It’s a Health Insurance Policy, mandated by the (IRDAI) to remove ambiguity in different products by different insurance companies and bring in uniformity in features and structure
Title |
Description |
Ambulance Expenses |
Expenses incurred on road Ambulance subject to a maximum of Rs.2000/- per hospitalization. |
Co-Payment |
5% co pay on all claims |
Day Care Procedure Coverage |
All the day care treatments covered |
ICU Daily Rent Limit |
Up to 5% of sum insured subject to maximum of Rs. 10,000/- per day. |
Minimum Hospitalization Period |
24 hours |
No Claim Bonus |
5% in respect of each claim free policy year,subject to maximum of 50%. In case of claim the cumulative bonus accrued shall be reduced at the same rate at which it has accrued. |
Non-Allopathic Treatments |
The Company shall indemnify medical expenses incurred for inpatient care treatment Under Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy system of medicines |
Nursing Allowance |
Up to 2%of the sum insured subject to maximum of Rs.5000/- per day. |
Post Hospitalization Expenses |
60 days |
Pre-Existing Disease / Illness coverage |
Pre existing disease shall be covered after a waiting period of 4 years |
Pre-Hospitalization Expenses |
30 days |
Room Rent Limit |
Up to 2%of the sum insured subject to maximum of Rs.5000/- per day. |
Waiting Period for New Policy |
30 days |