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 / Non-financial transaction) 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 Platinum (MasterCard/VISA)

5,00,000/-

10,00,000/-

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 : 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/-


Lost Card Liability : This policy covers unauthorized usage of Lost/Stolen Debit Card. 2 days pre reporting and 7 day post reporting (including the reporting day) claims are covered. PIN/OTP based transactions are not covered.


Debit Card Variant
Lost Card Liability Cover In Rs.

SBI Gold (MasterCard/Visa)

80,000/-

SBI Yuva (Visa)

80,000/-

SBI Platinum (MasterCard/Visa)

2,00,000/-

SBI Pride (Business Debit) (MasterCard/Visa)

80,000/-

SBI Premium (Business Debit) (MasterCard/Visa)

2,00,000/-

SBI Visa Signature Debit Card

4,00,000/-


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/-


Insurance Cover available on RuPay Debit Cards
Accidental Death or Permanent Total Disability only
Debit Card Variant and applicable Insurance Cover
Eligibility Criteria

SBI RuPay Platinum Debit Card: Rs.2,00,000/-

Minimum one successful Financial or Non-Financial Transaction at any channel both Intra and Inter Bank within 45 days prior to date of accident

All other SBI RuPay Debit Cards including Classic RuPay Debit Cards & RuPay Debit Cards issued under PMJDY: Rs.1,00,000/-

Minimum one successful Financial or Non-Financial Transaction at any channel both Intra and Inter Bank within 90 days prior to date of accident


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

MasterCard/VISA Debit Cards (Select Variants)


RuPay Debit Cards