Press Release
SBI Life Insurance launches “Dhana Vriddhi”
New Delhi, October 27, 2005: SBI Life Insurance Company Ltd., a joint venture between State Bank of India and Cardif SA, today announced the launch of “Dhana Vriddhi” – a unique Investment-cum-Protection Life Insurance policy that offers Guaranteed Additions of 5.75% on Sum Assured, compounded annually. The rate of return can range from 5.86% to 6.29% on Gross Single Premium depending upon the amount of Sum Assured. The plan is available for both Resident Indians and Non Resident Indians (NRIs).
In addition to Guaranteed Returns Dhana Vriddhi comes with a host of other interesting features that include Single Premium payment mode, no renewals or lapsation worries, attractive high value rebates for Sum Assured above 5 lakhs, no medicals and an increasing life cover with each passing year. For Resident Indians the premium paid under this plan is eligible for tax benefit Under Section 80(C) of the Income Tax Act. Also, Death Benefits are Tax Free.
Speaking on the occasion of the launch, Mr. S. Krishnamurthy, MD & CEO, SBI Life Insurance, said, “Dhana Vriddhi is specially designed to cater to those individuals who are looking for single premium products with high guaranteed additions. Unlike unit linked plans this product is not subject to market fluctuations and provides a stable return.”
Dhana Vriddhi is a non-participating Single Premium plan and is available for a fixed period of 5 years. This is an ideal plan for India Millennium Depositors who want to reinvest their redemption amounts. Dhana Vriddhi will be open for initial subscription upto December 15th, 2005.
Both Resident Indians and NRIs between the ages 13 – 70 years can avail the benefits of Dhana Vriddhi. The plan is available for a Sum Assured starting Rs 25,000 up to a maximum of Rs 10 crores (multiples of Rs. 1,000) for a fixed term of 5 years. The Guaranteed Maturity benefit at the end of 5 years is Rs 1322.52 for Rs 1000 Sum Assured.
Dhana Vriddhi has an attractive Surrender Value from the 6th month onwards which can be used to get a loan against the policy. The product is available with a 15-day free-look period. There are no riders available in this plan.
About SBI Life Insurance Company:
SBI Life Insurance is a joint venture between State Bank of India and Cardif SA of France. The company has an authorized capital of Rs 500 crores and a paid up capital of Rs 350 crores. SBI owns 74% of the total capital and Cardif the remaining 26%. The company announced triple digit growth in total premium income for the year ended March 31, 2005. The total premium income of the company stood at Rs. 601 crores for FY 2004-05, as against Rs. 225 crores recorded in the corresponding period last year.
SBI Life Insurance has pioneered Bancassurance in India. The company plans to extensively utilize the SBI Group as a platform for cross-selling life insurance products along with its numerous banking product packages such as housing loans, personal loans and credit cards. The Company has secured more than 3 million smiles.
For further information please contact:
Priya Ranjan Vaid/Sailaja Appala
Ogilvy Public Relations Worldwide, New Delhi
Tel.: 011-51344657 / 51344656
Mobile: 9818353735 / 9871093737
Revathi Pandit / Preksha Vittal
SBI Life Insurance
Tel.: 56392036 / 5639 2151
Mobile: 9820237909/98214 55394
Bali is full of memorable moments, and some of them involve animals. Temple monkeys tug at bags, beach dogs nap near sunbeds, and cats wander into cafés like they own the place. Most interactions are harmless, but a bite or scratch can change the day quickly, because you may need immediate medical care and follow-up treatment. This is where Bali travel insurance becomes more than a box to tick.
In this article, you will explore whether animal bite treatment is insured, the exclusions, and the steps to claim easily in Bali.
Why Animal Bites in Bali Need Special Attention
Bites are not only about the visible wound. Insurers and doctors both treat them as medical events that can pose an infection risk, especially when the bite breaks the skin.
A scratch that looks small in the moment can still lead to:
● A doctor’s examination and wound cleaning
● Medicines and dressings
● Follow-up consultations if the doctor advises observation or further care
From an insurance perspective, this matters because claims are usually assessed on medical necessity and documentation, not on how dramatic the injury appears in a photo.
How International Travel Insurance Looks at an Animal Bite
Most travel policies are built around emergency medical expenses for unexpected illness or accidental injury abroad. A bite or scratch usually fits the accidental injury bucket, but coverage is rarely blanket.
In many plans, the following may be considered if a doctor prescribes them and bills and medical notes support them:
● Consultation and outpatient treatment
● Emergency care and procedures, such as wound dressing or stitches, if clinically required
● Prescribed medicines and investigations
● Hospitalisation if the treating doctor confirms it is needed
Common Reasons Claims Get Reduced or Rejected
This is the part travellers often miss. Insurers usually do not deny claims because an animal was involved. Claims become difficult when the event looks avoidable, the reporting is delayed, or the paperwork is weak.
Avoidable-Risk Situations Insurers Scrutinise
Policies commonly exclude or limit claims linked to unsafe conduct or preventable exposure. For animal bites, scrutiny may increase if the incident appears connected to:
● Provoking, feeding, or trying to handle wild animals
● Ignoring warning signs at tourist spots
● Being intoxicated at the time of the incident
● Activities that a policy lists as excluded or restricted
The takeaway is simple: if your own description sounds like a risky choice rather than a sudden accident, the insurer may challenge it.
Delays, Missing Papers, and Policy Conditions
Even when your incident is genuinely accidental, claims can still stall due to basics such as:
● Not informing the insurer or assistance partner within the required time
● Missing itemised bills, prescriptions, or clinical notes
● No proof of travel dates or passport entry details when requested
● Submitting only pharmacy slips without a doctor’s consultation record
International travel insurance is paperwork-driven. If you document it well, you reduce the chance of avoidable back-and-forth.
What to Do If You Are Bitten or Scratched in Bali
Your health comes first, always. But a few sensible steps can protect your recovery and keep your insurance file clean.
Medical Steps That Help You and Your Claim
Act fast, stay calm, and get proper care before worrying about bills.
● Clean the wound promptly and seek medical care, even if it seems minor
● Follow the doctor’s advice, including follow-ups if recommended
● Avoid self-medicating in place of a clinical assessment, because insurers often ask for a doctor’s report
Claim Notes and Documents to Collect
Keep these handy; they’ll save time and avoid follow-up questions later.
● Doctor’s notes that mention the nature of injury, treatment given, and advised next steps
● Prescriptions and pharmacy invoices
● Itemised hospital or clinic bills
● A brief written note of where and when it happened, while it is still fresh in your mind
Final Word
Animal bites in Bali are not rare, and they are not always dramatic, which is exactly why travellers underestimate them. Many travel policies can cover bite-related medical treatment when it is accidental and medically necessary, but the outcome depends on your policy terms and the quality of your documentation. If you buy cover thoughtfully, keep the assistance number handy, and respond sensibly if an incident happens, you give yourself the best chance of both good medical care and a smoother claim experience.
