Characteristics
The most important feature is sum assured up to a maximum of 5 crores. Other features include more global coverage, maternity cover, OPD cover, unlimited recovery of the sum assured and more than 15 useful additional benefits.
This policy rewards customers who are financially and physically fit. India’s first credit score based discount and BMI based discount on top of the premium.
Also read: Do you have multiple health insurance policies? Information cannot be hidden
Rakesh Jain, CEO, Reliance General Insurance, said that nowadays a basic health plan is not enough to provide the protection an individual needs. Inflation is increasing in the medical field. Access to modern medical facilities is also important. For these reasons a policy that provides unlimited security is essential. He also said that it is important to have a policy that offers top-notch benefits such as unlimited recovery, high sum insurance, medical equipment insurance, planned global treatment, etc.
Some of the other features of the policy are given below.
- Emergency treatment and planned treatment facilities are available abroad
- Additional coverage of 30% over the Sum Assured is available under the More Insurance Benefits option.
- With more time benefits, you get a longer policy tenure. That is, instead of 12 months, the tenure is 13 months.
Additional benefits
The policy also provides a number of additional benefits. Maternity service up to Rs 2 lakh is available based on a minimum waiting period of 12 months. Recovery of basic sum assured for related and unrelated illnesses during the policy year without limit OPD cover covers consultation with a doctor, diagnostic tests, dental and surgical treatments and prescription drugs. With double cover protection, you get an additional 100% of the sum insured from day one. It can be used in the same claim period.
Also read: Do you need to top up your health insurance?
Sum insured options are available in individual and family mobile company (up to eight members) categories. 5 lakh to 5 crore sum insurance options are available. Children over 90 days old and adults aged 18 to 65 are covered under this policy. Newborn babies can be covered under the Mother and Child Care Benefit Scheme. Critical expenses such as organ donor, pre and post hospital, day care procedure, emergency ambulance, special treatment etc. are covered.
Smart discounts
Another feature is BMI (Body Mass Index) based on credit score. This policy rewards individuals who are physically and financially healthy. A family floater policy offers a 5% discount for providing cover to the daughter of the family. A further 5% discount is available if the bidder is a woman. Customers who purchase the policy online will also receive a 10% discount.
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