Policy Dunia

Policies For All

Home » Blog » General Insurance » SBI Travel Insurance Policy

SBI Travel Insurance Policy

By

SBI Travel Insurance Policy
5 (100%) 2 votes

SBI General Travel Insurance Policy

Sbi general travel insurance policy image

SBI Travel Insurance Policy Introduction

SBI Travel Insurance policy is the best plan for the people who are travel alone, with family or business associates.You would certainly want your trip abroad to be as per your plan. Despite all that careful planning, there may be unforeseen events beyond your control. Travel in peace anywhere in the world with SBI General Travel Insurance Policy.This may take your peace of mind and put you completely out of control.

SBI  Travel Insurance policy (Business and Holiday) provides comprehensive cover for you and your family when you are to travel often and widely. SBI Travel Insurance policy covers you against medical and other financial emergencies during your trip abroad and help restore your peace and be in control of the situation.

SBI Travel insurance policy is not only for individual and family,it is also for the Students.SBI Student Travel Insurance gives a better quote for the student who are willing to study in aboard without any worries.

So SBI General Travel Insurance policy makes you feel comfort in abroad.

Sbi Travel Insurance policy Eligibility and Conditions

Eligibility age for SBI Travel Insurance Policy:

  • The age limit is 6 months to 70 years.
  • Indian Residents undertaking bonafide trips abroad for: a) business and official purposes, b) holiday purpose
  • Foreign Nationals working in India.

SBI Travel Insurance policy Period of insurance:

a) Single Trip:- Policy can be issued for minimum 1 day up to a maximum of 180 days duration.

b) Multi Trip:- Policy will be issued only for one year and not for any duration shorter or longer than one year.

SBI Travel Insurance policy Conditions:

Family means members listed below travelling on same trip:

  • Your legally married spouse as long as she/he continues to be married to You;
  • Your legal and dependent children;
  • Your legal and dependent parents and parents in law.

Family Floater limit means the Limit of cover under SBI Travel Insurance policy which is available in aggregate not separately for all members of family who are specified as insured persons in policy schedule and which can be used by all or any of them.

Family Floater Discount Table 

Age of the Oldest Member (0-40 Years)
Two Three Four
15% 22% 30%
Age of the Oldest Member (41-60 Years)
Two Three Four
10% 17% 25%
Age of the Oldest Member (61-70 Years)
Two Three Four
0% 0% 0%

Group Discount Table:

Group Size Group Discount
10-50 15%
51-100 20%
101-200 25%
201-350 30%
351-500 35%
>500 40%

SBI Travel Insurance policy Reviews,Key Features and benefits

  • SBI Travel Insurance policy has benefit that it gives a Medical cover upto USD 0.5 million.
  • No medical examination
  • SBI general Travel Insurance policy is a Comprehensive coverage
  • Worldwide protection & round the clock assistance
  • Fair, transparent & quick cashless claim settlement.

SBI Travel Insurance Policy Cover

                  SBI General Travel Insurance is one of the most comprehensive policies in the industry. SBI Travel insurance policy covers expenses incurred for medical treatment of illness, disease contracted or injury sustained during an overseas travel and which is primarily in the nature of an emergency and necessary to be undertaken immediately along with other related coverages.

Emergency Medical Evacuation:

  • Means arrangement for transportation required to move an insured to the nearest hospital .

Medical Repatriation :

  • Means arrangement for transportation required to move an insured to his/her country of residence following an emergency.

Personal Accident:

  •  Compensation paid in case of death or permanent total disability caused due to an accident.

Personal Liability:

  • Compensation of damages to be paid to a third party, resulting from death, injury or damage to health or property caused involuntarily by the insured.

Travel support (loss of passport, Golfer’s Hole-In-One, Home Burglary Insurance, Loss of Checked Baggage, Trip Cancellation, Trip Curtailment, Missed Connection, Delay of Checked Baggage, Hijack Cover, Trip Delay, Hospitalisation Daily Allowance, Bail Bond and Emergency Cash Advance).

SBI Travel Insurance Claim procedure

SBI General Insurance company had a dedicated and experienced claims team aim to deliver you a differentiated customer service of a fast, fair, convenient and transparent claims process for the management and settlement of your claim.

At SBI General insurance company main philosophy is to always look for ways to pay valid claims in a fair and timely manner. SBI Travel Insurance policy claim service will:

  • Provide assistance in emergency situations
  • Relieve the stress of a claim by co-ordinating repair and replacement of your assets
  • Keep you informed of the progress of your claim
  • Provide you with the choice of accessing our preferred local service providers.
Section Coverages Benefits (in US $) Deductible
A Medical Expenses including Evacuation & Repatriation 50,000 to 5,00,000 US $ 100
A-i Personal Accident 10% of Limit of cover under Section (A) subject to maximum 25,000 Nil
A-ii Travel Support
1. Loss of Passport 2000 on Floater basis 5% of claim amount
2. Golfer’s Hole-In-One 5% of claim amount
3. Home Burglary Insurance 5% of claim amount
4. Loss of Checked Baggage 5% of claim amount
5. Trip Cancellation 5% of claim amount
6. Trip Curtailment 5% of claim amount
7. Missed Connection 5% of claim amount
8. Delay of Checked Baggage (Baggage delay payment at the rate of US $ 200 per 12 hrs) First 12 hrs
9. Hijack Cover (Hijack Cover at the rate of US $ 200 per 24 hrs) First 24 Hrs
10. Trip Delay (Trip Delay at the rate of US $ 200 per 12 hrs) First 12 hrs
11. Hospitalisation Daily Allowance
(cash at the rate of US $ 50 per day)		 First one day
12. Bail Bond Not Applicable
13. Emergency Cash Advance Not Applicable
B Personal Liability 50% of the Limit of cover under Section ( A ) or 2,00,000, whichever is lower. US $ 100

SBI Travel Insurance policy Deductibles

Deductible also referred to as excess is the portion of any claim; as a period of time for which the company will not pay any benefit or as a percentage of the sum insured or a fixed amount that is not covered by the sbi travel insurance policy. It is mutually agreed and is mentioned in the policy schedule to the Insurance Policy.

A deductible is important as makes the insured a co-owner of the policy by taking up a certain portion of the loss himself/ herself.

SBI Travel Insurance Inclusions and Exclusions 

 Inclusion  Exclusion
The Sbi travel insurance shall be liable topay any benefit to the Insured caused due to:

  • Emergency Medical Expenses,Emergency Medical Evacuation and Repatriation
  • Emergency Dental Expenses
  • Hospital Cash
  • Accidental Death and permanent total disability
  • Personal accident
  • Flight delay
  • Loss of baggage
  • Loss of Checked baggage
  • Personal Liability
  • Financial Emergency Assistance
  • Emergency Cash Advance
  • Golfer’s Hole-In-One
  • Travel Support
 The Sbi travel insurance policy shall not be liable to pay any benefit to the Insured caused due to:The Company shall not be liable to pay under the Policy for the following:

  • No claim will be paid where the Insured person is travelling against the advice of a Physician or on waiting list for specified medical treatment declared in the Physician report.
  • No claim will be paid if arising from suicide, attempted suicide,mental disorder, anxiety, stress or depression, venereal disease, alcoholism, drunkenness or the abuse of the drugs,or other liability attributable to HIV and AIDS
  • No claim will be paid if arising from the Insured person taking part in Naval, Military or Airforce operations.
  • No claim will be paid if arising from War.
  • No claim will be paid which arises from the Insured person engaging in Air Travel unless he or she flies as a passenger on an aircraft properly licensed to carry passengers.
  • No claim will be paid arising from the participation of the Insured person in winter sports, mountaineering etc.
  • No claim will be paid for losses arising from accidents on two wheeled motorised vehicles unless at the time of the accident the driver is duly qualified, is in possession of a current full International driving license and the Insured person is wearing a safety crash helmet.

SBI Travel Insurance FAQs

1.How to extend the policy duration?

A.With prior approval of the Insurer and on payment of extra premium: Extension in Policy duration is only permissible in single trip insurance for a maximum 180 days subject to the condition that total Policy duration after extension shall not be more than 270 days.

The premium for extension of Policy duration will be difference of full extended period premium minus premium received till date.

Automatic extension:-This extension is over and above extension of the Policy duration after prior approval for a period not exceeding 7 days if necessitated by delay of public transport services beyond the control of the Insured person. This automatic extension will be free of any charge.

2.Where should i call for claims assistance when I am abroad?

You can call to our partner –

AXA Assistance India Private Limited

403 B-404, Copia Tower

Jasola District Center, New Delhi 110025, India

Dedicated International toll free numbers for US & Canada.

844-691-8882 – Canada

844-691-8884 – US

For Rest of the world :

SBI dedicated Hotline – +91 11 45735511 (Call Back Facility) Reverse call back.

Alarm Centre FAX – +91 11 45070617

Email – sbitravel@axa-assistance.in

Email – sbitravel@axa-assistance.in

3.When do I need Travel Insurance? What is the benefit of taking a travel insurance policy?

International Travel Insurance is a type of insurance that provides you medical, financial and other assistance in case of any emergency or untoward circumstances while traveling outside the country.

While you are traveling and in case you are hospitalised, or you need any kind of medical aid; examination by a physician, therapies or diagnostic tests, this cover will assist you through cashless service or reimburse the expenses up to the maximum amount mentioned in your policy.

4.What will happen if my baggage does not clear in time?will my policy help me in any way?

This insurance will pay US $ 200 for every 12 hours in excess of first 12 hours up to the limit of cover shown in the Schedule for necessary emergency purchase of replacement items in the event that the Insured person suffers a delay of more than 12 hours from the scheduled arrival time at the destination for delivery of baggage that has been checked by an International Airline for an International outbound flight from the Republic of India.

5.What are the sum insured options available under the plan?

If I hire a car when travelling and meet with an accident,will the policy cover me?

The policy has a personal liability cover that protects your liability under incidents that result in death, injury, damage to health or damage to the property of a third party. Also, you have the personal accident cover to take care of your hospitalisation expenses in case of any accidental injury.

  • For Medical Expenses including Evaluation & Repatriation – US $50,000 to US $5,00,000
  • For Personal Accident – 10% of Limit of cover under Section ( A ) subject to maximum US $25,000
  • For Travel Support – US $2000 on Floater basis
  • Personal Liability – 50% of the Limit of cover under Section ( A ) or US $ 2,00,000, whichever is lower.

SBI Travel Insurance Customer care Number

Toll Free : 1800 22 1111 /
1800 102 1111

Email – sbitravel@axa-assistance.in

sbi tollfree call assistance

Comments

  1. I am traveling to USA on 28th july,along with my spouse, need assistance to buy SBI Travel insurance. I am located at bikaner. Would leave Bikaner for Delhi on 27th. My number is 9413143293. Assistance requested immediately.

    thanx

    Professor Dr Shekhar Bhargava, Bikaner

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *