Health is one of the most important factors of wellness and well-being. It is very important for every individual to understand the importance of good health and hence, availing is a health insurance plan is a very wise decision. Aditya Birla Capital is one of the leading private sector health insurance plans providers in India dedicated to offering comprehensive health insurance plans that cover you against the uncertainty of life so that your savings don’t drain out while paying for medical aid.
About Aditya Birla Health Insurance Company
The company is called Aditya Birla Capital and it offers a wide range of health insurance plans that help the insured to tackle finances in the midst of a medical emergency. The company has introduced a health insurance plan to cover expenses incurred for the treatment of health diseases, Accidents, Critical Illnesses, and cancer. The company also offers a health insurance plan under which daily cash benefit is received in the event of hospitalization.
Aditya Birla Capital is one of the biggest health insurance providers in India. It is a joint venture between Aditya Birla Capital Limited (holding 51% of stake) and MMI Holdings – a South African company (holding 49% of stake). The most notable achievement of this health insurance company is that it has made its place in the Fortune 500 Companies list. Thus, this partnership helps you to focus on your health and family as they take care of your monetary aspect.
Features of Aditya Birla Health Insurance Company
Health Insurance Plans offered by Aditya Birla Capital are one of the finest plans available in India. The company has designed health insurance plans to satisfy all the health insurance needs of their customers. The company offers unique features to the policyholder covering a wide range of medical insurance needs. Following are the features of Aditya Birla Health Insurance Company Plans:
- The company offers health insurance policies to individuals, family floater, and group policies.
- Customers who wish to purchase the policy can either purchase the health insurance plan through an online channel or through offline channels as per their convenience.
- The Aditya Birla health insurance policies can be availed for longer tenure as per the needs of its customers.
- The company has a strong online presence thereby offering free online insurance quotes, health insurance policies and even renewal quotes. The policyholder can easily purchase or renew their health insurance plan online.
- The health insurance plans take care of hospitalization expenses.
- Aditya Birla Health insurance Company is one of the forefront players that offer health insurance plans with a high sum insured.
- Additional Add-on benefits are also available to cover for additional expenses by paying a little extra premium.
- Most of the plans offered by Aditya Birla Capital cover for expenses incurred upon in-patient treatments and covers for expenses like ICU charges, room rent, operation theatre charges, specialist’s fees, medical expenses, etc.
- The plan offered by Aditya Birla Capital also covers for domiciliary hospitalization expenses.
- Most of the health insurance plans of Aditya Birla Health Insurance Company covers the expenses incurred for the treatment of daycare procedures.
- Aditya Birla Capital gives you the flexibility to choose the category of the hospital room as per their convenience. In the case at the time of hospitalization the policyholder chooses a lower category of hospital room then they are eligible to claim for reimbursement.
- The health insurance plans of Aditya Birla Capital also provide for Recovery benefit as per the terms and conditions of the plan you choose.
- The tax benefit is one of the important factors that make buying Aditya Birla Health Insurance Plan a profitable one. The policyholder can claim tax benefit for the premiums paid under the Income Tax Act 1961.
- Aditya Birla Health Insurance Company offers a free medical check-up option to its policyholders.
- The health insurance policy covers the expenses incurred for the transportation of the patient to the hospital i.e. Ambulance charges.
- No claim Bonus is one of the best features of the health insurance policies offered by Aditya Birla Capital. The company provides a cumulative bonus of 10% – 20% for each claim-free policy year; however, this bonus is dependent on the terms and conditions of the health insurance policy chosen by the policyholder.
- Another unique feature offered by Aditya Birla Capital’s health insurance plans is the Reload of the sum insured.
- Apart from the above-mentioned features and benefits, the policyholders can avail a range of value-added benefits under the Aditya Birla Health Insurance Company plan. Value Added benefit includes ‘E-Opinion’ wherein if the policyholder is diagnosed with a critical illness then he/she is eligible to avail the second opinion from a specialist. Policyholders suffering from a critical illness can even participate in a Chronic Management Program wherein they are supervised for their chronic illnesses and simultaneously they can avail the services of Wellness coaches.
Benefits of Aditya Birla Health Insurance Plan
The health insurance plans offered by Aditya Birla Capital has numerous benefits as they are designed keeping in mind the needs of the customers. Following are the benefits offered by the Aditya Birla Health Insurance Plans:
1. High Sum insured:
Health Insurance Plans offered by Aditya Birla Capital come with a higher Sum Insured option. Customers have a choice to choose Sum Insured ranging between Rs 10 Lakhs to Rs 2 Crores. Providing an option to choose high sum Insured is one of the biggest benefits of opting for a health insurance plans from Aditya Birla Capital, as it will help the policyholder to tackle the rising cost of medical aid.
2. Longer Tenure:
The health insurance plan comes with longer tenure making it easier for the policyholder to stay covered. The tenure of the plans ranges from one year to three years thereby rescuing the policyholder from the hassle of health insurance policy renewal.
Aditya Birla Capital understands the importance of personalized health insurance plans for every customer as the insurance needs of every person is different. Therefore, the company offers flexibility to the customer to choose the health insurance plan either an individual plan or family floater, flexibility to choose cover and or benefits. Customers can choose the health insurance plan and its features as per their needs and requirements.
4. Hospitalization Cover:
Hospitalization cost is one of the biggest cost contributors in the medical bill but with Aditya Birla health insurance plan you can stay stress-free. The health insurance policy takes care of pre-hospitalization expenses, post-hospitalization expenses. The policyholder can avail additional coverage for ICU Charges, Room Rent, operation theatre charges, etc. as per their needs and requirements.
5. Daycare coverage:
Daycare procedures include procedures and treatments that do not require hospitalization for more than 24 hours. Treatments like cataracts, dialysis, etc. do not require hospitalization for more than 24 hours but are costly treatments that can burn your pocket. However, an Aditya Birla Health Insurance Plan can help you by taking care of the expenses incurred for the treatment of such procedures.
6. Tax Benefit:
One of the most important benefits of buying an Aditya Birla Health Insurance Company plan is that it offers tax benefit under section 80D of the Income Tax Act 1961, to the policyholder.
Health Insurance Product Portfolio
The health insurance products offered by Aditya Birla Health Insurance Company is wide and extensive. All the health insurance plans are designed to offer effective service of managing the monetary aspect of your medical bill thereby relaxing your stress of financial crunch. The wide range of health insurance product offered by the company are as follows:
1. Aditya Birla Active Assure- Diamond Plan:
- Offers a comprehensive Sum Insured up to Rs 2 Crores.
- Reload of Sum Insured of 150% for all the subsequent claims caused due to unrelated illness
- Offers cover for 586 daycare treatment and procedures
- No Claim Bonus of 10% of the Sum Insured is offered for every claim-free year
- Earn ‘Health Returns’ up to 30% of the policy premium by earning ‘Active Dayz’ staying healthy.
- Offer cover to in-patient hospitalization under AYUSH
- Offers Domestic as well as International Emergency Assistance Service like Air Ambulance
- Option to choose comprehensive additional covers like Super NCB, Unlimited Reload of Sum Insured and ‘Any Room’ Upgrade
2. Aditya Birla Activ Health Platinum- Enhanced Plan:
- Flexibility to choose Hospital Room Category
- Comprehensive Sum Insured up to Rs 2 Crores
- Earn Health Return Rewards by staying healthy
- Day 1 coverage for diseases like hypertension, diabetes, high Cholesterol, and Asthma
- Global Emergency Assistance Service while traveling abroad
- Reload of Sum Insured facility in case of an unrelated illness
3. Aditya Birla Activ Health Platinum- Essential Plan:
- The policyholder has a choice to select the Hospital Room category
- Comprehensive Sum Insured up to Rs 10 lakhs
- Earn Health Returns for staying fit and healthy
- Option to add optional covers to widen benefits and making your health insurance plan more robust
- Day 1 coverage for diseases like hypertension, diabetes, high Cholesterol, and Asthma
4. Aditya Birla Activ Secure – Personal Accident Plan:
- Offers coverage to you and your family in event of accidental death, permanent disability or partial disability
- Cover for modification in residence and vehicle
- Offers unique benefit like education benefit and orphan benefit
- Flexibility to add optional cover to widen the scope of your health insurance plan. Optional add-on cover include Temporary Total Disablement, Accident in-patient hospitalization, and worldwide Emergency Assistance
- Complete protection of your family from EMI and Loan Instruments
- Cumulative Bonus of 5% for every claim-free year, maximum up to 50% of the sum insured
- Facility to avail Wellness Coach in case you are suffering or have overcome critical illness
5. Aditya Birla Activ Secure – Critical Illness Plan:
- Offers 3 variants under this plan offering a wide range of benefits
- Flexibility to choose anyone from the three available variants as per your needs
- Comprehensive protection is offered against all major critical illnesses
- The benefit of Low survival period of 15 days once diagnosed with critical illness
- Health insurance plan continues even after payout done for an early stage critical illness
- Payout of 150% of sum insured if diagnosed with more than one critical illness
- Tax benefit under section 80D of the income tax Act 1961
6. Aditya Birla Hospital Cash Plan:
- Daily Cash Benefit ranging between Rs 500 to Rs 10000
- Flexibility is given to the policyholder to choose the max number of days in one policy year
- Convalescence benefit is given if hospitalization is more than 7 days
- Parental Accommodation benefit is offered
- Tax Benefit under the Income-tax Act
Aditya Birla Cancer Secure Plan:
- Payout facility as per cancer stage i.e. 50% of sum insured for early-stage cancer, 100% payout for major stage cancer and 150% of sum insured for the advanced stage of cancer
- Additional payout of 100% of sum insured for major stage cancer irrespective of the claim made of early-stage cancer which pays 50% of sum insured
- A cumulative bonus benefit of 10%, maximum up to 100% of the Sum Insured
- Low survival period benefit of 7 days upon the first diagnosis of cancer
- Tax benefit under Sec 80D of Income Tax Act
Aditya Birla Capital understands the health insurance needs of customers and provides well crafter health insurance plans. The health insurance plans offered by Aditya Birla Capital offers unique health insurance benefits like:
- Earning 30% on your health insurance premium i.e. Health Returns by adopting a healthy lifestyle
Well curated ‘Chronic Management Program’ for managing chronic illnesses like Diabetes, Hypertension, and Asthma, etc.
- E-opinion in case of diagnosis of critical illness from a panel of expert doctors affiliated to the company
- Choose the hospital room as per your choice and if you opt for lower room category then you can avail reimbursement or can earn back Health Returns
Thus, buying a health insurance plan from Aditya Birla Health Insurance Company not only helps you in case of a medical emergency but also helps in promoting a healthy lifestyle through various programs.