5 Salient features of the SBI health insurance plan you must know: Health insurance policies are for us to stay prepared for the worst scenarios that might occur anytime. Buying an insurance plan is as important as maintaining a healthy lifestyle.
The common belief among people that leading a proper and well-maintained lifestyle will protect them against diseases is almost a myth in today’s world. Most of us get derailed from our usual routine because of work pressures and hectic schedules. So, when you start looking for the best health insurance plan, SBI health insurance will come to your notice.
The SBI General Insurance Company has been serving in the Indian market for over a decade now. Known for its limited yet distinct insurance options in the health segment, the company has gained immense goodwill in the past few years.
SBI health insurance is one of the most trusted and reliable options, given its track record of genuine service. People’s interest and affordability are what the company tends to satisfy. So, before you look into the health insurance policy options, get to know some of the exclusive features of SBI General that make it stand out in the market.
A proper healthcare routine is incomplete without a comprehensive health insurance policy.
Key Features of SBI Health Insurance
The availability of over two dozen insurance companies in India has many advantages. The most beneficial one is that the insurance providers leave no stone unturned to bring about as many exciting features as they can to get hold of the market. SBI General insurance seems to succeed at it as the customer base has increased rapidly over the past few years. You can also become one and buy an SBI health insurance plan that best suits your budget.
Convenient Cashless Claims
SBI health insurance plans come with the cashless claim facility that you can avail easily in just a few simple steps. Get round the clock service and assistance from the company’s team of experts. In case you or any of your family members have to take admission in the hospital, just follow the steps given below to get your cashless claim within 24 hours.
- For availing a cashless claim, you will need to submit a request to the TPA (Third Party Administrator). If you are going for a planned admission, you will have to submit the request application before 48 hours and during an emergency within 24 hours.
- Submit all the required documents to the team via an email to initiate the claim process.
- Once you get approval after the documents are verified, the company will settle the claim with the hospital.
You have to ensure that all the documents are up to the mark, including doctor’s prescription, medical bills, etc. The faster you complete the formalities, the better it will be for availing the cashless claim.
Reimbursement Claim Process
SBI health insurance also offers the facility of a reimbursement claim, wherein you can avail the insurance claim even if the treatment is done in a hospital that is exclusive of the company network. This process also takes a few easy steps.
- You will have to first settle the hospital bill by yourself.
- Collect all the required documents of the hospital and submit it with a duly signed copy of the claim form.
- The company will verify all the documentation and then pass an approval.
- Once you get the approval, it can take some time to settle the claim amount since the reimbursement formalities are involved.
The reimbursement claim process is one of the selling points of SBI health insurance given there are not many insurers in the country who offer this facility.
The SBI General offers around eight to nine plans that are all affordable and suitable for all groups of people. You can check the premium rates and the coverages under the same to enjoy financial security during an unfortunate situation. You can also get no-claim bonus and discounts on premiums if you meet the criteria for the same. You just have to make sure that the premiums are paid on time.
Free Lock Period
SBI health insurance plans also come with a “free lock period” of 15 days. If you realise that the plan you have selected is not appropriate for you or change your mind within the free lock period, you can cancel the subscription without any additional charges. This gives you the liberty of choice that you can enjoy with SBI.
Customisation of Plans
What if you like the coverages of one plan and the premium rate of another? Well, you can customise your SBI health insurance plan with the add-on covers and make it worth your choice.
SBI General Insurance Company serves some of the best health insurance plans available in the country. With the exclusive features and benefits, you can stay financially prepared for the inevitability of future events. Try taking the help of an online insurance broker to get your hands on the best plans!