SBI General Insurance is a well-known brand that offers customised health insurance policies to meet the needs of different customers. Whenever there is a medical emergency, the insurer effectively fulfills its commitment to its policyholders of the utmost financial security. As a result, SBI health insurance will be there to help you if you worry that you might lose your financial stability as a result of an unexpected illness or injury.
SBI General Insurance has grown significantly over the years. In terms of benefits, the insurer's health insurance plans are good. The general insurer's health insurance plans offer protection against pre-hospitalisation costs, post-hospitalisation costs, inpatient treatment costs, daycare treatment costs, and numerous other healthcare expenses that are worthwhile financial investments, whether for individuals or families.
Key Features of SBI Health Insurance
- Coverage for the individual, family, and industries
- Hassle-free claim settlement
- Cashless claims at its nationwide network hospitals
- It offers cashless claim for emergency and scheduled treatments.
- Coverage for common medical conditions.
- It covers pre-and post-hospitalisation, critical illnesses, ambulance, and other costs.
- Policy renewal benefits.
- Simple plan renewal and buying.
- Free health examination facility if the insured hasn't filed a claim for a minimum of four years.
- 15-day free look window for policy review
- A 30-day grace period available for renewal
- Tax advantages under Section 80D of the Income Tax Act
- No medical examinations are necessary for those aged below 55 and with no history of illness.
Plans Offered by SBI Health Insurance
SBI Health Insurance has a variety of health insurance options to choose from.
Retail Policies - Retail Health Insurance Policy, Arogya Supreme, Arogya Premier, Arogya Plus, Arogya Top up, Arogya Sanjeevani, Critical Illness Insurance Policy, Hospital Daily Cash Insurance Policy, Super Health Insurance, Loan Insurance
Corporate Policies - Group Health Insurance, Group Personal Accident, Arogya Sanjeevani Group Product, Group Loan Insurance Policy
Health Insurance Policies
Retail - SBI’s retail health insurance policies provide high-level financial protection and ensure worry-free money management. These policies are for you and your family amid unforeseen medical contingencies.
Arogya Premier Policy
Wealthy individuals dislike compromising the quality of medical care when it comes to healthcare. Therefore, SBI health insurance includes Arogya Premier Policy, which enables one to fulfill their unique medical needs with top-notch medical professionals. The plan offers a wide range of medical coverage options and provides excellent service.
Arogya Plus Policy
Another jewel in the crown of SBI Health Insurance is Arogya Plus Policy. The policy enables one to manage high costs and offers one peace of mind when they cannot afford further stress. By choosing this option, you may concentrate on your medical care rather than your financial position.
Arogya Top-up
Arogya Top-up Policy is among the best solutions to get more security. The policy, offered at a modest price, enables you to manage rapidly rising medical costs exceeding an insured's pre-determined medical cost. Choose Arogya Top-up Policy to secure financial security in case of a major accident or illness.
Policies for Critical Illnesses
A critical illness can cause one to have restless nights. However, when an individual has appropriate insurance coverage, it reduces the tension. One such policy that helps you maintain coverage for the expensive treatment costs connected with critical illnesses without sacrificing your financial security is the critical illness insurance policy.
Daily Cash
SBI health insurance has done all possible to satisfy the various needs of its policyholders. An illustration of this is hospital daily cash. In this case, regardless of the actual cost of medical care, you receive a set benefit for each day you are hospitalised. In addition, this plan covers extra costs like meals, travel, and other things that your primary health insurance may not cover.
SBI Group Health Insurance
Group Health Insurance - SBI, an excellent option for individuals and families, enables you to reduce medical treatment costs without sacrificing the standard of care or the health and happiness of your loved ones.
Loan Insurance Policy
SBI Loan Insurance is a special SBI Health Insurance coverage that protects you and your family from unforeseen circumstances. So, if you have taken a loan from a bank or any other RBI-recognised financial institution, consider buying this policy.
These Policies Offer the Following Features
- Lifetime renewal
- One, two, and three years policy periods are available to choose from.
- Eligibility is from 3 months to 65 years.
- Sum insured options range from INR 10 Lakh to 50 Lakh
- Offers inpatient treatment, pre-hospitalisation for 60 days & post-hospitalisation for 90 days, maternity expenses, ambulance charges, day care procedures for 142 days, organ donor expenses, domiciliary hospitalisation, and alternative treatment.
- Health checkup reimbursement up to INR 5,000, reinstatement of the insured amount up to 100%, a cumulative bonus of 10% of the insured amount, and other benefits are included.
- Get a discount of 5% for a 2-year term and 7.5% for a 3-year term for the insurance policy.
- Deductible options range from INR 1 lakh to 10 lakh.
- Payment of additional premium results in the reinstatement of the sum insured.
- Over 65 people without a history of illness are exempt from pre-policy medical examination requirements.
- There is a four-year waiting period for pre-existing diseases.
- The add-on insurance includes the elimination of sub-limits on room and ICU rent as well as operation and consulting fees.
- 10% co-payment on all legitimate, admissible claims in hospitals outside of networks.
Conclusion
One of the insurer's most exciting offerings is health insurance. Individual and family health insurance plans are created to protect individuals and families against various medical expenses that may arise from an accident, illness, or disease. All people can afford and use SBI health insurance policies. The insurer aims to fulfill its purpose of offering straightforward and creative general insurance solutions and seeks to become India's most dependable general insurer.
