurance, Health Insurance, Motor Insurance, Marine Insurance, Package Insurance, Construction Engineering and miscellaneous insurance. SBI General is currently serving three key customer segments i.e. Retail Segment, Corporate Segment and SME Segment. We are sharing here complete information about SBI General Life Insurance company’s plans, polices and their benefits.

SBI General Life Insurance Company Wiki-Plans, Policies, Benefits-

SBI General Life Insurance Company Wiki-Plans, Policies, Benefits

SBI General Life Insurance Company Wiki-Plans, Policies, Benefits

SBI Life Insurance Policies:

1. Motor Insurance – Two Wheeler and Four Wheeler Insurance Policy: SBI general insurance offer motor insurance policy which two policies are available, one for two wheeler and another for four wheeler.

Coverage For Two Wheeler:

  • Covers against any loss or damage caused to the vehicle or its accessories due to the following,
  • Fire, explosion, self-ignition, accidental damage by external means
  • Any damage in transit by road, rail, inland waterway, lift, elevator or air.
  • Lightning, earthquake, flood, typhoon, hurricane, storm, tempest, inundation, cyclone, hailstorm, frost, landslide, rockslide.
  • Burglary, theft, riot, strike, malicious act and terrorist activity

Coverage For Four Wheeler:

  • Personal Accident
  • For an additional Premium, provides the following:
  • Additional Legal Liabilities towards Paid Driver and employee
  • Bi-fuel Kit
  • Nil Depreciation
  • NCB Protection
  • Return to Invoice
  • Cover for Key Replacement
  • Loss of Personal Belongings

2. Home Insurance: This policy provides a comprehensive solution for protecting your Home against any unpleasant surprises that life may throw at you.

Benefits: 

  • You can buy the Policy upto a period of 30years
  • In-built coverage for earthquake

3. Personal Accident Insurance: It is divided into two parts – Group Personal Accident and Individual Personal  Accident.

Covers for Group Personal Accident:

  • Loss of Life due to Accident
  • The Group Personal Accident Insurance Policy can be bought by any permanent Indian resident having Savings Bank Account/Individual Current Account holders, if opted with State Bank of India or any of its associate banks and aged between 18 years to 65 Years.

Benefits for Individual Personal Accident:

  • Policy for self employed, salaried and business class people
  • Add-on Covers available including Hospital Confinement Allowance and Ambulance charges
  • Permanent Total Disability (PTD) benefit comes with add-ons like Education Benefit & Adaptation Allowance at no additional cost
  • Cumulative Bonus available
  • Policy covers – Loss of life due to accident, Disabilities due to accident and Income loss due to accident

4. Health Insurance: Four Categories are available this policy – Health Insurance, Health Insurance – SBI, Critical Illness Insurance Policy and Hospital Daily Cash Insurance Policy.

Benefits for Health Insurance: 

  • Wide Coverage – From Rs.50,000 up to Rs.500,000
  • No medical test up to the age of 45 for people with any medical history
  • Family Floater benefit giving comprehensive protection to your family members under one single Policy
  • Flexible Plan Options–Metro Plan, Semi Metro Plan & Rest of India
  • Assured renewal
  • You can now renew your current Health Insurance Policy (any Insurer) with us
  • The premium paid is exempt from Income Tax under Sec 80 D of Income Tax Act
  • Coverage of Pre and Post Hospitalization Expenses – 30 days before and 60 days after the hospitalization
  • Free Medical check-up for every 4 claim free years up to a maximum limit of Rs.2,500

Benefits for Health Insurance – SBI:

  • No pre-policy medical test up to the age of 65 years for people with any medical history
  • Just 1 year waiting period for specified diseases
  • Guaranteed renewal
  • Multiple Coverage Options – Individual & Family Floater options for Sum Insured
  • The premium paid is exempt from Income Tax under Sec 80 D of Income Tax Act
  • Coverage of Pre and Post Hospitalization Expenses – 30 days before and 60 days after the hospitalization
  • Cashless treatment at over 3,000 Network hospitals

Benefits for Illness Insurance Policy: 

  • Coverage against 13 most critical Illnesses
  • Maximum age of entry is 65 years
  • Two Plan Options – One year and 3 years
  • Up to Rs.50,00,000 Sum Insured
  • Free Look Period of 15 days
  • The premium paid is exempt from Income Tax under Sec 80 D of Income Tax act

Benefits for Hospital Daily Cash Insurance Policy: 

  • Daily cash benefit of up to Rs.2,000 per day of hospitalization
  • Daily cash benefit of up to Rs.4,000 per day of ICU hospitalization
  • Daily cash benefit of up to Rs.4,000 per day of accidental hospitalization
  • Fixed sum of up to Rs.5000 to take care of Convalescence expenses
  • Age of entry: 18 to 65 years. Children from the age of 3 months are covered provided both the parents are also concurrently covered.
  • Flexible Plan options – Max.30 days & 60 days coverage.
  • 4 Options to choose in terms of daily benefit amount –Rs.500,Rs.1000, Rs.1500 & Rs.2,000
  • The premium paid is exempt from Income Tax under Sec 80 D of Income Tax act
  • Free Look Period of 15 days

5. Travel Insurance Policy: This is one of the most comprehensive policies in the industry. It covers expenses incurred for medical treatment of illness, disease contracted or injury sustained during an overseas travel and which is primarily in the nature of an emergency and necessary to be undertaken immediately along with other related coverage.

Benefits:

  • Medical cover up to USD 0.5 million
  • No medical examination
  • Comprehensive coverage
  • Worldwide protection & round the clock assistance
  • Fair, transparent & quick cashless claim settlement

SBI General Claim Policy:

SBI General dedicated and experienced claims team aim to deliver you a differentiated customer service of a fast, fair, convenient and transparent claims process for the management and settlement of your claim.

Their claim service will:

  • Provide assistance in emergency situations
  • Relieve the stress of a claim by co-coordinating repair and replacement of your assets
  • Keep you informed of the progress of your claim
  • Provide you with the choice of accessing our preferred local service providers

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