SBI Free Accidental Insurance: If you have an account with State Bank of India, the bank gives you a death insurance benefit of up to 20 lakhs free on the ATM card. You will get benefit according to which card you have.
SBI Free Accidental Insurance: You know that if you have a bank account with SBI, then you are getting Accidental Death Insurance worth millions. State Bank of India is providing Accidental Insurance up to 20 lakh free to its 40 crore account holders. If you are not aware of this, then we will give full information. SBI is providing free insurance cover to its customers on the basis of debit card. It has been named Complimentary insurance cover available on SBI Debit Card.
Here, a report of the World Bank has come, according to which India has one percent of the world’s vehicles, but the contribution of India in the road accident is 11 percent. Talking about SBI Free Insurance, there is a death insurance of up to 10 lakh in road accident and up to 20 lakh in air accident. How much benefit you get depends on which card you have. Keep in mind that during the 90 days before the date of the accident, the card must be used at least once on any channel like ATM / POS / e-commerce. With this it remains active.
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Know how much profit on which card
On SBI Gold (MasterCard / Visa), there is a death insurance of 2 lakh in road accident and 4 lakh in air accident. Similarly, 5 lakh and 10 lakh on SBI Platinum (MasterCard / Visa), 2 lakh and 4 lakh on SBI Pride (Business Debit) (MasterCard / Visa), 5 lakh and 10 on SBI Premium (Business Debit) (MasterCard / Visa) Lakh and 10 lakh in road accident on SBI Visa Signature / MasterCard Debit Card and 20 lakh on death in air accident. It is completely free.
This insurance is available for free on SBI ATM card.
One killed every four minutes
Talking about the World Bank Report, there are about four and a half lakh road accidents in India annually, in which one and a half lakh people die. There are 53 road accidents happening every hour in the country and one death occurs every four minutes. According to the report, 13 lakh people have died on Indian roads in the last decade and 50 lakh people have been injured besides these. When the road accident is so much, then it is obvious that more and more people need accidental insurance. . Although there are very few insured in our country.
5.96 lakh crore loss every year
The report said that due to road accidents in India, there is a loss of 5.96 lakh crore rupees, which is equal to 3.14 per cent of GDP. A recent study by the Ministry of Road Transport and Highways has estimated that road accidents in India cause social and economic losses of Rs 1,47,114 crore, which is equivalent to 0.77 per cent of GDP. According to the ministry, 76.2 percent of the victims of road accidents are those whose age is between 18 and 45 years. That is, these people are of working age group. Globally, road accidents are the eighth largest cause of death. According to a World Bank report, the rate of road accidents in low-income countries is three times higher than in high-income countries. According to the report, the data obtained from India further substantiate this conclusion.
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