SBI General Insurance ties-up with My TVS, India Assistance

MUMBAI: Private insurer SBI General today entered into a tie-up with My TVS and India Assistance to provide emergency roadside assistance to its policy holders anytime and for any car across the country.

"We plan to rapidly expand our motor insurance business in 2012. We hope that this tie-up coupled with a world-class technology platform and a passion for paying claims in the most efficient manner will add value to our overall customer offering," SBI General Insurance Managing Director and CEO R R Belle said in a release issued here.

This emergency roadside assistance cover will cost the policy-holders as little as 36 paise per day, besides offering them the widest such facility in the country.

This ensures 24 x 7 emergency road side assistance for any car, any time, across the country (except J&K and North Eastern states) covering over 1,600 locations in 20 states.

The tie-up will ensure that customers get hassle-free services like towing, attending flat tyre and battery jump start. The services can be availed even when the vehicle is down due to non-accidental reasons. This optional add-on cover is extended to vehicles as old as eight years.

SBI General Insurance aims to leverage the immense opportunity offered by the motor insurance segment.

The private insurance company is a joint venture between the State Bank of India and Insurance Australia Group (IAG), Australia's leading general insurance provider.