What is SBI accidental insurance?

The plan covers death of the insured due to an accident, disability suffered due to an accident and also loss of income due to the accident which impairs the health of the insured individual. Additional add-on covers are available with the plan which includes Hospital Confinement Allowance and Ambulance Charges.

How do I close my SBI personal accident insurance?

Contact the SBI Life Insurance officials on the toll-free number 1800 267 9090 or 022 6645 6241 between 9:00 am to 9:00 pm every day or the Corporate Office Number 022 6191 0000. You can also mail your queries at the customer support mail of SBI Life.

What is SBI eIA account?

‘e-Insurance Account’ (eIA) is the portfolio of insurance policies of a proposer/policyholder held in an electronic form with an insurance repository. This e-Insurance account facilitate the policyholder by providing access to the insurance portfolio at a click of a button through internet.

Is SBI general insurance mandatory?

SBI General’s Group Health Insurance Policy: Not mandatory for persons under the age of 65. Just 1 year(pre-existing diseases covered after 4 years). Covers all medical instances from 30 days prior to and 60 days after hospitalization. Renew your current health insurance policy from any other insurer with us.

How do I claim my accidental insurance on my debit card?

Documents required

1. Nominee/Cardholder Aadhaar Number.
2. Post-Mortem report/death report (in death case),
3. discharge report.
4. Compliance of 90/45 days transaction.
5. FIR copy.
6. RePay card number.
7. Bank declaration.

What is Pai 2 Lacs in SBI?

Answer and Explanation: PAI (Personal Accidental Death Insurance) is an insurance cover provided by the State Bank of India (SBI).

What is personal accident policy?

A personal accident policy is a type of insurance policy that offers you protection against death or disability caused due to an accident. In case of death due to an accident, the policy pays out a lump sum amount to the nominee of the policyholder.

What do you mean by accident insurance?

Definition Of Personal Accident Insurance Personal accident insurance provides financial coverage against unforeseen events such as accidents causing bodily injury, permanent partial disability or permanent total disability and accidental death.

Is accident insurance mandatory for SBI account opening?

Our branches provide information for benefit and awareness to our customers. That is, if you are going to open any kind of account in SBI, then it is not mandatory for you to take insurance.

Can I cancel my personal accident insurance?

Any request for cancellation will be entertained not less than 14 days after the first day of insurance as indicated in the policy schedule. Such cancellation will be subject to deduction of rs 250/-. No refund of premium or part thereof will be allowed once the journey has commenced.

Can I surrender my SBI Life policy?

To surrender your policy, please visit the nearest SBI Life Branch and submit the duly filled Surrender Request Form.