- About Coverfox
State Bank of India is India’s leading public sector bank with known branches across India as well as abroad. Established as a joint venture between State Bank of India and Australian based Insurance Australia Group, SBI General Insurance provides a multiple range of tailor-made car insurance plans that fit your vehicle needs.
The following benefits can be availed with the payment of additional premium.
This is applicable only on replaced parts which are not categorized under total loss. This includes CNG LPG and Bio Fuel Kit.
Protection of No-Claim Bonus
The NCB benefits, whether accrued or due will continue irrespective of claims made under the following status:
Replacement of keys
In case of lost or stolen keys, the expenses made to make duplicates or repair broken locks at authorised garages will be reimbursed within specified limits i.e. 10% (with co-payment of total costs) or Rs.500, whichever is higher.
Recompensing paid employees
In case of passengers such as a hired driver, employees of the policyholder, passengers, who were driving the car, will receive all legal dues payable.
Personal belongings cover
For losses arising out of damaged or lost belongings in the car, of the insured party only, will be recompensed for up to Rs.50,000 (subject to deductibles ranging between Rs.500 to Rs.5,000)
Under this benefit, the insured will receive, from the insurance company, the difference between the claim payout and the actual value of the car (the actual value being the amount paid as evinced by the original invoice)</b>
All liabilities, damages and expenses arising out of damages to any third-party are covered. All losses and damages arising out of death or bodily injury or property impairment and own damage liability are covered. Scenarios such fire, natural disasters, and mishaps during transit, theft, civil unrest, war, terrorism and related acts are covered for.
Damages arising in case of personal accidents:
Age Related Discounts: This is given to individuals aged between 36 to 60 years of age. It comes with the following features:
Voluntary Deductible: Option to select some amount of the claim payable, you can avail premium discounts on the same.
No Claim Bonus: This is given as per the mentioned conditions.
Online Facility: Not only can you purchase new plans online but also renew your existing ones from the official website of SBI Car Insurance.
Exclusions are conditions which are not covered under any Insurance Provider. Mentioned below are exclusions under SBI General Car Insurance:
With respect to any queries, doubts and clarifications, you can contact SBI General Car Insurance Customer Care toll free number at 1800 22 1111. You can also register your service request via callback from the service executive.
Additionally, you can also locate any of the branches across PAN India through their online branch locator. It also comes with an extended feature of locating a network listed garage.
The registered contact address is as follows:
SBI General Insurance Company Ltd.
In case of an accident or loss or damage, the first thing is to call the customer care and brief them of the incident. The service executive will assist you in making a claim and provide you with a claim reference number. You need to download the claim application form and submit it with the following documents:
What is Insured Declared Vehicle? The insured declared vehicle is the sum assured, it is the manufacturer’s selling price adjusted for depreciation. The rate of depreciation to be adjusted in order to derive the IDV is based on the age of the car.
With an excellent claim settlement ratio, SBI General Car Insurance has a strong multi-distribution model comprising of bancassurance, agents, brokers and retail direct channels. The current strength is over 21,000 IRDAI certified employees including the State Bank Group employees along with 8000 insurance agents who have successfully furnished insurance policies even in the most rural areas of India. 1500+ network garages and excellent incurred claim ratio of 102.07% has made SBI Car Insurance the most trusted amongst the Indians.
Premium is the amount you are required to pay for purchasing the policy cover. You can pay SBI General Car insurance via branch banking/online banking/debit/credit/net banking.
For making a claim settlement, you need to call SBI General Car Insurance toll free customer car care number and initiate the claim process, you can also download the I-claim form and email them for the same purpose.
You are required to submit the following documents for making a claim settlement - Policy Document, RC Copy, Claim Form and Driving License.
You can get a new one by simply visiting the nearest branch and submit a written request.