Health Assure Insurance policy

1. Indemnity cover – The product is a unique indemnity health insurance product which covers expenses incurred on hospitalisation due to Illness or Accident

2. No pre-acceptance medical screening – There is no pre-acceptance medical screening

3. Policy Term – One year / Two years / Three years

4. Sum Insured Options SHAP – Rs.5,00,000/-, Rs.10,00,000/-, Rs.15,00,000/-, Rs.20,00,000/-, Rs.25,00,000/-, Rs.50,00,000/-, Rs.75,00,000/-, Rs.1,00,00,000/- and Rs.2,00,00,000/-Note: For persons aged above 65 years, the maximum sum insured available is

5. Type of Policy – Individual and Floater

6. Family Size – Maximum Family Size 6 Adults + 3 Children (6 Adults = Self + Spouse + Parents + Parents-in-law) and the family size can be 9 Adults, if children covered under floater sum insured are above 18 years of age

7. Star Wellness Program – Wellness discount at 20% is available

8. Automatic Restoration – available Unlimited number of times

_{^{a. Floater Sum Insured :}}

• For Adults – Minimum – 18 years & Maximum – Up to 75 years
• For Dependent Children – Minimum – 16 days & Maximum – Up to 18 years
• In case of dependent children, at the time of renewal when they complete 18 yrs of age, such children will be considered as Adult and he/she can continue under floater sum insured till he/she gets married.

_{^{b. Individual Sum Insured :}}

• Minimum – 91 days and Maximum upto 75 years.
• For Children, provided Good Health declaration, Pediatrician Opinion and the proposal should routed through our Central Medical Underwriting Team.

• Tax Benefits: Amount paid by any mode other than by cash for this insurance is eligible for relief under Section 80D of the Income Tax Act.
• Pre acceptance medical screening: There is no Pre-acceptance medical screening.
• Co-payment:10% Co-payment is applicable for each and every claim for insured persons whose age at the time of entry is above 61 years and above.
• Free look period: At the time of inception of the policy, the Insured will be allowed a period of 15 days from the date of receipt of the policy to review the terms and conditions of the policy and to return the policy if not acceptable. In such a case, the premium refund shall be as follows : If the Insured has not made any claim during the free look period, the Insured shall be entitled to –
  1. a refund of the premium paid less any expenses incurred by the Insurer on medical examination of the insured persons and the stamp duty charges or
  2. where the risk has already commenced and the option of return of the policy is exercised by the policy holder, a deduction towards the proportionate risk premium for period on cover or
  3. where only a part of the insurance coverage has commenced , such proportionate premium commensurate with the insurance coverage during such period. Free look period shall not be applicable at the time of renewal

NOTE: Renewal premium, terms and conditions are subject to change with prior approval from IRDAI