SBI General Insurance revised premium rates

Mumbai Mumbai :SBI General Insurance has announced revision of premium rates for select health insurance products, effective from February 1, 2025. The company said the revised rates have been designed keeping in mind the evolving healthcare needs and regulatory changes aimed at improving access to health insurance benefits. These changes will apply to five key products, ensuring customers continued financial protection against rising medical costs. The amendment reflects recent regulatory requirements, including reducing the waiting period for pre-existing diseases from 48 to 36 months and reducing the moratorium period, which is now 5 years instead of 8 years. These changes are aimed at providing customers quicker access to benefits, reinforcing SBI General's commitment to offer flexible and reliable health insurance products that adapt to the changing landscape of healthcare, the press statement said. Is.

Commenting on the revision, Mr. Subramaniam Brahmajosula, Chief Product and Marketing Officer, SBI General Insurance, said, “Accessible health coverage is essential, especially with rising healthcare costs and lifestyle-related diseases. This premium adjustment allows us to provide high quality helps us maintain our commitment to affordable solutions that protect our customers' financial well-being through life's uncertainties. The products affected by the premium adjustment are Arogya Sanjeevani Policy, SBI General Insurance Company Limited; , SBI General Insurance Company Limited – Group; Arogya Sanjeevani Policy, SBI General Insurance Company Limited – Micro Insurance Product and Arogya Top-up Policy.

Comments are closed.