Sbi general pai policy cancellation

We may cancel this Policy upon 15 days notice by sending a written notice of cancellation to Your address and We shall refund a rateable proportion of the premium actually paid in respect of any Insured Person.

Can we cancel SBI accident insurance policy?

As per the Insurance Regulatory and Development Authority, you can cancel a life insurance policy taken within 15 days. Given the same, you can cancel your SBI Life Insurance policy as well by filling in the FLC request letter form.

Can I cancel SBI life insurance policy online?

SBI has made it very easy to cancel SBI life insurance policy online. You can do this by logging on to the website and then going to the 'Cancel Policy' section. Or you have to contact the SBI life insurance company and convey your wish to cancel the policy.

What is SBI General Insurance Pai?

The plan covers death of the insured due to an accident, disability suffered due to an accident and also loss of income due to the accident which impairs the health of the insured individual. Additional add-on covers are available with the plan which includes Hospital Confinement Allowance and Ambulance Charges.

Is Pai in SBI mandatory?

Accidental Death cover is a compulsory cover; Permanent Total Disablement, Permanent Partial Disablement and Temporary Total Disablement are Optional covers available to the proposer.