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 health insurance policies based on their budget or requirements. A person with critical illness buys a separate plan while a child is usually covered in family floater plans. 

You can choose to buy your health insurance policy from any insurer. SBI Health Insurance company is one of the leading firms in 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 many more. You can 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 has around 24,000+ SBI branches around over 114 locations. SBI Health Insurance is not only affordable but also accessible to different groups of customers. Let us look at some of the features of SBI Health 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 company was 66.08% in FY 2019-20. 
• SBI Health 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 health insurance policies provide you with a sense of financial security. Let us look at some of the benefits provided by the SBI Health Insurance: 

• The policies by SBI Health 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 can be purchased at affordable prices. 
• In every 4 claim-free years, the policyholder gets a free medical check-up. 
• Flexible plans like Metro Health Insurance Plan, Semi-Metro Plans, and many more can be purchased for wide coverage. 
• The plans offered by SBI Health Insurance includes a long 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 at least 3 days, domiciliary expenses are also incurred by the insurer under the plans offered. 
• Pre and post-hospital expenses including consultation fees, test report expenses, etc are paid for by the insurer. 
• Road ambulance facilities are provided under the coverage plans, in case of an emergency. 
• SBI Health Insurance protects you against in-patient hospitalization expenses also.