General Insurance 538 views December 28, 2020

Tata AIG General Insurance offers a wide range of insurance products such as Health Insurance, Car Insurance, Bike Insurance and Travel Insurance. According to the annual report of IRDAI 2018-19, Tata AIG General Insurance claim settlement ratio is 85.99%. The company secures you financially in case you meet any health issues, car or bike accidents, etc. We will elaborate on these insurance products here for you to take note of. Let’s read!

Tata AIG General Insurance Policies

Health Insurance

In our day to day hustle, we forget about our health and it’s not good for us as it can cause a severe issue going forward. So to get financially secured from that, choose any of the following Tata AIG Health Insurance policies.

Tata AIG MediCare | Premier | Protect

A simple health insurance that offers coverage for – covid treatment, cashless hospitalization, no room rent capping, restore benefits, in-patient treatment, cumulative bonus, etc. Under Tata AIG MediCare health insurance, you can choose from three plans – Tata AIG MediCare, Tata AIG MediCare Protect, and Tata AIG MediCare Premier.

  1. Tata AIG MediCare – For amazing benefits at an affordable price, choose this plan where you will get benefits like a global cover, coverage for bariatric surgery, etc. You can get multiple sum insured options under Tata AIG MediCare ranging from INR 3 lakhs to INR 20 lakhs.
  2. Tata AIG MediCare Premier – With this policy, get all-rounded safety for you and your family and unlock additional coverages like high-end diagnostic, OPD dental treatment, air ambulance, etc. Tata AIG MediCare Premier policy sum insured options range from INR 5 lakhs to INR 50 lakhs.
  3. Tata AIG MediCare Protect – A policy for those who need a plan for basic coverage like pre-and post-hospitalization expenses.

Wellsurance Executive Policy

A Health Insurance that protects you all-round with zero stress and 100% gain. This Tata AIG Health Insurance Policy covers hospitalization, post-hospitalization, post-operative physiotherapy, chemotherapy, kidney dialysis, free health line, health portal, health query, discounted services on health and wellness and e-newsletters.

And to secure you in every possible way, the policy has special features:

  1. Critical Illness Benefits: Lump Sum payment shall be provided if the insured person is diagnosed with a specified critical illness.
  2. Major surgical Benefit: A lump sum for specific major surgery will be payable
  3. Minor Surgical Benefit: A lump sum for specific minor surgery will be payable
  4. In-Hospital Benefit for Accidents: Daily cash benefit for each day you are hospitalized as an inpatient in a hospital within the Republic of India due to injury or accident.
  5. In-Hospital Benefit for Sickness: Daily cash benefit for each day you are hospitalized as an inpatient in a hospital within the Republic of India due to illness, disease or sickness.
  6. Convalescence Benefit: A lump sum will be payable for recovery at home, following your date of discharge from the hospital. The benefit is subject to a minimum hospitalization period of five consecutive nights.
  7. Ambulance Benefits: Cover medical transportation fees and services.

Wellsurance Family Policy

A single policy where you, your spouse, your child and your parent’s medical expenses will be covered. Wellsurance Family Policy will cover ICU fees, hospitalization expenses, ambulance fees, free health line, health portal, health query, discounted services on health and wellness and e-newsletters.

To make the policy stronger, Tata AIG General Insurance offers the following features.

  1. Critical Illness Benefits: You will get a lump sum amount when you are diagnosed with a specified critical illness during the policy term.
  2. In-Hospital Benefit for Accidents: The company pays a daily benefit for each day of hospitalization due to injury or accident.
  3. In-Hospital Benefit for Sickness: When the insured person is suffering from an illness. disease/sickness, the company will pay a daily benefit for each day of hospitalization. And this benefit is subject to a deductible as per your policy schedule and a 90-day waiting period will apply to it.
  4. Convalescence Benefits: If your inpatient hospitalization is for 5 consecutive nights, the company will pay a lump sum for recovery at home post the discharge.
  5. Education Benefit: Your sum insured becomes payable to your family when you meet with accidental death or permanent total disability.

Wellsurance Woman Policy

Women have worked hard to achieve financial status in society and Tata AIG General Insurance respects that, which is why it has introduced the Wellsurance Woman Policy that gives women financial protection against health risks. It comes with superb features like an ambulance cover, ICU cover for 15 days, coverage for cosmetic reconstruction surgery, and benefits that are as follows:

  1. Critical Illness Benefits
  2. In-Hospital Benefit for Accidents
  3. In-Hospital Benefit for Sickness
  4. Intensive Care Unit Benefit
  5. & Convalescence Benefits

Critical Illness

The Critical Illness Tata AIG Health Insurance covers any of the following illnesses when it is diagnosed:

  1. First Heart Attack – of specified severity
  2. Cancer of specified severity
  3. Stroke resulting in Permanent Symptoms
  4. Open Chest CABG
  5. Kidney Failure Requiring Regular Dialysis
  6. Major Organ / Bone Marrow Transplant
  7. Total Blindness
  8. Coma of specified severity
  9. Major Burns
  10. Multiple Sclerosis with persisting symptoms
  11. Permanent Paralysis of Limbs

Features of Critical Illness plan:

  1. The entire coverage amount will be paid in a lump-sum.
  2. Second opinion
  3. Enhance your sum assured anytime during the term
  4. Port your policy and draw benefits
  5. Save on your tax
  6. Premium amount increases with age

Top-up Medical Health Insurance Plan

Get extra coverage with Mediplus Top-Up Plan as it protects you & your family financially against unforeseen medical situations. This policy has features like:

  1. Coverage for up to 140-daycare procedures
  2. Dental coverage
  3. Hassle-free claim process
  4. Ambulance charges coverage of up to INR 2,000
  5. Access to over 3,000 network hospitals
  6. Covers everyone from a 91-day-old baby to a 65-year old person
  7. 10% discount on the premium if you cover two or more family members
  8. Cover for up to seven people
  9. In-patient treatment cover
  10. Organ transplant expenses
  11. Pre- and post-hospitalization medical expenses incurred 60 days prior and up to 90 days after hospitalization.
  12. Domiciliary treatments
  13. MediSenior

MediSenior – A Senior Citizen Health Insurance Plan that offers benefits such as:

  1. A wide network of over 3,000+ hospitals
  2. 7.5% discount on your policy premium if you pre-pay the premium for two years
  3. 5% family discount if two family members are covered
  4. Organ donation expenses
  5. In-patient treatment
  6. Treatment at home expenses
  7. Pre-hospitalisation and post-hospitalization expenses up to 30 days before hospitalization and up to 60 days post hospitalization
  8. Daycare procedures
  9. Ambulance charges up to INR 2,000 per hospitalization
  10. Renew your MediSenior policy for lifelong
  11. Increase your sum assured

MediRaksha

Is the rising medical cost bringing you down? Secure yourself And your family with MediRaksha Policy. It works as a shield that protects you and your family financially against life’s uncertainties. With this, you will get:

  1. More coverage
  2. Greater security
  3. Hassle-free medical tests
  4. In-patient treatment
  5. Organ donor expenses
  6. Daycare procedures expenses
  7. Prepay Discount
  8. Couple’s insurance

MediCare Plus

A health insurance top-up plan that comes with affordable in-built features like.

  1. Indemnity based health insurance cover
  2. No sub-limit unless mentioned in the policy document
  3. 4000+ network hospitals
  4. Lifelong renewal facility
  5. An optional Global Cover
  6. Expenses for consumables
  7. Cumulative bonus of 50% for every claim-free year
  8. Tax benefits under Section 80D of the Income Tax Act
  9. Aggregate deductible

Arogya Sanjeevani Health Insurance

The key features of Arogya Sanjeevani Health Insurance are indemnity-based health insurance, a network of hospitals of 4000+ across India, lifelong renewal, sum insured increased by 5% in respect of each claim-free policy year, and different mode of premium payment like Yearly, Half-yearly, Quarterly, Monthly.

Corporate Health Insurance

Corporate employees need health insurance cover as they work day and night. And if an employer provides health insurance to its employees, it gives it an added advantage of being able to employ and retain the best in the business. Taking care of that, Tata AIG General Insurance offers coverage for employee’s health insurance at a low and affordable price.

There are two types of Tata AIG Corporate Health Insurance Policies:

Group Personal Accident – Under this, coverage for Accidental Death, Permanent Total Disability, Permanent Partial Disability, loss of pay temporarily due to an accident, reimbursement of OPD and Inpatient expenses will be there.

Group MultiGuard Personal Accident – Tata AIG General Insurance pays for the following expenses if they happen during the policy term only.

  1. Accidental Death and Dismemberment covered up to INR 500,000.
  2. Accidental Death & Dismemberment Common Carrier covered up to INR 10,00,000.
  3. Accidental Death & Dismemberment Natural Disaster covered up to INR 15,00,000.
  4. Accident Medical Expenses up to INR 5,000.
  5. Permanent Total Loss of Use Plus Permanent Total Disability covered up to INR 5,00,000.
  6. Accident Hospital Cash Benefit up to INR 1 000/ (Maximum up to 30 days)
  7. Repatriation of Remains expenses up to INR. 5000.

Motor Insurance

Motor insurance earlier was a matter of choice for you! But now, it is mandatory to have a motor insurance policy. With Tata AIG Motor Insurance, you can get the perfect cover against financial liabilities due to unforeseen damages with the vehicle. Whether you need new insurance, two-wheeler insurance or four-wheeler insurance, the Tata AIG expert assistance will help you get the perfect policy for your vehicle. Check the following Tata AIG motor insurance policies.

  1. Car Insurance – 7500+ Network Garages, Accidental Damage & Theft Cover, Zero Depreciation Cover and Get Policy Approval In three Easy Steps.
  2. Bike Insurance – Transparent, Quick and Easy Procedure for Claim, No Hidden Conditions or Illegible fine print. Pre-declared Depreciation Slabs, Comprehensive, Third Party and Own Damage Bike Insurance
  3. Business Motor Insurance – Loss or Damage to the Vehicle, Liability to Third-Parties and Personal Accident Cover for Owner/Driver.
  4. Long Term Two Wheeler Package Policy – Loss or Damage to the vehicle insured by fire explosion self-ignition, lightning, burglary housebreaking, theft, riot, strike, earthquake, flood, typhoon, hurricane, storm, tempest inundation cyclone, hailstorm frost, accidental external means, malicious act, terrorist activity, whilst in transit by road rail inland waterway lift elevator or air.
  5. Corporate Fleet program – It offers you the convenience of quick/multiple modes of claim notification, green channel settlement, claim settlement within 7 working days, any loss or damage to your vehicle due to accidental external means and third party losses.
  6. Third-Party Insurance – Covers any damage to a third party vehicle, any injury or death to the owner/driver of the third party vehicle and comes with an easy claim process.
  7. Motor Third Party Liability – Claimable in the event of an Accident, Death, Bodily Injury and Damage To Property other than belonging to the Insured.

Travel Insurance

You travel for various reasons like studies, work or vacation. However, if anything unexpected happens to you during the trip like loss of passport, missed a transit flight and gets physically injured. In such scenarios, Tata AIG Travel Insurance comes in handy. If you buy any of the travel insurance plans from Tata AIG General Insurance, you will get a good comprehensive travel cover that can take care of things when a risk arises.

The list of Tata AIG travel insurance is as follows – 

  1. International Travel Insurance – 24×7 local assistance in a foreign land, Up to $500,000 sum insured, Baggage Coverage including loss or delay, Journey Coverage such as Trip Curtailment, Trip Cancellation, Missed connection/departure, Bounced Hotel or Airline Booking, Loss of passport, home burglary, hijack, trip delay, personal liability, fraudulent charges and automatic extension of the policy up to 7 days.
  2. Student Travel Insurance – Baggage Covers (including Checked Baggage Loss and Checked Baggage Delay), Journey covers like sponsor protection, missed connections/departure, fraudulent charges, personal liability, hijack cash benefit, loss of passport, bail bond, Medical covers for accident & sickness medical expenses, accidental death and dismemberment, study interruption due to hospitalization, compassionate visit expenses, repatriation of remains, maternity benefit, cancer screening and mammography examinations, physiotherapy, dental relief, emergency evacuation.
  3. Domestic Travel Insurance – Journey Coverage such as Trip delay, Missed departure, Loss of tickets, Personal liability cover, Emergency medical evacuation and comprehensive Medical Covers like accidental medical expense, accidental death or dismemberment, repatriation of remains, family transport expenses, In-hospital indemnity.
  4. Senior Citizen Travel Insurance – Baggage Coverage like Baggage Loss and Baggage Delay, Journey Coverage such as Automatic Extension of Policy and Medical Coverage including accident, sickness, accidental death and dismemberment, dental treatment, emergency evacuation and repatriation of the insured dead body remains.
  5. Business Travel Insurance – Under this plan, premium rates are per day, per person, policy issuance is Internet-based and the travel days can be replenished upon the payment of additional premium. You will have worldwide assistance facilities and you get coverage for the Business Travel Accident.

Note – Tata AIG offers you coverage for medical expenses related to COVID – 19 if you travel outside India.

Other Tata AIG General Insurance

If you don’t find the insurance you have been looking for, check out the following insurance policy on the Tata AIG General Insurance website.

  1. Accident Insurance
  2. Home Insurance
  3. Rural Insurance
  4. Private Client Group Insurance
  5. About Pradhan Mantri Fasal Bima Yojana (PMFBY)
  6. Small Business Insurance
  7. Fire & Engineering Insurance
  8. Marine Cargo Insurance
  9. Financial Lines
  10. Casualty Insurance

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