What’s Changing?
Starting July 15, 2025, SBI Card will no longer offer complimentary air accident insurance on its premium credit cards.
This update affects some of its most popular products, including:
- Elite
- Prime
- Aurum
- Pulse
- Miles Elite
- Miles Prime
What Was the Coverage Before?
Until now, these cards came with built-in personal air accident cover ranging from ₹50 lakh to ₹1 crore — a significant benefit for frequent travelers that offered financial protection in case of an air travel mishap.
Why the Change?
While SBI Card hasn’t publicly detailed the reason, this move reflects a broader trend of card issuers cutting back on insurance perks due to rising costs. Many banks are now asking customers to take separate insurance policies if they want similar coverage.
What Should You Do as a Cardholder?
- Check your current benefits: Log into the SBI Card app or website and review your card’s updated terms & conditions before the change takes effect.
- Assess your travel habits: If you fly often, this may be the right time to look into standalone travel or air accident insurance options.
- Consider other premium cards: If this was a key benefit for you, you may want to explore other premium credit cards that still offer complimentary travel insurance as part of their package.
This is a noticeable cutback by SBI Card. Losing complimentary air accident insurance takes away a valuable layer of safety that many of us took for granted. While other perks on these premium cards remain intact, frequent travelers may want to explore standalone insurance or alternative cards to make sure they stay protected.