SBI Insurance Scheme 2025: Under SBI’s new insurance scheme, you will get accidental claim of up to ₹ 40 lakh for ₹ 2000 annually. Know who can avail the benefits of this great security plan and how much money will be available in which situations.
In today’s insecure times where there is no assurance of life, a solid security plan is no less than a lifesaver. State Bank of India (SBI) has launched a special insurance scheme for its account holders, which provides huge coverage at a low cost.
By spending just ₹2000 annually i.e. about ₹167 per month, customers will get an insurance claim of up to ₹40 lakh. This scheme has been specially designed for those middle class families who want to ensure the safety of themselves and their family with less investment.
What is special about this scheme?
This insurance scheme is available only for SBI’s savings account holders. Neeraj Kumar, Head Manager of Deposit-Withdrawal at SBI Head Office, Godda, informed that the premium of this scheme is very nominal, but the security is very comprehensive.
Under the scheme, the customer will be given coverage in case of accidental death, permanent disability or bodily disfigurement. That is, if the person suffers any major injury or disability even while alive, the insurance amount will be given.
Coverage breakdown: How much claim in which situation?
- Loss of both hands, both feet or both eyes: 100% claim
- One hand and one foot or one eye: 100% claim
- Complete loss of speech and hearing ability: 100% claim
- Disability of one hand or one foot: 50%
- Loss of hearing or speaking ability: 50%
- Loss of vision in one eye: 50%
- Loss of thumb or index finger of one hand: 25%
- Under this scheme, not just death, but lifelong helplessness is also taken care of.
Insurance News! Do not ignore this factor before buying insurance, it may cost you heavily later
