SBI Individual Personal Accident Insurance Overview

SBI Individual Personal Accident Insurance Overview

SBI General Insurance Company is one of the leading pioneers in the insurance industry, with a wide network of branches and a reputation of reliability and customer service. They offer a wide range of products for both individuals and corporations. Individual Personal Accident Insurance is a comprehensive insurance policy which has been designed to offer financial protection to the individuals in case of deaths or disabilities due to accidents. They also provide additional benefits like hospital confinement allowance, children’s education funds, and more. This policy is a cost-effective way to ensure your financial security in case of unforeseen events. Read on to know more about its features, benefits, and more.

Key Highlights of SBI Individual Personal Accident Insurance

Here is a table depicting the key highlighting features of SBI Individual Personal Accident Insurance Policy:

Key Features of SBI Individual Personal Accident Insurance

Here are a few key features of SBI Individual Personal Accident Insurance Policy:

 

• Suitable for every kind of person: salaried, self-employed, and business owners

• Ambulance and hospitalisation expenses covered

• Adaptation allowance and education benefits are included at no extra costs

• Cumulative bonuses are available at every stage of this insurance policy

• Income loss coverage due to accidents

Inclusions of SBI Individual Personal Accident Insurance

Here are a few inclusions under SBI General Individual Personal Accident Policy:

 

• Accidental death

• Permanent total disability

• Permanent partial disability

• Temporary total disability

Exclusions Under SBI Individual Personal Accident Insurance

Here are a few mandatory exclusions under SBI Individual Personal Accident Insurance Policy:

 

• Intentional self-injury like attempted or actual suicide

• Breach of laws with an intention of committing a crime

• Due to the participation in attempted or actual riot, felony, civil commotion, or crime

• Due to an influence of hallucinogens, drugs, alcohol, or substance abuse, unless prescribed by a medical practitioner

How to Make a Claim Under SBI Individual Personal Accident Insurance

Here’s how you can make a claim under SBI Individual Personal Accident Insurance:

 

• Intimate SBI about your claim by calling them on their toll-free number: 1800 22 1111

• You can also send SBI a text message ‘CLAIM’ as an SMS to 561612

• The customer executive of SBI will reach out to you with all the details of the necessary documents and the succeeding steps

• The claims’ representative of SBI will contact you within a span of just 24 hours after filing the claim

• Submit all the necessary documents

• SBI will then initiate the procedure and settle all the necessary claims within a span of 30 days of the final survey’s report

You must submit the following documents to raise your claim:

 

• KYC form

• Address proof

• Duly signed claim form

• Original discharge papers

• Receipts/bills/medical reports

• Photo ID documents (Aadhar card or PAN card)

• Doctor’s consultation report

• Copy of the investigation report in case of an accident

Conclusion

SBI General Individual Personal Accident Insurance Policy covers every possible treatment expenses. With affordable premiums, hassle-free claim settlement process, and extensive coverage options, it is a reliable choice for individuals who are seeking financial assistance against unforeseen circumstances.