Whoever said wishes don’t come true hasn’t explored our offers!
  • SBI Home Insurance

     4.0 / 5.0   by 7 users
    Used this product? Write a review >>

    Policy Coverage

    Customer Service

    Plan Options

    Claim Experience

    Buying a house and building a home out of it not just requires a huge amount of financial investment, but it also entails a high level of emotional involvement. As your house is one of your most valuable assets, it deserves the best possible protection and care from various unforeseen circumstances. It is really important to choose an all-encompassing home insurance policy for the same.

    Overview of SBI General Home Insurance

    A joint venture between the State Bank of India and Insurance Australia Group (IAG), SBI general has a widespread network and established presence in almost 14,000 Branches of State Bank of India. Currently, the organisation boasts of a branches across 56 Indian cities. SBI general serves three major customer segments; Corporate segment, Retail segment and SME segment. SBI General offers Motor, Health, Travel, Personal Accident & Home Insurance for individuals, amongst the many other products and services provided.

    SBI General understands how important your house is to you and as a proud owner of your dream home, you desire the best insurance cover for it. The comprehensive and innovative home insurance policy offered by the company makes it easier for you to protect your house. With SBI General's Long Term Home Insurance Policy, you can bask in the glory of the home you have just acquired and enjoy a stress-free stay.

    Features and Benefits

    • Provides in-built coverage against earthquakes
    • The policy tenure ranges from a minimum of 3 years to a maximum period of 30 years
    • Provides coverage against any loss or damage to your house as a result of manmade or natural calamities
    • By paying an additional amount on your policy, you can opt for coverage against loss/damage caused by terrorist activities
    • The rate of premium depends on the location and tenure of the home insurance policy

    Coverage Provided

    The policy provides coverage against the following –

    • Natural calamities like earthquake, tempest, storm, hurricane, flood, landslide etc.
    • Fire, lightening, inundation, explosion (excluding boilers and pressure vessels), etc.
    • Loss/damage caused due to man-made calamities like riots, strikes, malicious activities, etc.
    • With an additional payment, one can also opt for Terrorism Cover
    • Covers your house against impact damage, missile testing operations, bursting of water tanks, pipes and other apparatus

    Frequently Asked Questions (FAQs)

    1. What are the major exclusions under the SBI General Long Term Home Insurance policy?

      The major exclusions under this policy are as follows –

      • Theft occurred during/after operation of peril
      • Volcanoes or other natural convulsions
      • Burning of property by Public Authority
      • Mechanical and electrical breakdown
      • Acts of gross negligence
      • Forest Fire
      • Explosion of boilers, damage caused by centrifugal forces
      • Loss/damage of unspecified currency, documents, cheques, etc.
    2. What is the tenure range of SBI General Long Term HI policy?

      SBI General offers a wide range of tenure for its Long Term Home Insurance policy. It ranges from a minimum of 3 years to 30 years.

    3. Can I apply for SBI General Long Term Home Insurance policy, online?

      You can download the form for the same from SBI General’s official website. After filling the form duly, please submit it at the nearest SBI General branch.

    4. How do I avail the Terrorism Cover?

      By paying an extra amount, you can buy the Terrorism Cover for your home.

    5. What does the Terrorism Cover do?

      The Terrorism Cover protects your house against any loss/damage caused by terrorist activities. For further details on this, please contact the nearest SBI General branch.

    Related Home Insurance Articles

    SBI Home Insurance Reviews

  • Page 1 of 1
    • review Home Insurance
      "Average..."
      0.5 2.0/5 "Expected more"
      Along with my Home loan I have taken an Home insurance. Last 2weeks back I took it from SBI general insurance. Emi amount was 2000rs per month. Its 20 years plan. I am unhappy with them in terms of service part. They did not provide clear details to me.
      Was this review helpful? 13
      , coimbatore
      Reviewed on Mar 01, 2016
    • review Home Insurance
      "SBI General Insurance"
      0.5 3.0/5 "Satisfactory"
      I availed for SBI home insurance because of the features it possess and it may be useful down the line. It can be availed as one time payment for entire tenure or partial payment can be done and subsequently it can be renewed for rest of the tenure.
      Was this review helpful? 12
      , mumbai
      Reviewed on Nov 27, 2015
    • review Home Insurance
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I got the home insurance with the State Bank of India General Insurance.Its the single shot of payment that was take from the home loan. It came while getting the loan with the bank. This insurance will be valid for 20 years.
      Was this review helpful? 20
      , hyderabad
      Reviewed on Sep 26, 2015
    • review Home Insurance
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I got the home insurance with the State Bank of India General Insurance.Its the single shot payment of 30000 Rupees and am happy with them.The services are best with them.It came as combo offer while getting the loan with the State bank of Hyderabad.This insurance will be valid for 20 years.
      Was this review helpful? 7
      , vadodara
      Reviewed on Jul 16, 2015
    • review Home Insurance
      "Good"
      0.5 4.0/5 "Great!"
      I am having my home insurance with SBI. It came along with with my home loan. I am not sure about the benefits of it as I felt having the insurance was a real good option, and it will be directly taken care by SBI.
      Was this review helpful? 6
      , chennai
      Reviewed on Jul 07, 2015
    • review Home Insurance
      "Good"
      0.5 4.0/5 "Great!"
      I am having the home insurance with SBI general insurance.Its the mandatory one while taking the home loan with SBI.I took it before an year .I am not bothering about that insurance because everything was carried by the banking persons and and its been calculated with emi.
      Was this review helpful? 5
      , bangalore
      Reviewed on May 21, 2015
    • review Home Insurance
      "Good"
      0.5 3.0/5 "Satisfactory"
      I am having my home insurance with SBI while taking the home loan as it is optional.There is one shot payment of Rs 65000/year.I donâ??t bother about the insurance because it can be directly taken care by my SBI bank.Having the insurance is really a good one.
      Was this review helpful? 6
      , mumbai
      Reviewed on Apr 30, 2015
    Common Loader Icon
    Page 1 of 1
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.