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SBI General Insurance launches ‘SBIG Health Super Top-Up’ Policy to meet the challenge of rising Medical Costs

Submitted by admin on September 25th, 2024

SBI General Insurance, one of the leading General Insurance companies in India is glad to announce the launch of ‘SBIG Health Super Top-Up’, a health insurance top-up plan which is an economical and affordable product in addition to the base health insurance policy. The product can therefore be considered to be highly valuable for people seeking insurance as an addition to their current health insurance policy. As it combines with any existing health insurance policy whether it is corporate or individual. It allows the customer to meet his or her coverage needs in the most convenient way possible without having to go through a lot of hardships.

Lifestyle diseases have become rampant in society while the cost of medical treatment has also continued to rise at a rate of approximately 14% in the country, one must have adequate health cover to meet any unforeseen medical events LIVING standard Which are not covered through medical standard health insurance plans.

Such is the essence of the ‘SBIG Health Super Top-Up’ policy which helps individuals feel sure of themselves in case of any other unforeseen medical mishap. The plan has many types of coverages providing two plans with a sum insured from 5 lacs to 4 Crores. The policymaker states that the claim becomes payable in case of the exhaustion of your primary health insurance or in case of expenses over the deductible amount. It serves Group Health/Retail Health customers with additional coverage needs and a population of the urban/semi-urban area with no or poor insurance. Also, it meets the HNWIs’ or families’ insurance needs, which range as a type of premium coverage.

The SBIG Health Super Top-Up offers remarkable benefits, including:

Other features include the annual aggregated, flexible annual aggregated deductible, and the long-term aggregated deductible.

• SIP stands for ‘Sum Insured Plan’ which has a sling of 5 Lakhs to 4 Crores and Deductibles as low as 2 Lakhs to 2 Crores.
• Cumulative Bonus (CB) No cuts made to the CB, even if there has been a claim made.
• Membership Option for related and/or unrelated illness/injury: Restore without limitations
• Option to have a shorter to medium Waiting Period
• Foreign long-term policy statements to 3 years.
• Affordable and competitive premiums begin from Rs. 3,377 for target customers within 18–35 years.

The following are key aspects of this comprehensive Super Top-up policy cover, which include; Global coverage – which complies with the world standards; Unlimited restore – this policy is unique in as much as it provides consistent cumulative bonus after claim in that the value renews itself as you keep accruing value over time. Also, the elimination of waiting periods enables beneficiaries to have early access to the benefits among other characteristics.

A welcome discount of 5% will be offered to all policies and this will apply only and exclusively if the proposer takes an SBIG Health Super Top-Up insurance quote from the company and renews the insurance within 5 days upon receiving the quote.

At the launch event, Mr Subramanyam Brahmajosyula, CP&MO, SBI General Insurance said, It has become the need of the hour to have comprehensive health coverage since the medical treatment costs are increasing exponentially and illnesses are on the rise. At Shriram Bright, consolidating on our principles of customer convenience and reasonable risk solutions, we have been precisely focusing on delivering evolutionary risk solutions to the customers.

The ‘SBIG Health Super Top-Up’ Insurance Policy, whereby we propose to offer coverage mainly to our clients who wish to improve on their current policy at a subsidized premium. From 2 Lakhs to 2 Crores