SBI General Insurance - Individual Personal Accident (PA) Policy
SBI General Insurance Company is a joint venture between State Bank of India and Insurance Australia Group (IAG), one of the oldest Insurer in the world. With multi-distribution model consisting of bancassurance, agency, broking & retail direct channels, SBI General Insurance currently covers close to 56 cities pan India and has a wider presence in other cities through satellite resources.
Toll Free line: 1800-22-1111 / 1800-102-1111
E-mail: customer.care@sbigeneral.in
SBI Insurance Individual Personal Accident
This policy offers compensation in case of death or bodily injury to the insured person, directly and solely as a result of an accident, by external, visible and violent means.
Unique Features - SBI Insurance - Individual Personal Accident Policy
Permanent Total: It provides for payment of compensation for bodily injury caused by accidental, violent, external and visible means resulting in Permanent Total Disablement resulting from an accident.
Hospital Confinement Allowance: A compensation will be paid if insured is admitted in a Hospital due to Injury or Accident
Ambulance charges: if incurred for availing an Ambulance Service (including Air Ambulance) to transfer the Insured Person to a Hospital from the location of Accident or Injury or from one Hospital to other Hospital or from Hospital to place of residence in case of death or PTD
Educational Benefit: In the event of the death or permanent total disablement (PTD) of the Insured Person due to an accident as defined in the Policy, the Company shall pay educational benefit for the dependent Children.
Adaption allowance: cost of modifying insured house or vehicle to combat disability.
Eligibility Criteria - SBI Insurance Individual Personal Accident Policy
| Category | Details | |||||
|---|---|---|---|---|---|---|
| Age Group | Min Entry Age: 18 Years Max Entry Age: 65 Years Min Entry Age: 3 Months Max Entry Age: 23 Years (Dependent children) |
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| Renewal Age | Life Long Renewal | |||||
| Sum Insured | Rs. 5 Lacs to Rs. 15 Lacs | |||||
| Policy Tenure | 1 Year | |||||
| Family Definition | Individual & Family - Self, Spouse, (Dependent Children, Dependent Parents and Dependent Parents-in-Law & Non-working Spouse - Limited to 20% of SI or Rs. 10 Lacs (whichever is less) | |||||
| Sum Insured | 5, 7.5, 10, 15 Lacs | 5, 7.5, 10, 15 Lacs | 5, 7.5, 10, 15 Lacs | 5, 7.5, 10, 15 Lacs | 5, 7.5, 10, 15 Lacs | 5, 7.5, 10, 15 Lacs | |||
|---|---|---|---|---|---|---|---|---|---|
| Insured member | Primary Member | Insured member 2 | Insured member 3 | Insured member 4 | Insured member 5 | Insured member 6 | |||
| Below coverages are mentioned as per the Sum Insured (if spouse is non-earning member) | |||||||||
| Accidental Death and Permanent Total Disability | 5 Lacs 7.5 lacs 10 Lacs 15 Lacs |
(5 Lacs-100000) (7.5 lacs-150000) (10 Lacs-200000) (15 Lacs-300000) |
(5 Lacs-100000) (7.5 lacs-150000) (10 Lacs-200000) (15 Lacs-300000) |
(5 Lacs-100000) (7.5 lacs-150000) (10 Lacs-200000) (15 Lacs-300000) |
(5 Lacs-100000) (7.5 lacs-150000) (10 Lacs-200000) (15 Lacs-300000) |
(5 Lacs-100000) (7.5 lacs-150000) (10 Lacs-200000) (15 Lacs-300000) |
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| Adaption allowance | (5 Lacs-5000) (7.5 lacs-7500) (10 Lacs-10000) (15 Lacs-15000) |
Not Available | (5 Lacs-1000) (7.5 lacs-1500) (10 Lacs-2000) (15 Lacs-3000) |
(5 Lacs-1000) (7.5 lacs-1500) (10 Lacs-2000) (15 Lacs-3000) |
(5 Lacs-1000) (7.5 lacs-1500) (10 Lacs-2000) (15 Lacs-3000) |
(5 Lacs-1000) (7.5 lacs-1500) (10 Lacs-2000) (15 Lacs-3000) |
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| Education Benefit | Not Available | Not Available | (5 Lacs-1000) (7.5 lacs-1500) (10 Lacs-2000) (15 Lacs-3000) |
(5 Lacs-1000) (7.5 lacs-1500) (10 Lacs-2000) (15 Lacs-3000) |
Not Available | Not Available | |||
| Ambulance Cover | (5 Lacs-50000) (7.5 lacs-75000) (10 Lacs-100000) (15 Lacs-100000) |
(5 Lacs-10000) (7.5 lacs-15000) (10 Lacs-20000) (15 Lacs-30000) |
Not Available | Not Available | Not Available | Not Available | |||
| Hospital Confinement Allowance | (5 Lacs-1000) (7.5 lacs-1000) (10 Lacs-1000) (15 Lacs-1000) |
(5 Lacs-1000) (7.5 lacs-1000) (10 Lacs-1000) (15 Lacs-1000) |
Not Available | Not Available | Not Available | Not Available | |||
| Below coverages are mentioned as per the Sum Insured (if spouse is earning member) | ||||
|---|---|---|---|---|
| Sum Insured | 5, 7.5, 10, 15 Lacs | |||
| Accidental Death and Permanent Total Disability | 5 Lacs 7.5 lacs 10 Lacs 15 Lacs |
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| Adaption allowance | (5 Lacs-5000) (7.5 lacs-7500) (10 Lacs-10000) (15 Lacs-15000) |
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| Ambulance Cover | (5 Lacs-50000) (7.5 lacs-75000) (10 Lacs-100000) (15 Lacs-100000) |
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Product Benefits - SBI Insurance Individual Personal Accident Policy
| BENEFITS | Table A | Table B | Table C | Table D | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Accidental Death | 100% of Sum Insured | |||||||||
| Permanent Total Disability | Not Covered | 100% of Sum Insured | ||||||||
| Permanent Partial Disability | Not Covered | As per specified in table | ||||||||
| Temporary Total Disability | Not Covered | 1% of SI; maximum Rs. 10000 per week, up to 104 weeks | ||||||||
| Education benefit | Not Covered | 1% of SI or Rs. 50000 whichever is less | ||||||||
| Adaption allowance | Not Covered | 1% of SI or Rs. 25000 whichever is less | ||||||||
| Cumulative Bonus | In the event if the insured does not claim, the sum insured will be increased by 5%, subject to a max. up to 50% | |||||||||
Add-ons - SBI Insurance Individual Personal Accident Policy
| Benefit Name | Definition | Compensation Paid | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Hospital Confinement Allowance: | If insured is admitted in a Hospital due to Injury or Accident | Rs. 1000/2000/3000 per day, maximum for 15 days for entire policy period. | ||||||||
| Ambulance Charges including Air Ambulance : | The expenses are payable if incurred for availing an Ambulance Service (including Air Ambulance) to transfer the Insured Person to a Hospital from the location of Accident or Injury or from one Hospital to other Hospital or from Hospital to place of residence in case of death or PTD. | 10% of the Sum insured; subject to a maximum Rs. 100,000/- per policy period (Available for Sum Insured 5 lac & Above. | ||||||||
Additional Discounts - SBI Insurance Individual Personal Accident Policy
Not Available
Exclusion - SBI Insurance Individual Personal Accident Policy
Accidental Bodily Injury that you meet with or arises out of:
- Accident resulting from Suicide, attempted suicide (whether sane or insane) or intentionally self-inflicted injury, mental or nervous disorder.
- Accident arising out of and in the course of employment in any branch of the Military or Armed Forces of any country, whether in peace or War.
- Accident while being under the influence or abuse of drugs, alcohol, or other intoxicants or hallucinogens unless properly prescribed by a physician and taken as prescribed
- Participation in an actual or attempted felony, riot, crime, misdemeanour, or civil commotion
- Accident during air travel except as a fare paying passenger on a recognized airline or charter aircraft
- Accident while operating or learning to operate any aircraft or ship, or performing duties as a member of the crew on any aircraft or ship.
- Any accident/loss arising out of War, civil war, invasion, insurrection, revolution, act of foreign enemy, hostilities (whether War be declared or not), rebellion, mutiny, use of military power or usurpation of government or military power;
- Any loss resulting directly or indirectly, contributed or aggravated or prolonged by childbirth or from pregnancy
- Committing breach of law with criminal intent, etc.
Claim Process - SBI Insurance Individual Personal Accident Policy
In case you would like to know about the Claim Process or would like to register a Claim please click the link below
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