Turning sixty is a major milestone and
for most people, a time to start being more careful about their health. It
is a matter of concern that insurance policies are hardly available to
address this critical requirement. STAR Health is proud to introduce a
health insurance policy aimed specifically at senior citizens. It provides
cover for anyone over the age of 60 and permits entry right up to the age of
69 with continuing cover after that. It is our way of caring for a
generation that has done so much to build the country we have today.
Major Product Features
- For people aged between 60 and 69 years · Guaranteed renewals
beyond 69 years
- No pre-insurance medical test is required
- Treatment at network hospitals only
- All pre-existing diseases are covered, except those for which
treatment or advice was recommended by or received during the
immediately preceding 12 months from the date of proposal
The Benefits
- Hospitalization Cover: In-patient hospitalization expenses for a
minimum of 24 hours. Includes room rent and boarding @ 1% of sum insured
- ICU expenses per day @ 2% of sum insured
- Nursing expenses
- Fees for Doctor / Surgeon / Consultant / Anesthetist per illness @
25% of sum insured
- Cost of Blood, Oxygen, Pacemaker
- Cost of Drugs and Diagnostic tests @ 50% of sum insured per
hospitalization
- Treatments for Cardiovascular Diseases / Cerebrovascular Accident /
Cancer and breakage of bones, up to Rs.75,000/-
- Cataract (both eyes included), up to Rs.15,000/-
- Renal complications, up to Rs.75,000/-
- All other Major Surgeries, up to Rs.60,000/-
- Emergency ambulance charges for transporting the insured person to
the hospital @ Rs.750 per hospitalization and Rs.1500 per policy period
- A lump sum calculated at 7% of the hospitalization expenses is
payable towards post-hospitalization, subject to a maximum of Rs.5000/-
per occurrence as per the policy
Policy Premium
- A flat premium of Rs.5,000/- for a sum insured of Rs.1,00,000/- per
annum and Rs.10,000/- for a sum insured of Rs.2,00,000/- , irrespective
of the age (service tax extra)
- A discount of 10% of the above premium will be allowed if the
Proposer produces the following documents to the satisfaction of the
Company o Stress Thallium Report* o BP report* o Sugar (blood &
urine)* o Blood urea & creatinine* o Self-declaration or
certification that surgeries related to Heart / Brain / Cancer has /
have not been done in the past
*The tests should have been taken not before 45 days from the date of
proposal.
Tax Benefit
Premium paid by cheque and credit card is eligible for relief as provided
under Section 80 D of the Income Tax Act.
Can this policy be taken by a Group
* No
Claim Procedure
- Call 24 hour help-line for assistance
- Inform ID number for easy reference
- For planned hospitalisation, please inform 24 hours prior to
admission to the hospital
- For emergency hospitalisation, information to be given within 24
hours after hospitalisation
- Cashless facility can be availed in all network hospitals
- For treatment in non-network hospitals, payment must be made up-front
and then reimbursement will be effected on submission of documents
What cannot be claimed?
- Treatments currently availed or availed during the previous 12 months
from date of proposal
- Any expenses incurred for treatment of illness / disease / sickness
contracted by the Insured person during the first 30 days from the
commencement of the policy
- First year exclusions : Hernia, Piles, Hydrocele, Congenital Internal
disease / defect, Sinusitis, Gall Stone / Renal Stone removal and Benign
Prostrate Hypertrophy
Renewal Features
- Renewal of policy under mutual consent
How to buy this insurance?
- Click here to purchase this policy now
- Please contact us through our Toll Free Help Line / SMS / nearest
office
For further details, please refer the policy brochure and
conditions.
Medi-Classic Individual Policy
Health insurance is one of those products
that people always wish they had the foresight to take. Just like you
prepare for every important financial milestone, it is essential that you
plan for protecting your health - because ill-health can have huge financial
implications as well and you need to protect yourself from all
eventualities.
STAR Health and Allied Insurance service offers STAR Medi Classic policy to
provide for reimbursement of hospitalization expenses.
Medi-Classic Benefits
- Hospitalisation cover - In-patient hospitalisation expenses for a
minimum of 24 hours. Includes room rent at 2% of Sum Insured subject to
a maximum of Rs.4,000/-
- Boarding and Nursing expenses
- Surgeon's fees, Consultant's fees, Anesthetist's fees
- Cost of blood, oxygen, diagnostic expenses, cost of pace-makers
- Cost of medicines and drugs
- Emergency ambulance charges for transporting the insured patient at
Rs.750/- per hospitalisation and Rs.1500/-per policy period
- Pre-hospitalisation expenses upto 30 days prior to date of admission
in the hospital A lump-sum amount calculated at 7% of the specified
hospitalisation expenses payable towards Post-hospitalisation, subject
to a maximum of Rs.5000/-
Optional Benefits (on payment of additional premium)
- Hospital Cash - Provides for payment of Rs.500/- for each completed
day of hospitalisation subject to a maximum of Rs.1500/- per
hospitalisation
- Patient Care - Available with Medi-Gold plan. It pays for the
attendant charges after discharge from the hospital upto a maximum of 7
days
- New Born Baby Care - Available with Family Package Plan and provides
cover for the new-born baby from birth upto the expiry of the policy
period. The sum insured to the new-born is restricted to 10% of the sum
insured for the mother under the policy
Special Features
- No Claim Discount ranging from 5% to 25% for every claim free year of
insurance (other than Family Package)
- Where Claims ratio is 100% for immediately preceding two consecutive
years, a loading on the premium may be imposed ranging from 20% to 50%
- Discount for voluntary deductibles ranging from 2% to 12% (other than
Family Package)
- Renewal of policy under mutual consent
How much to pay (for individuals)
| Sum Insured (in Rs) |
5 months - 35 yrs |
36 - 45 yrs |
46 - 50 yrs |
| 50000 |
575 |
700 |
1320 |
| 100000 |
1200 |
1350 |
2447 |
| 150000 |
1800 |
2000 |
3400 |
| 200000 |
2350 |
2600 |
4583 |
| 250000 |
2800 |
3150 |
5548 |
| 300000 |
3300 |
3650 |
6170 |
| 350000 |
3750 |
4150 |
7408 |
| 400000 |
4200 |
4500 |
8700 |
| 500000 |
4900 |
5400 |
10700 |
IT Benefit
- Premium paid by cheque and credit card is eligible upto Rs.10000/-
for relief under Section 80-D of the Income Tax Act
Claim Procedure
- Call 24 hour help-line for assistance
- Inform ID number for easy reference
- For planned hospitalisation, please inform 24 hours prior to
admission to the hospital
- For emergency hospitalisation, information to be given within 24
hours after hospitalisation
- Cashless facility can be availed in all network hospitals
- For treatment in non-network hospitals, payment must be made up-front
and then reimbursement will be effected on submission of documents
Exclusions
- Expenses incurred for treatment of any illness / disease / condition,
which is pre-existing at the time of commencement of insurance
- Any expenses incurred for treatment of illness / disease / sickness
contracted by the Insured Person during the first 30 days from the
commencement of the policy
- First Year Exclusions - Hernia, Piles, Hydrocele, Congenital Internal
disease/ defect, Sinusitis, Gall Stone / Renal Stone removal / treatment
- Two Years Exclusions - Hysterectomy, Cataract, Joint Replacement
Surgery, Prolapsed Intervertebral Disc, Varicose veins / ulcers
- Naturopathy treatment
- Expenses, which are purely diagnostic in nature with no positive
existence of any disease
- Expenses that is cosmetic in nature
- Expenses incurred for treatment by systems of medicines other than
Allopathic shall be limited to 25% of Sum Insured, subject to a maximum
of Rs.25000/- in the entire policy period
Renewal Features
- Renewal of policy under mutual consent
- Where Claims ratio is 100% for immediately preceding two consecutive
years, a loading on the premium may be imposed ranging from 20% to 50%
How to buy this insurance?
- Click here to purchase this policy now
- Please contact us through our Toll Free Help Line / SMS / nearest
office
For further details, please refer the policy brochure and
conditions.
Flights
