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) 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 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)
SBI Platinum (MasterCard/VISA)
SBI Pride (Business Debit) MasterCard/VISA)
SBI Premium (Business Debit) MasterCard/VISA)
SBI VISA Signature/MasterCard Debit Card
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)
SBI Platinum (MasterCard/Visa)
SBI Pride (Business Debit)(MasterCard/Visa)
SBI Premium (Business Debit)(MasterCard/Visa)
SBI Visa Signature Debit Card
Purchase Protection Cover for Salary Package Accountholders: Purchase Protection Cover available to Cards issued to Salary Package Account Holders (all MasterCard/VISA variants)
Debit Card Variant
Purchase Protection Cover (In Rs.)
Cards issued to Salary Package Account holders (all MasterCard/VISA variants)
The above cover will be available to only one Card per account, in case of multiple cards issued to a single account.
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:
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) Platinum (MasterCard/VISA) Pride (MasterCard/VISA) Premium (MasterCard/VISA) Signature (VISA)/World(MasterCard)
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
Personal Accident Insurance cover is also being offered by National Payments Corporation of India (NPCI) to SBI RuPay Debit Cardholders as below
Insurance Cover (offered by NPCI on RuPay Debit Cards)
- Accidental Death or Permanent Total Disability only
Debit Card Variant and applicable Insurance Cove
SBI RuPay Platinum Debit Card: Rs.2,00,000/-
Minimum one successful Financial Transaction at any channel both Intra and Inter Bank within 45 days prior to date of accident
Other SBI RuPay Debit Cards
PMJDY SBI Debit Cards issued till 28-Aug-18: Rs.1,00,000/-
PMJDY SBI Debit Cards issued after 28-Aug-18: Rs.2,00,000/-
Minimum one successful Financial or Non-Financial Transaction at any channel both Intra and Inter Bank within 90 days prior to date of accident
The details of the current policy (FY 2020-21) offered by NPCI, including the eligibility criteria and the claim process, are provided below. The latest and detailed information about the above policies on RuPay Debit Cards including the eligibility and claim process, may be accessed from www.npci.org.in. Please refer the below attachment to know more about the claim process.