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SB Insurance

 

The details for Group Personal Accidental Death Insurance Cover under various schemes are as under :-

Type of Savings Bank Product! Segment

Amount of Sum Insured

Diamond Customers (Individual SB Diamond Accounts only)

Rs.5.00 Lacs

Star Senior Citizen Saving Bank Account - SB 166

Rs.5.00 Lacs

Jai Jawan Salary Plus Account Scheme - SB 161 & 162

Rs.10.00 Lacs

Star Mahila SB Account - SB 167

Rs.5.00 Lacs

Star Gurukul Salary Account - SB 163 (Special charge code - GURU)

Rs.5.00 Lacs

SB Pensioners under scheme code SB-121

Rs.5.00 Lacs

BOI Saral Salary Account Scheme - SB 165

Rs.1.00 Lacs

Star Ratnakar 8achat Salary Account - SB 164

Rs.2.00 Lacs

Pension Aadhar Card

Rs.1.00 Lacs

Star Suraksha SB & Star Suraksha SB Plus Account

Rs.0.50 Lacs

BOI Star Yuva SB Accounts (up to 21 Years)

Rs.0.50 Lacs

BOI Star Yuva SB Accounts ( 21 years & above)

Rs.5.00 Lacs

BOI Salary Plus Account - SB 163

 

Para Military Forces (Spl. Charge Code 0201)

Rs. 10 Lacs

State & Central Govt. employees (Spl. Charge Code 0202)

Rs. 10 Lacs

Employees of Public sector Undertakings (Spl. Charge Code 0203)

Rs. 10 Lacs

Private Sector Employees (Spl. Charge Code 0204)

Rs. 5 Lacs

To claim for settlement of Insurance cover under the Group Personal Accidental Death Insurance Policy, the customer has to submit -

-Duly filled claim form, Medical Certificate along with the following documents (in original or certified true copies) :

  1. Claim Form
  2. Original First and Final police report.
  3. Original inquest panchnama.
  4. Certified copy of post-mortem report.
  5. Name of nominee.
  6. Confirmations from branch confirming above account holder particulars are declared for Personal accident cover.
  7. Certified copy of pass book along with date of opening of account
  8. Death Certificate.