New Delhi. SBI Offer free insurance. State Bank of India, the country’s largest bank, has given great good news to its customers. The bank is offering free insurance for its debit card holders. Most people are not aware of it. People use debit cards either to remove cash from the ATM machine, then for payment during shopping, but tell you that you also get free insurance offers on your debit card. Let us know about it in detail….
SBI Debit Card Gets Free Insurance
Sbi’s debit card gives free insurance facility to the cardholder. Different debit card holders get different insurance cover. For sbi RuPay Platinum debit card has an insurance cover of up to Rs 2 lakh. The debit card issued by the banks facilitates insurance cover to the customers. Insurance cover such as personal accident cover, prescription protection cover and permanent disability cover can pass you without any expense. In the same link, SBI provides insurance cover of up to Rs 20 lakh to its debit card holders
Sbi customers get up to Rs 20 lakh free insurance cover
Sbi customers of the country’s largest government bank get insurance cover of up to 20 lakh on debit cards. The insurance cover received by the bank provides a complimentary personal accidental insurance of up to Rs. 20 lakh, a purchase protection cover up to Rs. 2 lakh and an add-on cover up to Rs. 50000. Under this insurance policy, the cardholder gets non-air accident death insurance cover, according to which any channel such as ATM/ATM/ATM is available during 90 days before the date of accident. POS/POS Their insurance cover becomes operational when the card is used at least once on e-commerce. As per the rules of insurance, it is extended to the death of debit card holders.
Also Read: Fixed Deposits: How to avail income tax benefits and avoid TDS on FD
What’s special in this insurance
Under personal air accidental insurance (death), personal accidental insurance is provided to the debit card holder if he dies during air travel. Let me tell you here that for the benefit of this insurance policy, the insurance holder must buy a ticket from his SBI debit card.
Sbi’s Performance Protection Benefits
Theft/theft of goods purchased within 90 days of purchase of any goods under SBI’s purchase protection Get covered with burglary etc. However, it is necessary for the customer to pay the goods with sbi debit card. The bank provides a cover of up to 2 lakh on sbi debit card issued to the pay package account holders. Under the add-on cover unmount, two members of the debit card holder’s family are spent on taking the hospital and the cost of bringing the insured person back home.
Add-on Covers Plan
Sbi’s debit card holders also get add-on covers under the insurance policy under which if the baggage is lost during air travel, the card holder gets a checked in baggage loss cover. This will be in addition to the cover available on behalf of the aviation company. Let me tell you here that it is necessary that the air ticket has been purchased through SBI debit card.
