Why Choose SBI Health Insurance Plans?

Health insurance plans are crucial as they shield an individual from the burden of medical expenses that are incurred due to expensive medical treatments in private hospitals. Individuals buy insurance policies based on their budget or requirements. an individual with critical illness buys a separate plan while a child is typically covered in family floater plans.

You can prefer to buy your health insurance policy from any insurer. SBI health insurance company is one among the leading firms within the market and is widely popular for its quality services among its policyholders. It covers various features like pre and post-hospitalization, daycare treatment, and lots of more. you’ll compare their various plans and buy the one which suits your needs.

About SBI Health Insurance Company:

SBI General Insurance is a tie-up between SBI or state bank of India and Insurance Australia Group of companies (IAG). it’s around 24,000+ SBI branches around over 114 locations. SBI health insurance isn’t only affordable but also accessible to different groups of customersallow us to look at a number of the features of SBI insurance company:

  • The company has a network of 6,000+ linked hospitals that provide cashless treatment to its customers.
  • The claim settlement ratio of the corporate was 66.08% in FY 2019-20.
  • SBI insurance offers the lifelong renewability of policies to its policyholders.

Benefits of SBI Health Insurance Plans:

SBI health insurance plans are designed with unique features and benefits to provide overall coverage to its customers. The insurance policies provide you with a way of financial security. allow us to look at some of the advantages provided by the SBI Health Insurance:

  • The policies by SBI insurance provide a fair sum assured which ranges from Rs. 50,000 to Rs. 5 Lakh.
  • Up to the age of 45 years, no pre-medical screening for applicants is required to buy the policies.
  • The company provides tax deduction benefits under section 80D of the income tax Act.
  • Cashless treatments are made available for the policyholders in any of the network hospitals.
  • Additional covers which include consultation fees and room rents are often purchased at affordable prices.
  • In every 4 claim-free years, the policyholder gets a free medical check-up.
  • Flexible plans like Metro insurance Plan, Semi-Metro Plans, and lots of more are often purchased for wide coverage.
  • The plans offered by SBI insurance includes an extended list of ailments from basic illness to critical diseases.
  • There is a provision of lifelong renewability of policies for the policyholders.

Common Inclusions of SBI Health Insurance Plans:

Following is the list of things that are a part of almost all the plans offered by the SBI Health Insurance:

  • The company offers protection against daycare procedures like dialysis, radiation, chemotherapy, etc. which require less than 24 hours of hospitalization.
  • If availed for a minimum of 3 days, domiciliary expenses also are incurred by the insurer under the plans offered.
  • Pre and post-hospital expenses including consultation fees, test report expenses, etc are purchased by the insurer.
  • Road ambulance facilities are provided under the coverage plans, just in case of an emergency.
  • SBI insurance protects you against in-patient hospitalization expenses also.

Conclusion:

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