A comprehensive Health Insurance package specially designed to offer complete protection to the insured and family.
You can cover your spouse, children (above 90 days) and dependent parents (Up to 60 years) from all Health worries. However renewal is accepted upto 70 yrs.
Age of the Primary insured person on first enrolment is to be less than 60 years.
With Health Shield you will also have access to value added services like cashless treatment (Subject to conditions and authorisations.) at a list of hospitals provided by us, a 24 hour helpline and ambulance referral facility at no additional cost. It has been designed to ensure that you and your family get the best medical treatment at any time when you need it.
This policy covers hospitalisation and domiciliary hospitalisation expenses incurred by the Insured (including family members) for illness / disease or accidental injury and shall include hospital charges (room & boarding and operation theatre), fees of surgeon, anesthetist, nurses, cost of medicine, oxygen, blood, cost of appliances like pacemaker, artificial limbs and cost of organs.
A Group Hospitalisation Policy is available to any Body Corporate / Association / Institution / Group constituted of more than 50 persons.
The policy covers individuals aged between 5 and 75 years. However, children aged between 3 months and 5 years can be covered if one or both parents are covered concurrently.
The policy covers
The policy covers hospitalisation and domiciliary hospitalisation expenses incurred by the employees/members (including family members) of the Insured for illness/disease or accidental injury and shall include hospital charges(room & boarding and operation theatre), fees of surgeon, anesthetist, nurses, cost of medicine, oxygen, blood, cost of appliances like pacemaker, artificial limbs and cost of organs.
Seeing your family in the pink of health ranks highest in priority for you. Yet, despite your best efforts, illnesses do occur. With the spiraling cost of health care, these unforeseen circumstances can take a toll on your savings. To ensure that you dont need to spend your hard earned money on treatment of any such illness; we have a Policy that offers you all the financial support that you need.
Lets know more about Health insurance. A healthinsurance is a policy that signs a contract between the customer and the insurance provider. The health insurance has to be purchased year after year and it is not sure that your insurance may be renewed and aslo the premium rates are also not fixed it may changed year after year. The customer who is buying a health insurance policy will have to make a deductible and a copayment.
The covered services - include the medical benefits that are listed in the package they could be treatment services, medicines and so on. When these costs are listed in the policy they are called "covered services". Go through the covred services offered by various insurance companies. The uncovered facilities should be bought additionally. Before taking a policy go through the various insurance policies that different companies are offering and their features. If possible approach a doctor who can guide you through. If that is also not possible the call up your insurance agent.
Health Guard policy from Bajaj Alliance
Bajaj Allianz's Health Guard Policy, protect you and your family in case you need expensive medical care. It also offers you cashless benefit & medical reimbursement for hospitalisation expenses.
The exlusive offers from Bajaj Alliance are :-
Cashless Facility : With Health Guard, the member has access to the cashless facility at various hospitals across India (Subject to exclusion and conditions)
The member can opt for hospitals besides the empanelled ones, in which case the expenses incurred by him shall be reimbursed within 14 working days from submission of all the document.
Pre and post - hospitalisation expenses : Covers relevant medical expenses incurred 60 days prior to and 90 days after hospitalisation.
Cumulative bonus of 5 % to your sum assured for every claims free year.
Family discount of 10 % is applicable.
Covers ambulance charges in an emergency subject to limit of 1000 Rs.
Health Check up for maximum amount of Rs. 1000 at the end of continuous four claim free year.
Income tax benefit on the premium paid as per section 80-D of the income Tax Act.
The Life Insurance plan covers the risks of four major illness like cancer, paralysis that makes one permanent disable, renal failure and heart disease resulting in a bypass surgery.
Now knowing more about the policy, during the term of the policy if the person suffers from any of the above mentioned illness the owner of the policy will have the following benefits.
50% of the sum is payed with immediate effect
The premium that falls due from the policy anniversary is waived after the date when the eligibility of the patients condition to the benefits is established.
Payment of an amount equal to 10% of the sum assured, every year commencing from the policy anniversary falling on or after the date of affliction and ending with the policy anniversary preceding the date of maturity or the date of death of the life assured, whichever is earlier
Payment of balance 50% of the sum assured and vested bonuses on the date of maturity or on death of life assured, whichever is earlier. The bonuses will be calculated on the full sum assured even though 50% of the sum assured would have been paid earlier.
A lien for a period of one year will be imposed on all policies under this plan. That is, if the life assured is afflicted by any of the four ailments mentioned above and its onset falls within a period of one year from the date of issue of first premium receipt, then the policyholder will not be eligible for additional benefits mentioned under sub-section (a) above.
If the life assured does not get afflicted by any of the diseases mentioned above, the full sum assured and vested bonuses will be paid on the date of maturity or on death of the life assured, whichever is earlier.
Besides offering cover for various travel related emergencies, Cholamandalam Travel Insurance also provides cashless hospitalization, treatment for accidents and illnesses during a visit abroad, covering people between 1-70 years.
Plan: You can either choose a Single Trip or Multiple Trip policy. If you choose a Single Trip policy, the cover will be valid for the duration of the trip, (as selected by you).
Durations available are
Upto 7 Days 8-14 Days 15-21 Days 22-28 Days
29-42 Days 43-56 Days 57-70 Days 71-80 Days
81-90 Days 91-120 Days 121-150 Days 151-180 Days
If you choose a Multiple Trip policy, the cover will be valid for one year from the start date of the policy. The maximum duration per trip under this option can be either 30 days or 45 days (as selected by you). Cover: Cholamandalam's Travel Health Insurance policy comes in 3 plans
Special features are :
Cash-free cover for Medical expenses and dental treatment. In case of out-patient medical expenses, cash-free facility is extended where the amount payable exceeds USD 400 only.
Medical Repatriation: In the event of a medical emergency where circumstances prevent you from being treated for your condition abroad, the policy provides cover for bringing you back to a hospital in your native place or a hospital nearest to it.
Now insurance companies are are offering financial independence against illness and accidents with their unique tailor made policies. So far critical illness and accidental deaths and loss of income were being covered in the form of riders that had to be taken along with life insurance policies. As the new diseases are being diagnosed day by day and the eating and living habits are getting different from ever risk concerns at any time of the life. stats say that the life expectancy climbs up to 67 years from a mere 36.7 years in 1951. Indian is racing forward in other critical illness like Cancer, diabetes and cardiac problems.
When a family member undergoes a disease like cancer or a stroke, the shock comes along with the loss of income and the rise in expenses associated with the treatment. With the medical advancement chances of getting cured are high, but very few people in India are covered against such hazards like the mediclaim to claim for reimbursement.
ICICI prudential, Bajaj Allianz and HDFC standard life offer stand alone policies which cover critical illness but also provides financial support from the time the disease has been diagnosed. for example take the Bajaj Allianz health care policy, it is a 3 year health insurance plan where comprehensive health cover with life insurance benefit. If the policy if for 12 lakhs, then you can choose the amount you would like to have for hospitalization expenses, surgery etc. The plan is flexible to the extent tht the customer can choose the amount of the cover of each benefit separately in multiples of the minimum cover. Critical illness benefit can only reclaimed if the illness is diagnosed 180 days after the date of commencement or reinstatement of the policy. This policy covers 11 critical illness like the heart attack, coronary artery requiring surgery, cancer, kidney failure, organ transplantation, multiple sclerosis, aorta graft surgery, Alzheimer's disease, primary pulmonary arterial hypertension and paralysis.
The ICICI has launches the Cancer care policy. This policy seeks to provide financial support right from the time cancer is detected as the treatment cost is quite high. In the early stages, the company pays 10 percent of the sum assured and the insurer pays 65 percent at the advanced stage. Cancer care is a standalone health cover which can be taken along with the life insurance cover.
Lets take a look at a few health covers with their terms
Health care from Bajaj Alliance
critical illness cover of Rs 50,000. another Rs 50,000 payable on total disability and Rs 25,000 on partial disability.
premium - Rs 1,010 to Rs 2,704 depending on the age.
Term - 3 years
Health Assure from ICICI Prudential Life Insurance
The policy covers cancer, heart disease, stroke, bypass, kidney failure, organ transplant.
Premium - Between Rs 4,505 and Rs 7,740 depending on age
term - 10 to 30 years
Cancer care from ICICI prudential Life Insurance
The policy offers maximum coverage of rs 10 lakhs for most forms of cancer.
Premium - RS 2,918 TO RS 10,170 depending on age and coverage
Term - 10 TO 70 years
Term assurance plans from HDFC Standard life
The plan protects the family's economic future in case of the demise of the head of the family.
premium - rs 27,670 for 15 years Rs 5,970 for 25 years depending on the policy holders age