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Health Insurance 1717 views October 29, 2020
Most of the individuals in India think that taking a health insurance plan is a wastage of money because if you don’t fall ill during the policy terms then your entire premium will be wasted. But you must know that health plans are very useful at the time of medical emergencies. It helps you to keep all your savings intact and indemnifies for the loss. So, one such health plan is the New India Floater Mediclaim Policy that gives you multiple options for the Sum Assured. A person can add up to 6 members under the same plan and secure their health issues. So, you must explore all other features of this health insurance plan.
Table of Contents
Now, you must see the various medical expenses that are covered in this health plan. The company will reimburse the medical expenses and there are some benefits that you will enjoy during the policy term.
In this insurance plan, you will get a critical care benefit if in case you are hospitalized. The company will give you 10% of the Sum Assured as the critical care benefit. This sum of money can be useful to face medical emergencies.
You will also get a newborn baby cover in this insurance plan. It means that the company will cover the medical expenses related to a newborn baby in this policy.
If you are going through the cataract treatment then those expenses are also covered in this plan. You will get up to 10% of the Sum Assured with a maximum of Rs.50000 as coverage for the treatment of the critical illness.
The company will give you 25% of the Sum Assured if you are going for the AYUSH treatment. The AYUSH Treatment includes the Ayurvedic treatments and they are as follows:-
You will get the Hospital Cash Benefit in the New India Floater Mediclaim Policy. The minimum hospital cash benefit will be 0.1% of the Sum Assured and a maximum of 1% of the Sum Assured.
Ambulance helps the patient to carry him from one place to another. So, the ambulance charges are covered in this health insurance policy. The maximum coverage for the ambulance charges is up to 1% of the Sum Assured.
This plan covers all the expenses incurred during the day care procedures. It will cover the day care procedure for up to 139 days.
You will enjoy discounts on the premium by adding more family members to the same plan. The percentages of discounts are given below:-
The company will give you a cumulative bonus of 25% after every claim-free year and it will be added to the existing Sum Assured. Your sum assured will keep on increasing by 25% after every claim-free year until it reaches 50% of the Sum Assured.
Particulars | Details |
---|---|
Minimum Age of Entry | 18 Years |
Maximum Age of Entry | 65 Years |
Minimum Age of Entry for Dependent Child | 3 Months |
Maximum Age of Entry for Dependent Child | 25 Years |
Minimum Amount of Sum Assured | Rs.2 Lacs |
Maximum Amount of Sum Assured | Rs.15 Lacs |
Sum Assured Options | Rs.2 Lacs, Rs.3 Lacs, Rs.5 Lacs, Rs.8 Lacs, Rs.10 Lacs, Rs.12 Lacs, and Rs.15 Lacs |
Family Members Allowed | Proposer, Spouse, Dependent Children, and Dependent Parents |
Maximum Members Allowed under one Plan | 6 Members |
The following illnesses will have a waiting period of 24 months:-