SBI Health Insurance Arogya Premier Policy

Some of the major reasons why you should choose the Arogya Premier plan from SBI are as follows:

• No Pre-Medical Test: If the insured person’s age is less than 55 years and he/she has no medical history, the plan requires no pre-medical check-up. In case the insured has a medical history, he/she should inform the company while purchasing the SBI Arogya Premier plan.

• No Claim Bonus: For every claim-free year, the plan gives no claim bonus of 10% of the sum insured. The bonus can maximum go up to 50%.

• Auto Reinstatement Of Sum Insured: In case your sum insured gets exhausted due to the claims made, the plan allows you to automatically reinstate the sum insured amount without paying any additional premium.
• Reimbursement Of Health Check-Up: If there is no claim for 4 consecutive years, the plan offers the reimbursement of health check-ups up to Rs. 5000.

• Tax Benefits: Under Section 80 D of the Income Tax Act, 1961, the plan provides tax deductions on the premium amount paid for the policy. In this way, the insured can save a significant amount of money.