SBI Health Insurance truly reflects the legacy & trust of the brand 'SBI' among Indian policyholders. They offer expertly curated health plans for individuals, families & senior citizens. With great customer support, over 6000 networking hospitals, efficient claim support and others, SBI Health Insurance promises you the best health protection!
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With expert guidance from advisors
2 lakh + Happy Customers
Real-time Reviews & Testimonials
Network hospitals
6000+
Incurred claim ratio
73.92%
Sum insured
Up to 2 CR
No. of Plans
11
Solvency Ratio
1.8
Pan India Presence
141
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2 lakh + Happy Customers
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Network hospitals
6000+
Incurred claim ratio
73.92%
Sum insured
Up to 2 CR
No. of Plans
11
Solvency Ratio
1.8
Pan India Presence
141
In the year 2009, your own bank, State Bank of India collaborated with the Insurance Australia Group (IAG) and created SBI Health Insurance in the health segment. SBI General is one of the fastest growing private general insurance companies having SBI as the parent company. They carry forward the legacy of trust and security and envision becoming the most trusted general insurer for transforming India. As a health care insurance provider, they have served over 34 crore customers till now.
SBI Health Insurance is the health segment that belongs to the SBI General Insurance Company. They offer several health insurance plans that come with complete health coverage to individuals, senior citizens, and families. You can make payments in the premiums and claim the amount in case of any emergency.
SBI Health Insurance
SBI Health Insurance Plan 2024
Cashless Claim Settlement | Within 24 hours |
Minimum Entry Age | 18 years |
Maximum Entry Age | 65 years |
Sum Insured | Up to Rs. 1 Crores |
Network Hospital | More than 6000 across India |
Tax Benefits | Upto 1 Lakh |
Solvency Ratio (2021-22) | 2% |
Claim Settlement Ratio (2021-22) | 95.04% |
Ambulance Expenses | Covered |
Coverage for Accidents | Yes |
SBI is a reputed people's company in India. The company introduced several health insurance coverage plans to convey the importance of health to the common people. They offer some types of health insurance plans. These are-
Indemnity Health Insurance Plans- In this type of health insurance plan, the company will pay the actual hospital bills up to the total policy sum insured amount. The insurer will pay the rest of the amount.
Definite Benefit Plans- This type of plan gives the insured a pre-decided lump sum amount when they are diagnosed with the illness covered under the policy.
Comprehensive Plan
A comprehensive health insurance plan with 9 base covers and 18 optional covers offering a wide range of sum insured from 3 to 25 Lakhs.
Unique Features
Comprehensive Plan
A comprehensive health insurance plan that offers a 15% increase in cumulative bonus for every claim-free year and comes with 8 optional coverage options.
Unique Features
Comprehensive/ Family Floater Plan
A policy designed to provide coverage to you and your family. Providing high SI of 30 lakhs, it covers maternity expenses to childbirth.
Unique Features
Family Floater Plan
A fixed premium plan that offers coverage up to 3 Lakhs and offers protection against the expenses incurred during OPD and hospitalization.
Unique Features
Standard Plan
A standard health insurance plan that comes with a coverage of 10 Lakhs. Moreover, the plan comes with a 5% Co-pay, applicable on all the admissible claims.
Unique Features
Affordable Plan
A family floater plan for metro and non-metro cities offering wide coverage of INR 5 Lakhs. No pre-policy medical check-up is required to avail of this policy.
Unique Features
Individual/Family Floater Plan
An all-inclusive insurance cover to cater to your health & fitness needs. It is an individual and family floater policy with 7 optional covers to select from.
Unique Benefits
Individual/Family Floater Plan
This plan is designed to provide healthcare coverage to individuals with disabilities and HIV/AIDS offering a sum insured of INR 4 and 5 Lakhs.
Unique Features
Corona Kavach
A standard corona-specific health cover that protects you from COVID-19. The plan covers room rent, ICU expenses, and home care expenses for up to 14 days.
Unique Benefits
Corona Rakshak
The plan offers a lump sum benefit equal to 100% of the sum insured on the diagnosis of COVID-19.
Unique Benefits
Individual
SBI Personal Accident plan provides protection against accidental death, loss of life, and disabilities, it offers a cumulative bonus along with add-ons for ambulance charges.
Unique Benefits
Top-up policy
The policy comes into action post exhaustion of your current health plan and provides affordable premiums with various benefits.
Unique Benefits
Critical Illness policy
The plan offers coverage against 13 critical illnesses & financial support irrespective of the actual medical expenses, & comes with two policy tenures enabling customization.
Unique Features
Hospital Daily Cash
The policy provides a fixed amount to the claimant for each day of hospitalization and expenses like traveling, food, and much more.
Unique Features
Loan Insurance Policy
SBI Loan Insurance policy helps you to repay your outstanding loan in case you are a victim of any of the listed 13 critical illnesses/accidental death/unemployment.
Unique Features
Group Insurance Policy
This plan is available for individuals and families, wherein the plan will take care of medical expenses with affordable premium rates.
Unique Features
Saral Suraksha
Designed for individuals between the ages of 18 to 70 years, the plan offers coverage for accidental death, permanent, total, and permanent partial disability.
Unique Benefits
Saral Suraksha
The plan is designed uniquely for providing travel support, loss of passport, round-the-clock assistance, and many more benefits.
Unique Benefits
Saral Suraksha
A combination plan wherein you can secure both health and life, providing comprehensive coverage for medical emergencies and an assured life cover
Unique Benefits
Group Personal Accident
A versatile Group accident plan covering accidental death, ambulance cover, child education cover, adaptation allowance, and more.
Unique Features
Group Loan Policy
A unique health insurance policy that can be availed for 5 years, covers 15 critical illnesses, accidental death, accidental hospitalization, and more.
Unique Features
SBI health insurance company is famous for creating products that are flexible enough to meet the requirements of their customers. There are a number of benefits to choosing SBI Insurance as your health insurance partner. Read below to know more-
SBI health insurance has more than 6,000 network hospitals throughout the country. The company aims to provide first-class and easily available medical services to its customers.
The most effective way to keep the customers satisfied is by enabling them to reach you easily and with fewer hurdles. SBI as an insurance provider has one of the most dense operating networks in the country. The company runs 24700+ branch offices, agents banks, digital partners, and more.
SBI general health insurance doesn't take a laid-back approach when it comes to offering insurance solutions. The range of products offered by the company includes plans ranging from individual, family floater, top-up, and critical illness, to hospital daily cash and even loan insurance policies.
SBI health insurance plans let their customers enjoy tax savings under section 80D of The Income Tax Act, 1961.
Almost all SBI General Health Insurance plans come with customizable options and multiple sum insured amounts. This gives the policyholder a chance to buy the policy he likes within his economic limits.
You can directly purchase the health insurance policy from the bank if you have an account in the bank. In this way, your premiums will be lower compared to if you purchase the policy from outside.
SBI Health Insurance Policy comes with an efficient customer support system provided by the insurer. Individuals can avail of claim support, and resolve queries related to their policy at any given point.
Multiple plans provided by SBI general health insurance have additional covers such as critical illness coverage, daily hospital cash cover, accident care cover, global treatment cover, and more. Individuals can avail of these optional covers at an additional premium charge.
SBI medical insurance is a highly customizable plan that allows individuals to select base cover and value-added benefits as per their requirements.
SBI medical insurance offers simple and effective claim support wherein insurance holders can file their claims stress-free. The company has an impressive 95.04% of claim settlement ratio which showcases the trust of the customers in the insurer.
SBI General Health Insurance includes numerous value-added advantages such as wellness benefits, lifetime renewability, booster benefits, sum insured restoration, and more.
SBI General Health Insurance is one of the most trusted names in the insurance industry, having earned numerous honours such as "General Insurance Provider of the Year" and "Best Claim Settlement" among many others for its customer service and insurance products.
SBI medical insurance policies are intended to serve all types of customers. Customers can choose from a variety of insurance policies, ranging from critical illness to family floater and individual coverage, depending on their needs.
The expenses incurred due to hospitalisation for 24 hours or more.
There are some requirements before admission to the hospital, such as diagnostic tests and medicines will be covered by the insurance companies. Also, post-hospitalisation, if there is any requirement for an ambulance or any other thing, the expenses are covered by the company.
The insurance by SBI General Health Insurance will also cover your daycare procedure. The advanced technology made it possible to complete the procedure within a day.
AYUSH stands for, Ayurveda, Yoga, Naturopathy, Unani, Siddha, and Homeopathy. With Star Health Insurance, you will be covered if you plan to take the medical benefits of Ayurveda or other natural procedures.
The fees of a medical practitioner, surgeon, anaesthetist, consultant, and specialist will be included in your health insurance.
Any expense incurred while treating the cataract problem is included in the SBI Health Insurance policy.
The expenses on ambulance up to Rs 2000 per hospitalisation are covered.
Expenses incurred on dental treatment if the problem arises due to any major disease like cancer or accident injury.
Treatment of diseases diagnosed during the first 30 days of the purchase of the policy.
Expenses for obesity treatment, and weight control for certain cases.
Plastic or cosmetic surgery unless due to illness/injury.
Gender change procedure cost.
Injury due to hazardous or adventure sports.
Cost of breaching of law
Treatment cost against alcohol, drug, or substance addiction/abuse.
Cost for refractive error (vision).
Any unproven or experimental treatment cost.
Medical costs due to war and war-like situations.
Treatments taken outside India.
The waiting period is the duration in which you have to wait before making the claim. This waiting period applies from the date you buy the policy and lasts up to 15 days to 4 years depending upon policy to policy.
SBI Health Insurance generally adds following waiting periods.
Choosing a health insurance plan can be stressful and confusing for most people. But you need to have a clear idea of what a certain plan is offering and what are the things they are covering. Once you are positive about the plan benefits, it becomes easier to make correct decisions. Let's check out some of the factors that you should consider before buying a health insurance policy:
Getting a medical insurance policy online from PolicyX or directly from the company is full of benefits. Read below to know more.
Have to create this very attractive, as this section is for youngsters, so I suggest adding images with pointers
Although, there are no specific age criteria for buying health insurance plans. But buying insurance at an early age is highly beneficial. Read below to get to know why buying health insurance at an early age is beneficial.
Your premiums will be less at an early age.
At an early age, a continuous cover with renewals will help you to go out with the waiting period.
No medical test is required if you purchase health insurance at an early age.
You can avail a no-claim bonus for every claim-free year.
You do not need to share your medical bills as the co-payment is not applicable in this case.
Buying SBI Health Insurance plans is an easy and hassle-free task. Follow the given procedure for an easy buy.
Note: You can also purchase health insurance by visiting the nearest SBI General branch. If for any reason you are unable to buy health insurance from the company, PolicyX.com is there to assist you.
To avail of the benefits consistently, you need to renew your health insurance policy on time. In the below content, you will get some simple steps on how to renew your health insurance policy.
Visit the official website of SBI General Insurance, and look for the "renew policy" option.
Click on the health insurance.
It will redirect you to the main page where you need to fill in the policy number and policy type.
Review the policy and fill in the details.
Now choose the mode of payment and complete the payment.
Once the payment is made, your policy will be renewed instantly.
There is a direct process to file SBI health insurance claims. Let's take a look at it.
Inform the company about the claim by dialing the toll-free number (1800 22 1111) or SMS 'CLAIM' to 561612.
The SBI customer representative will reach out to you with details of the required documents and further steps.
The SBI claims representative will connect with you within 24 hours of filing the claim.
Submit all the required documents.
The company will initiate the process and settle all relevant claims within 30 days of the final survey report.
Once you submit the claim intimation, the company will start their work of verification. They might assign a field doctor if required for this process. After completing the verification process, you will get the claim immediately.
You can calculate your health insurance premiums online at Policyx. This SBI Health premium calculator is a tool that is designed to enable some potential buyers to estimate the premiums that they need to pay.
The premium calculation for the SBI health insurance plans depends on numerous factors. These factors are the dictators of how much risk is involved with your health and how many claims will be needed to overcome those risks. Let's discuss the factors that affect your SBI health insurance plans in detail.
If you think, your current health insurance coverage is not sufficient to meet your healthcare needs, then you can opt for a SBI Health Insurance Super Top-Up plan to provide supplement your coverage. Here are the top-up plans of SBI Health Insurance offers:
SBI Health Insurance Network Hospitals are present in 31 states across the country. With a wide network of hospitals, SBI Health Insurance ensures that you are medically safe regardless of the city you live in.
SBI Health Insurance Company is a dedicated insurance company that works 24*7 for customer case support. They make sure to resolve all the customer queries, no matter what time. For a branch-wise contact detail, you can read more about SBI Health Insurance Customer Care.
customer.care@sbigeneral.in
1800 102 1111
The company will settle all admissible claims within 30 days of receipt of the final survey report.
No, SBI health insurance does not provide reward points for staying healthy.
Yes, policyholders are eligible to avail of tax benefits under Section 80D of the Income Tax Act, 1961.
Co-payment is the amount that the policyholder has to pay for the medical service covered under the health insurance plan. SBI health insurance plans co-pay clause based on the geographical region of the hospitalization (between 20-30%). In addition, if you are admitted to a non-network hospital, you will be required to pay a 10% copayment.
SBI medical insurance offers a 15 day free-look period to the policyholders in which you can cancel your policy free of cost.
You can pay the premium of the SBI health insurance plans online or by visiting your nearest SBI health insurance branch.
The policyholder can make an online payment using the following payment modes:
SBI mediclaim policy comes with a policy term of up to 3 years.
The minimum age for buying individual health insurance policies from SBI General is 18 years, and the maximum is 65 years, although children as young as 3 months can be covered under health insurance policies if both parents are enrolled under the same plan.
Renewal premium has to be paid with the understanding that no new information has become available with respect to the first policy filings. In case the insured has contracted an illness during the last 12 months, the same has to be notified to the insurer as new illnesses may require payment of an extra premium.
SBI family health insurance plans include hospitalization expenses, pre and post hospitalization coverage, OPD and day care, maternity costs, ambulance charges, AYUSH, and medical health care.
Yes, SBI health insurance plans are available online.
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An explorer and a curious person, Simran has worked in the field of insurance for more than 3 years. Traveling and writing is her only passion and hobby. Her main agenda is to transform insurance information into a piece that is easy to understand and solves the reader’s query seamlessly.
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