Easy Ways To Pay Premium For Health Insurance Plans Offered By SBI General Insurance

The State Bank Of India or SBI is the oldest and a reputed banking organisation in India. Popularly referred to as ‘The Banker To Every Indian’, SBI offers comprehensive general and health insurance plans for all Indian citizens, irrespective of their financial capacities. In terms of medical insurance, it covers all costs such as pre and post hospitalisation charges, day care procedures and transportation charges. What is more, the rate of premium is affordable and comes with a flexible premium paying term for maximum convenience of the policyholder. To know how you can pay the premium for health insurance offered by SBI General Insurance, read on.

Easy Ways To Pay Premium For Health Insurance Plans Offered By SBI General Insurance

Paying the premium for health insurance plans offered by SBI General Insurance is easy. It can be done in both online and offline mode and the following points enumerate how you can do it yourself.

• SBI Premium Payment Online Mode

Digital banking has become an important part of our lives that enables us to pay our financial commitments at the click of a button. To pay your premiums online, simply follow the instructions below -

Step 1: Visit the official website of SBI General Insurance at www.sbigeneral.in
Step 2: Log in to your SBI net banking account
Step 3: Click on ‘Bill Payments’
Step 4: Select the ‘SBI General Premium’ link
Step 5: Fill in your details such as your name, address, contact number, email and policy number
Step 6: Click on submit and use your credit, debit or net banking ID to pay the premium amount

Alternatively, nowadays you can also make use of the different e-wallets to pay your premiums for SBI General Health Insurance Policies, such as Paytm or Google Pay. To pay via these outlets, you need to -

Step 1: Download the e-wallet app on your Android or Apple smartphone
Step 2: Register yourself by following the instructions after installing the apps
Step 3: Click on ‘More’ and select ‘Insurance Premium’ option
Step 4: Select ‘SBI General Insurance Limited’ on the ‘Select Your Insurer’ Tab
Step 5: Enter your policy type
Step 6: Click on ‘Proceed to Pay’ to complete your payment using the e-wallet

• SBI Premium Payment Offline Mode

If you are not comfortable with paying your premiums online, you can always pay it in the good old offline mode. To make your premium payments, you need to visit the nearest branch of SBI and pay your premium in cash.

Take Away

These are the different online and offline methods that you can use to easily pay your premiums for health insurance offered by SBI General Insurance. The premium rates for different policies under SBI vary and you should always remember to pay your premiums on time to prevent your policy from lapsing. Furthermore, if you fail to renew your policy before a month of its expiry date, the policy along with its benefits will all cease to operate. Hence, you must be mindful about this aspect while buying a health insurance policy from SBI. Hopefully, the steps outlined above will aid you in paying your premiums on time, without much hassle.

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.