What is SBI Health Insurance?
SBI Health Insurance is a health insurance product offered by the State Bank of India (SBI). It is a comprehensive health insurance policy that provides coverage for the medical and health related expenses of individuals and families. The policy covers hospitalization expenses, pre and post hospitalization expenses, day care treatments, domiciliary treatment, and more. It also provides a wide range of additional benefits such as ambulance cover, no-claim bonus, global cover, and more.
Why You Need SBI Health Insurance?
The cost of medical care is increasing day by day and it is becoming difficult for individuals and families to bear the medical expenses. Medical insurance provides financial protection against the medical expenses. It helps in saving money for medical treatments. SBI Health Insurance provides coverage for medical expenses, which helps in reducing the financial burden of medical expenses.
What Does SBI Health Insurance Cover?
SBI Health Insurance covers hospitalization expenses, pre and post hospitalization expenses, day care treatments, domiciliary treatment, and more. It also covers ambulance cover, no-claim bonus, global cover, and more. It also provides coverage for maternity expenses, critical illness cover, personal accident cover, and more.
Who is Eligible for SBI Health Insurance?
SBI Health Insurance is available to individuals and families. The policy is available to individuals aged between 18 and 65 years. The policy also covers dependent children who are up to 25 years of age.
What is the Premium for SBI Health Insurance?
The premium for SBI Health Insurance depends on the sum insured and the type of policy opted for. The premium for the policy can be paid on a yearly, half-yearly, quarterly, or monthly basis.
Which are the Hospitals Covered Under SBI Health Insurance?
SBI Health Insurance provides coverage for medical expenses at network hospitals. Some of the network hospitals are Apollo Hospitals, Fortis Hospitals, Max Healthcare, Manipal Hospitals, and more.
How to Make a Claim Under SBI Health Insurance?
To make a claim under SBI Health Insurance, the policyholder needs to fill the claim form and submit it to the insurance company. The insurance company will then process the claim and reimburse the expenses as per the policy.
What is the Claim Settlement Ratio of SBI Health Insurance?
The Claim Settlement Ratio of SBI Health Insurance is 86.66%, which is higher than the industry average. This indicates that the insurance company is prompt in settling the claims.
Conclusion
SBI Health Insurance is a comprehensive health insurance policy that provides coverage for the medical and health related expenses of individuals and families. It provides coverage for hospitalization expenses, pre and post hospitalization expenses, day care treatments, domiciliary treatment, and more. It also provides additional benefits such as ambulance cover, no-claim bonus, global cover, and more. The policy is available to individuals aged between 18 and 65 years and provides coverage for medical expenses at network hospitals. The Claim Settlement Ratio of SBI Health Insurance is 86.66%, which is higher than the industry average.