COMPLIMENTARY INSURANCE COVERS AVAILABLE ON SBI DEBIT CARDS

Personal Accidental Insurance (Death) Non Air : This insurance covers the Debit Cardholder for non-air accidental death only, to the extent as applicable on the type of Debit Card variant held. This Insurance Cover becomes operational when the Card is used at least once on any channel, viz ATM/PoS/eCom during the last 90 days (Financial) from the date of accident.

Personal Air Accidental Insurance (Death): This insurance covers the Debit Cardholder for air accidental death only, to the extent as applicable on the type of Debit Card variant held. This Insurance Cover becomes operational when the Card is used at least once on any channel, viz ATM/PoS/eCom during the last 90 days (Financial / Non-financial transaction) from the date of accident, subject to a condition that the air ticket for that air travel should have been purchased by using the Debit Card.

The details of the Personal Accident Insurance (Air & Non-Air) are as follows:

Debit Card Variant
Personal Accident Insurance Cover - Non-Air (Death Only) In Rs.
Personal Air Accident Insurance Cover (Death Only) In Rs.

SBI Gold (MasterCard/VISA)

2,00,000/-

4,00,000/-

SBI Yuva (VISA)

2,00,000/-

4,00,000/-

SBI Platinum (MasterCard/VISA)

5,00,000/-

10,00,000/-

SBI Pride (Business Debit) (MasterCard/VISA)

2,00,000/-

4,00,000/-

SBI Premium (Business Debit)(MasterCard/VISA)

5,00,000/-

10,00,000/-

SBI VISA Signature Debit Card

10,00,000/-

20,00,000/-

Purchase Protection : This policy covers loss of goods/articles purchased (excluding perishables, jewellery, precious stones) due to theft/burglary/house breaking, including theft from vehicle, within 90 days of purchase of such goods. The goods must have been purchased by using the eligible Debit Card variants at Point of Sale/Merchant establishments.


Debit Card Variant
Purchase Protection Cover In Rs.

SBI Gold (MasterCard/Visa)

5,000/-

SBI Yuva (Visa)

5,000/-

SBI Platinum (MasterCard/Visa)

50,000/-

SBI Pride (Business Debit) (MasterCard/Visa)

5,000/-

SBI Premium (Business Debit) (MasterCard/Visa)

50,000/-

SBI Visa Signature Debit Card

1,00,000/-


Purchase Protection Cover for Salary Package Accountholders: Purchase Protection Cover available to Cards issued to Salary Package Account Holders (all MasterCard/Maestro/VISA variants)


Debit Card Variant
Purchase Protection Cover (In Rs.)

Cards issued to Salary Package Account holders (all MasterCard/Maestro/VISA variants)

2,00,000/-


Add On Covers : In addition to the above Insurance Covers, below Add-on Covers are also available to the eligible Debit card variants, as a value added feature:

Details
Eligible Debit Card Variants
Maximum Covered Amount

Family Transportation & Transportation of Mortal Remains: If the Personal Accident Insurance claim is accepted as a valid claim,then the expenses incurred in transporting 2 immediate family members to the hospital, and the expenses incurred in transporting the mortal remains of the insured person from hospital to the residence, will be reimbursed, as an additional benefit

Gold (MasterCard/VISA)
YUVA (VISA)
Platinum (MasterCard/VISA)
Pride (MasterCard/VISA)
Premium (MasterCard/VISA)
Signature (VISA)

Rs.50,000/-

Checked-In Baggage Loss Cover : Checked-in Baggage Loss Cover for lost baggage during air travel (Domestic & International) in addition to the Cover available from the airline company, subject to a condition of the air ticket being purchased using the Debit Card.

Rs.25,000/-


Please refer to the detailed terms and conditions and claim process to know more:-

MasterCard/VISA Debit Cards (Select Variants)