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SBI-General-Insurance-GPAI

Last Updated on: 20/09/2024

SBI-General-Insurance-GPAI

Name of Product SBI GPAI

Type of coverage

The group insurance plan covers the following risk on account of accident which occurs immediately or within 365 days of the date of accident.

1. Accidental Death (AD).

2. Permanent Total Disability (PTD).

3. Repatriation and Funeral Expenses subject to a maximum of Rs 10,000/-

4. Child Education cover - up to Rs. 20,000/- for First & Second child of insured member (In case of Death or PTD admissible claim)

5. Adaptation Allowance (Home & Vehicle) - Rs.20,000 in case of PTD admissible claim.

6. Ambulance Cover - Rs.1,500/- per incident/accident towards admissible claim of Death or PTD

7. Broken Bones - Accident causes an Insured Person who is aged 60 years or less suffers a fracture (a break in the continuity of a bone) and this is certified by a Doctor and also confirmed by imaging or radiological investigations such as by X-ray etc, maximum up to Rs 5,000/- per claim is permiited.

Age Norms

Entry Age: 18 years to 65 years- Renewable lifelong.

Payout Basis

Basic Cover Payout Basis

Accidental Death (AD)

Benefit

Permanent Total Disability

Benefit

Child Education Support

Benefit

Repatriation Benefit and Funeral Expenses

Benefit

Adaption Allowance

Indemnity

Ambulance Cover

Indemnity

Broken Bone

Indemnity

Permanent Total Disability

Loss of % of Sum Insured

Both hands & both feet

100%

Sight of both eyes

One Hand and One Foot

Either Hand or Foot and Sight of One Eye

Speech and Hearing in Both Ears

Either Hand or Foot

50%

Sight of One Eye

Speech or Hearing in Both Ears

Hearing in One Ear

25%

Thumb and Index Finger of Same Hand

Premium

Rs. 750/- including GST