The entry age is 18-65 years, renewable till you attain 75 years. The coverage offered is Rs 1,00,000 to Rs 5,00,000. The plan will pay a fixed amount of 1 percent of sum assured per day from the first day for the minimum duration of 48 hours of hospitalisation under its daily hospital cash benefit (DHCB) scheme. An additional 1 percent of sum assured per day is paid to the insured for each day of stay in the ICU. A recuperating benefit of 3 percent of sum insured is paid to the policyholder up to seven or more days of continuous hospitalisation for the same injury and disease subject to DCHB being payable at the time of hospitalisation.
Go deeper with GlobalData
The plan promises to pay a lump sum benefit of 100 percent of sum insured for 10 major surgeries, like hip or knee replacement, excision of tissue of brain with craniotomy, coronary artery bypass surgery, liver transplantation and total excision of esophagus and stomach. Similarly, 100 percent of sum insured is paid in case of 10 critical illnesses, including cancer, stroke, loss of speech, Alzheimer and coma. The plan offers a surgical cash benefit up to 10 percent of sum assured. The annual and lifetime benefits are capped, for instance, the annual limit for DHCB is 45 days. While recuperation benefit and major surgical benefit will be paid only once in a policy year, surgical cash benefit will be paid for three events. Similarly, the lifetime limit is one-time maximum annual limit for a critical illness.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
