SBI Accidental Insurance

Hello sir, I am Dev, please provide me details of the SBI Personal Accident Insurance for Savings Bank Account holders???

[Kiran Chandar]

State Bank of India Savings Bank Account holders can get a Personal Accident Insurance cover issued by SBI General of Rs. 4 lac just for a nominal annual premium of Rs. 200/-.
Policy covers death due to accident only.

Two variants are available:
I. Cover of Rs. 2 lac for an annual premium of Rs. 100/-
II. Cover of Rs. 4 lac for an annual premium of Rs. 200/-

Key Benefits
-Policy for self employed, salaried and business class people
-Add-on Covers available including Hospital Confinement Allowance and Ambulance charges
-Permanent Total Disability (PTD) benefit comes with add-ons like Education Benefit & Adaptation Allowance at no additional cost
-Cumulative Bonus available
-Policy covers - Loss of life due to accident, Disabilities due to accident and Income loss due to accident
Coverage: The Policy covers death due to accident only.

Sum Insured:
Sum Insured Premium payable including Service Tax as applicable
Rs. 2,00,000 Rs. 100
Rs. 4,00,000 Rs. 200

Exclusions:
Some of the major exclusions are:
-Suicide & Self Inflicted Injury
-HIV, AIDS
-Persons enrolled in any branch of police, paramilitary, military & armed forces of any Country, whether in peace or war.
-Accidents under influence of Alcohol, Drugs, or other Intoxicants
-Participation in Riot, Felony, Crime or Civil Commotion
-Learning or operating any Aircraft.
-War, Civil War, Invasion, Insurrection, Revolution, Act of Foreign Enemy etc,
-Nuclear Damage
-Adventure & Dangerous sports
-Child Birth & Pregnancy
-Wilful Participation in Illegal act or any Violation or attempted violation of the Law or Resistance to arrest.