SBI General Insurance

SBI General Insurance Company Limited started operating in 2010. It is a joint venture of State Bank of India (SBI) and Insurance Australia Group (IAG). ICRA has given it an iAAA rating for highest claims paying ability. The general insurance is provided through 23,000 branches of State Bank Group and 5,500+ Regional Rural Banks (RRBs).

The key features after policies provided by SBI include coverage of third-party liability, legal liability for paid drivers or employees, depreciation, return to invoice, and some amazing add-on benefits.

SBI has won two categories, “Under-served Market Penetration” and “Commercial Lines Growth Leadership” Award at the India Insurance Awards 2016, and many more.

Company Highlights (Key Features & Benefits)


1. Multiple Plan Options
The company is offering multiple car, bike, & commercial vehicle insurance plans to cater to your different needs. You can choose the one that insures your vehicle in unfortunate circumstances.

2. Claim Settlement Ratio
The claim settlement ratio provided by SBI General Insurance in FY20:
Car 89.51%, Bike 89.51%, and Commercial Vehicle 89.51%.

3. Network Garages
The company has 2900+ authorized network garages spread across the country where you can get cashless claim settlement.

4.24*7 Customer Assistance
You can contact them for inquiries or complaints 24x7 and also for claim assistance through SMS, emails, and phone call, seven days a week.

5. No Claim bonus
They transfer the no-claim bonus from previous policy (maximum up to 50%) to you.

6.24*7 Roadside Assistance
Add-on benefit to choose 24x7 emergency roadside assistance, which is just a call or click away no matter where you are stuck in India.

7. Zero Depreciation
Avail unlimited benefits of zero depreciation cover, with add-on benefits.

8. Personal Accident Cover:
For Car - up to Rs. 15 Lakh
For Bike - up to Rs. 15 Lakh

9. Third-Party Coverage:
For Car - Up to Rs. 7.5 Lakh (Property Damage)
For Bike - up to Rs. 1 Lakh (Property Damage)

10. Add on Cover
There are multiple add-on covers like Return To Invoice, Engine Guard, Road Side Assistance, Cover for Consumables, Protection of NCB, to downsize your liabilities.



The Company is offering multiple car, bike, & commercial vehicle insurance plans to cater to your different needs. You can choose the one that insures your vehicle in best way. Plans are as follows:

• Comprehensive car insurance
• Third-party car insurance
• Standalone car insurance
• Standalone car insurance exclusions
• Usage-based motor insurance



Why to buy with FinSukh?

• Instant policy # within few minutes
• Huge Network of Local Advisors
• Lowest Price Guaranteed
• Guaranteed Claim Assistance
• No Commission for matching Advisor
• 24*7 Online Digital Support


How to buy with
1. Tell us what you’re looking for
2. We find the best agents in your area
3. You connect with the local agents of your area
4. Presentation & Completion of Proposal
5. Delivery of final documents with support till policy term

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