SBI General’s Travel Insurance (Business and Holiday) provides comprehensive cover for insured and his family when travelling overseas. It covers against medical and other financial emergencies during the trip abroad and help restore your peace and be in control of the situation.
Key Feature
- Medical cover upto USD 0.5 million
- No medical examination
- Comprehensive coverage
- Worldwide protection & round the clock assistance
- Fair, transparent & quick cashless claim settlement
SBI General Travel Insurance is one of the most comprehensive policies in the industry. It covers expenses incurred for medical treatment of illness, disease contracted or injury sustained during an overseas travel and which is primarily in the nature of an emergency and necessary to be undertaken immediately along with other related coverages.
| Section | Coverages | Benefits (in US $) | Deductible |
|---|---|---|---|
| A | Medical Expenses including Evacuation & Repatriation | 50,000 to 500,000 | US $ 100 |
| A-i | Personal Accident | 10% of Limit of cover under Section A | Nil (subject to maximum 25,000) |
| A-ii | Travel Support | ||
| 1. Loss of Passport | USD 2000 on floater basis | 5% of claim amount | |
| 2. Golfer’s Hole-In-One | USD 2000 on floater basis | 5% of claim amount | |
| 3. Home Burglary Insurance | USD 2000 on floater basis | 5% of claim amount | |
| 4. Loss of Checked Baggage | USD 2000 on floater basis | 5% of claim amount | |
| 5. Trip Cancellation | USD 2000 on floater basis | 5% of claim amount | |
| 6. Trip Curtailment | USD 2000 on floater basis | 5% of claim amount | |
| 7. Missed Connection | USD 2000 on floater basis | 5% of claim amount | |
| 8. Delay of Checked Baggage | USD 2000 on floater basis | First 12 hrs | |
| (Baggage delay payment at the rate of US $ 200 per 12 hrs) | |||
| 9. Hijack Cover | USD 2000 on floater basis | First 24 Hrs | |
| (Hijack Cover at the rate of US $ 200 per 24 hrs) | |||
| 10. Trip Delay | USD 2000 on floater basis | First 12 hrs | |
| (Trip Delay at the rate of US $ 200 per 12 hrs) | |||
| 11. Hospitalisation Daily Allowance | USD 2000 on floater basis | First one day | |
| (cash at the rate of US $ 50 per day) | |||
| 12. Bail Bond | USD 2000 on floater basis | Not Applicable | |
| 13. Emergency Cash Advance | USD 2000 on floater basis | Not Applicable | |
| B | Personal Liability | 50% of the Limit of cover under Section A or 200,000, whichever is lower. | US $ 100 |
Period of insurance
a) Single Trip:- Policy can be issued for minimum 1 day up to a maximum of 180 days duration.
b) Multi Trip:- Policy will be issued only for one year and not for any duration shorter or longer than one year.
How to extend the policy duration?
With prior approval of the Insurer and on payment of extra premium:- Extension in Policy duration is only permissible in single trip insurance for a maximum 180 days subject to the condition that total Policy duration after extension shall not be more than 270 days.
The premium for extension of Policy duration will be the difference of full extended period premium minus premium received till date.
Automatic extension:- This extension is over and above extension of the Policy duration after prior approval for a period not exceeding 7 days if necessitated by delay of public transport services beyond the control of the Insured person. This automatic extension will be free of any charge.
Exclusions
Please refer to the detailed exclusion clause in the policy.
