*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
Among many other health insurers, SBI General is a renowned name for offering comprehensive and cost-effective health insurance policies. The policies are customizable as per your requirements. And most importantly, you can calculate the premium on your own through the SBI health insurance premium calculator.
SBI Health Insurance Company, founded in the year 2010, is one of the popular general insurance companies in India. With 6000+ network hospitals, lifetime renewability, and Incurred Claim ratio of 52.01%, it offers a massive range of health insurance products without a pre-policy medical screening for policyholders, which aims at assisting policyholders financially in case of health-related issues.
Thanks to the technology, all applications can be conveniently taken over online, including buying an insurance policy. It opens doors to better options, transparency into various companies, and the policies they offer, intricate and minute details of the company which otherwise are never known. One very important aspect of it all is to deduce the online premium through a premium calculator. The same can be done for SBI Health Insurance wherein a customer can delve into various policies, add or deduct components and conclude a final policy customizing it as per the individual needs and calculate the premium to be paid. This can be further modified or retained as per the choice of the customer.
The reasons why it is important to calculate an online premium quote are:
It is a very simple process, and the following steps need to be followed:
Important factors that affect the health insurance premium are many, and correct details should be entered:
SBI Plan |
Minimum Entry Age |
Maximum Entry Age |
Sum Insured |
Policy Term |
Premium Paying Modes |
SBI Arogya Premier Policy |
3 months – child 18 years - adult |
65 years |
Rs 10 – 30 lakh |
1 year |
Annually/Monthly |
SBI Arogya Plus Policy |
3 months – child 18 years - adult |
65 years |
Rs 1/2/3 lakh |
1 year |
Annually/Monthly |
SBI Arogya Top Up Policy |
3 months – child 18 years - adult |
65 years |
Rs 1 - 50 lakh |
1 year |
Annually/Monthly |
SBI Retail Health Insurance |
3 months – child 18 years - adult |
65 years |
Rs 50,000 to 5 lakh |
1 year |
Annually/Monthly |
SBI Critical Illness health insurance policy |
3 months – child 18 years - adult |
65 years |
Rs 2 lakh – 50 lakh |
1 year, 3 years |
Annually/Monthly |
SBI Hospital Daily Cash Insurance Policy |
3 months – child 18 years - adult |
65 years |
Rs 500 per day to Rs 2000 |
1 year |
Annually/Monthly |
SBI Loan Insurance Policy |
Adult – 18 years |
70 years |
Rs 1 lakh |
1 year |
Annually/Monthly |
A: Any amount that the policyholder needs to pay before claiming the remaining amount of the expense made is a deductible. The policyholder's co-payment is made in a fixed ratio in the claim amount, while the insurance company will pay the other part.
A: Under section 80 D of the Indian Income Tax Act, 1961, tax benefits up to Rs 50000 can be gained on the amount of premium paid towards the policy.
*Income tax benefits are subject to the prevailing tax laws
A.3. Lifetime renewability is available with SBI Medical insurance policy, which can be processed online following a simple renewal process. One can also renew the policy through Paisawiki.com by following the renewal steps there.