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SBI Health Insurance Plans are best for providing complete and all-around protection to you and your loved ones. SBI Health Insurance Plans protects your hard-earned savings from ever-rising medical costs by paying a small premium amount.
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SBI General Insurance Company or SBI GIC has been in operation since 2010 and has established itself as a profitable insurance company with a broad customer base spread across India. SBI GIC has been awarded and recognised several times by prestigious groups like Indian insurance awards group for its excellent performance in the insurance industry. The company has received special acknowledgement for reaching out to the underserved segment of the country. SBI GIC has made its products widely available without compromise on quality and services.
SBI GIC offers a range of insurance products among which SBI Health Insurance is a complete health insurance solution that covers a broad range of health insurance needs of individuals. Apart from health cover, SBI health insurance also offers tax benefits against premiums paid towards the policy. With SBI health insurance, you can avail cashless emergency and planned treatments in any of the 3000+ network hospitals of the company. It offers health insurance to individuals, families and corporate segment.
The company offers a cooling period of 15 days within which the policyholder can return the health insurance, and the policy is deemed cancelled.
Besides cover for basic medical illness, SBI health insurance also offers protection against critical illness, ambulance expenses, pre and post hospitalisation expenses, several other expenses and policy renewal benefits.
Before making a health insurance purchase, it is advisable to analyse personal and family needs related to health insurance. One should look at all the critical factors such as coverage, benefits, premium amount, policy term and so on. Comparing health insurance online can help you make an informed decision.
Following are the documents that you should keep ready while purchasing SBI General Health Insurance.
Let’s take a detailed look at each health insurance policy offered by SBI Health insurance.
SBI GIC has designed a special plan for high net worth individuals which offers excellent coverage and comes with a number of benefits and add-ons.
The SBI Arogya Plus plan is designed to enhance a policyholder’s health insurance with multiple coverage options. The plan ensures that the policyholders do not spend too much on hospital bills.
The SBI Arogya Topup plan is the ideal health insurance to meet unexpected critical events such as accidents or illness, over and above the basic health insurance plan.
The SBI Critical Illness policy covers the policyholder against at least 13 critical diseases. The plan provides a fixed sum if the policyholder is diagnosed with a critical illness, irrespective of the actual medical expenses. Health insurance helps you bear the high cost of critical illness treatment, thereby keeping you financially stable.
The SBI Hospital daily cash plan is specially designed to take care of the day to day medical expenses at the time of hospitalization of the insured. The plan generally covers miscellaneous expenses which are usually not covered by traditional health insurance plans.
SBI General provides a comfortable and secure online policy renewal facility to its customers. The process is quick and user-friendly. It is possible to renew your SBI Health Insurance plan in a few simple clicks. Follow the below-mentioned steps to complete the online health insurance renewal process.
SBI has an extensive presence with about 23,000 branches. The health insurance policies provided by SBI GIC are available for SBI account holders.
Adults aged between 18 to 65 years, and children between 3 months to 18 years of age are eligible to opt for the health plan. The policy has a one year waiting period for specified diseases. The policyholder can make cashless and reimbursement claims. Pre-policy medical test is not required up to 65 years of age for people with no medical history. The insurance coverage varies from Rs. 50,000 to Rs. 5,00,000.
Cashless treatment is available at 3000+ network hospitals across the country. Pre and post hospitalisation expenses are covered under this plan. The premiums paid towards the health insurance policy are eligible to receive tax benefits under Section 80D of the Income Tax Act, 1961.
The following documents are required to buy SBI Health Insurance Policy:
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Following is the list of documents required to file a claim against SBI General health insurance policy.
SBI General Health Insurance company has an extensive network of 3000+ cashless hospitals through which the policyholders can get quality services with cashless facilities. To locate the nearest network hospital, log on to the official website of the SBI General Health Insurance and visit the “Hospital Network” section.
SBI Health insurance has always focused on helping their customers to make better informed decisions that give them better healthcare and a sense of security. It offers health insurance plans ranging from Rs. 50,000 to Rs. 50 lakhs. No pre-policy medical tests are required if the customer doesn’t have any medical history. SBI General Health Insurance offers individual and family floater plans that cover self-spouse, children and dependent parents, under one health insurance plan.
The policyholder can choose flexible plan options according to the location of the treatment. The company also offers lifelong renewability option to its customers. It has a quick and simple process to purchase and renew health insurance policies. They can be availed in a few simple steps from the company portal.
The health plans offered by the company include pre and post hospitalisation expenses. The policyholders can get free health check-ups up to a certain amount and are also eligible to receive no claim bonus and discounts. The health insurance coverage under SBI GIC can be enhanced by attaching additional coverage. Most importantly, the company offers a vast network of more than 3000 hospitals across the nation where you can get cashless treatment.
The premiums paid towards these health insurance plans are tax eligible under Section 80D of the Income Tax Act, 1961.
Why SBI Health Insurance Plans?
It is important to cover yourself against a sudden illness or injury that might leave you financially devastated and highly stressed. SBI General's health insurance plans help you manage your medical expenses ensuring quality, health, and happiness of your family.
What are the covers offered under Pre and Post Hospitalization Expenses?
Pre-hospitalisation expenses refer to the expenses incurred before the patient is moved to the hospital for treatment purpose. These expenses include:
Post hospitalisation expenses are similar in nature, but are incurred once the patient moves out of the hospital after treatment.
What are the covers offered under Daycare Surgeries/Treatments?
SBI health insurance covers treatment like chemotherapy, Tonsillectomy, Cataract, etc. under day care surgeries/treatments.
What is the age limit for buying SBI health insurance policies?
The minimum age to buy SBI health insurance policy is 18 years; however, children as young as 3 months can also be part of health coverage if both the parents are enrolled under the same health insurance plan.
What is the maximum tenure of SBI health insurance policies?
SBI health insurance policies come with a policy term of up to three years.
What are the family floater policies? How are premiums calculated on SBI Health Insurance Plan?
Family floaters are the policies where the entire family is covered under one insurance plan. The premiums are calculated on the basis of the oldest person covered under the plan.
What is the waiting period for clearing coverages in case of emergencies?
SBI Health insurance offers a grace period of 30 days wherein the policyholder is not entitled to pay for healthcare expenses, although the insurer accepts the hospitalisation due to accidents. There is no waiting period during the renewal of old policies.
Does SBI General Health Insurance cover alternative treatments?
Alternative medicine treatments such as reflexology, aromatherapy, chiropractic, osteopathy, naturopathy, acupuncture, and acupressure are not covered under health insurance policies from SBI General.
How can I check my policy status for SBI General Health Insurance Policy?
You can check your SBI Health insurance policy status by visiting the official website of SBI General health insurance. Log in with a correct login id and password, enter the policy number and check the status of your policy.
What is the policy cancellation process under SBI Health Insurance Policy?
The company offers a free look period of 15 days within which you can cancel the policy and return it to the company. The company will refund the policy premium after deducting the stamp duty charges. You need to submit a duly filled form along with the original policy documents at the nearest SBI branch.
How to fill the SBI Health Insurance form?
The policyholder needs to fill up the part A of the form that contains details such as personal details, policy number, insurance history, details of hospitalisation, details about the claim, and bank account details of the insured. The part B of the form has to be filled by the hospital authorities.
What is SBI health insurance premium?
SBI health insurance premium is a fee paid to the company against the health coverage provided. The company offers a few modes of payment namely:
For online payment method, you can pay via credit card, debit card or net banking facility.