LIC-JEEVAN ANKUR

CPFA

CPFA

Invest for Long Term

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ICICI Pru Pinnacle Super is a unit linked insurance plan that offers you multiple choices on how to invest your savings.

Bajaj Allianz Family Floater Health Guard

Family Floater Health Guard

 

Do you know why Health Insurance is so important?

1. Increasingly people are being treated for rare non-communicative diseases like, CVDs due to rapid changes in lifestyle. Almost 70% of population under 40 years of age is susceptible to major illnesses that require hospitalization.
   
   
2. Medical inflation is increasing by 15-20 % year on year. Cost of a single hospitalization due to a heart condition can take away a couple of lacs from the patient's hard-earned savings. Eg.
   Expenses for coronary bypass surgery in 2008 were around 1.5 lac; today it costs around 3 lac.
   
3. Uninsured people tend to delay getting hospitalized, end-up with more complications and may shell out more money for the treatment. On the other hand, people who are insured get hospitalized immediately when required and save hard-earned money as well as get treated sooner.
   

 

Product Description

A floater policy considers a family as a single unit and insures it as a whole. So, each member doesn't get a separate policy. Each family member is covered for the sum insured chosen under a single policy. For example, in case the family chooses 2 lac SI then each member can take benefit upto 2 lac and the SI gets reduced for all by the amount of claim paid. The major benefit of the policy is affordability; compare the cost of an individual cover of 2lac as against a floater for the whole family for same SI.

 

Covers:

Hospitalization Medical Expenses (Min 24 hrs)

1. Pre (60 days) & Post (90 days) Hospitalization
   
2. 130 Day Care Procedures
   
3. Waiver for pre-existing diseases Reimbursement of pre policy check up
   
4. Income tax benefit U / S 80D
   

 

Age Eligibility

Age Eligibility –     90 days to 55 yrs        56 yrs to 65 yrs (Fresh cases)

SI slab    -         1. 5 lakh to 10 lakhs    1. 5 lakh to 5 lakhs

Business Process –     Age proof above age 45 yrs, clean proposal form and premium in cheque

USP's

1. Cashless facility with over 2700 network hospitals
   
2. No sub-limits on room charges or other treatment expenses
   
3. Cumulative bonus
   
4. In-house claim settlement through HAT. ( No TPA)
   

Exclusion

1. Pre-existing diseases/injuries.
   
2. Disease contracted during first 30 days of policy.
   
3. Diseases such as hernia, piles, cataract, sinusitis – waiting period of 2 years. (In case of cataract claim, sub-limit of 10% of SI or Rs. 35,000/-)
   
4. Non-allopathic medicine.
   
5. Congenital diseases (external)
   
6. AIDS/related diseases.
   
7. Pregnancy /Childbirth & related Treatment
   
8. Dental Treatments except due to Accidents.
   
9. Cosmetic, aesthetic or related treatment.
   
10. Intoxicating drugs, alcohol.
    
11. Joint replacement surgery (other than due to accidents) shall have a waiting period of 4 years