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SBI’s arm launches Arogya Sanjeevani Health Insurance Policy

09 May 2020 Evaluate

State Bank of India’s (SBI) subsidiary -- SBI General Insurance has launched the standard health insurance policy – Arogya Sanjeevani Health Insurance Policy SBI General Insurance. The policy provides hospitalisation cover anywhere in India with sums insured ranging from Rs 1 lakh to Rs 5 lakh.

The introduction of Arogya Sanjeevani is a welcome development as this is a product which has been designed at the instance of Insurance Regulatory and Development Authority of India (IRDAI) with standard coverage and affordable premiums. Arogya Sanjeevani will cover the hospitalisation treatment cost of COVID-19 and will help in making affordable health care more accessible.

SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.

Peers
Company Name CMP
State Bank Of India 988.80
PNB 116.55
Bank Of Baroda 232.50
Canara Bank 123.20
Union Bank Of India 176.85
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