_MESSAGE FROM SBI RETIREE_ TO OTHER BANK RETIREES*
COMPARISION OF HEALTH INS PREMIUM OF
SBI vs IBA (OTHER BANKS RETIREES)
FCPremium of insurance policy under IBA ( OTHER BANKS THAN SBI ) is very high is Rs 44524 for 4 lacs sum assured.
It is very very high .
Where as , me is a SBI RETIREE.. Our bank has a exclusive tie up arrangement for Health Plan for retiree with
SBI GENERAL.
Our premium is Rs 19520 only for 3+6( STU) =9 lac sum assured for all categories, it is a Family floater &without domicilliary. Since 16.1.2020. it will run for 3 years without any change in premium, what ever may the claim ratio.
Yes it appears, it is all under- hand tie up of IBA + others?? with insurance Co.
They people are looting other banks retirees.
Your pensioner association must interveen in it. may be through courts even.
Why can't they tie up with SBI GENERAL for this policy. on the similar t& c.
1.Besides this our SBI ( under staff welfare measures) is giving 50% subsidy on the premium amount( without GST ) to all retirees of +70 years of age & to family pensioner ( irrespective of their age. )
2. *Almost free ( ie at 85% discount )online purchase of medicine upto 18000 to each policy holders.* 18000 to each policy holders.
3. Dental treatment ( RCT ) upto 7500 PA
*PSU BANKS LEADERS MUST THINK ON IT ( with the exception of UFBU)*
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Check details about SBI Clerk notification
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