SBI General Bike Insurance
SBI General Insurance Limited is one of the most renowned names in the insurance sector of India. It is a government-owned corporation founded in the year 2001. In 2010 State Bank of India and Insurance Australia Group decided to collaborate and become an insurance provider. The coming together of two big businesses to provide one service has added value in the field of bike insurance and other insurance products as well. All the business operations were running well in the company. In the year 2018, it decided to sell 30% of its stakes. Now 26% of its stakes lie with IAG and the rest 4% lies with Axis Assets Management Co.
The company works in various dimensions of insurance such as Life Insurance, Health Insurance, Bike Insurance, etc. It is offering both car and bike insurance to the customers. Along with that, it has stepped into various other forms of business-like strategic tie ups in Pension Funds, Custodial Services, Mobile Banking, Private Equity, Point of Sale Merchant Acquisition, Structured Products, Advisory Services, etc. With each service of insurance like bike insurance, car insurance, health insurance, etc, the company is increasing its network. It has successfully created a wide customer base.
The SBI General Insurance has now spread its operations related to bike insurance and other services in every corner of the country. It has around 17,274 branches in approx 77 cities of India. It has also set up around 10 branches in rural areas. It has also received iAAA rating for providing the highest claim settlement. It is growing at a fast pace with a mission to provide simple and innovative bike insurance and other insurance solutions, solve all their queries and build a sustainable business for the future.
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SBI Two Wheeler Insurance FAQs
How can I apply for the SBI Two Wheeler Insurance plan?
Two wheeler owners can get SBI Two Wheeler Insurance through various channels such as:
- By calling their helpline number 1800 102 1111 or writing email their customer service to get the required assistance.
- By visiting the official website. All you need to do is click on the ‘Buy Online’ tab available on the official website.
What are the key features of SBI General Two Wheeler Insurance?
There are several features offered by SBI General Two Wheeler Insurance such as:
- Customized pricing model according to the customer’s convenience.
- Additional discounts for uninterrupted vehicle insurance.
- Quick claim settlement with a featured ratio of 88.76% in FY18.
How can I check the status of my policy?
You can check the status of your policy by making an online registration. You can simply log in to the website using your username and password to check the status.
Does it have a provision for No Claim Bonus?
Yes, SBI General Insurance does offer No Claim Bonus to its policyholders if they have not made any claim during the whole policy period. They can get a discount of up to 50% on own-damage premium.
How many cashless garages does SBI Insurance have?
SBI Insurance has a network of more than 16,000 garages all over the nation. The customers can go there to get cashless repair and replacement services.
Why Choose Bike Insurance from InsuranceDekho?
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